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Urban Television Network (Urban Television Network) Operating Income : $0.00 Mil (TTM As of Mar. 2015)


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What is Urban Television Network Operating Income?

Urban Television Network's Operating Income for the three months ended in Mar. 2015 was $0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was $0.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Urban Television Network's Operating Income for the three months ended in Mar. 2015 was $0.00 Mil. Urban Television Network's Revenue for the three months ended in Mar. 2015 was $0.00 Mil. Therefore, Urban Television Network's Operating Margin % for the quarter that ended in Mar. 2015 was %.

Urban Television Network's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Urban Television Network's annualized ROC % for the quarter that ended in Mar. 2015 was %. Urban Television Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 was %.


Urban Television Network Operating Income Historical Data

The historical data trend for Urban Television Network's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Urban Television Network Operating Income Chart

Urban Television Network Annual Data
Trend Sep02 Sep03 Sep04 Sep05 Sep06
Operating Income
-0.54 -2.01 -7.52 -2.80 -1.71

Urban Television Network Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Dec14 Mar15
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.30 -0.20 -0.10 - -

Urban Television Network Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Urban Television Network  (OTCPK:URBT) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Urban Television Network's annualized ROC % for the quarter that ended in Mar. 2015 is calculated as:

ROC % (Q: Mar. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2014 ) + Invested Capital (Q: Mar. 2015 ))/ count )
=0 * ( 1 - % )/( (0 + 0)/ 1 )
=0/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2015) data.

2. Joel Greenblatt's definition of Return on Capital:

Urban Television Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2014  Q: Mar. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(-0.25, 0)) + (0 + max(-0.25, 0)) )/ 1 )
=0/( ( 0 + 0 )/ 1 )
=0/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.25 + 0 + 0)
=-0.25

Working Capital(Q: Mar. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.25 + 0 + 0)
=-0.25

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2015) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Urban Television Network's Operating Margin % for the quarter that ended in Mar. 2015 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2015 )/Revenue (Q: Mar. 2015 )
=0/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Urban Television Network Operating Income Related Terms

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Urban Television Network (Urban Television Network) Business Description

Traded in Other Exchanges
N/A
Address
11705 Willake Avenue, Santa Fe Springs, CA, USA, 90670
Urban Television Network Corp is an American telecommunication and entertainment company engaged in broadcasting as an over-the-air television network. It is engaged in creating innovative plans and solutions which offer a diverse range of choices for broadcasting, digital streaming services, and a state-of-the-art movie studio.
Executives
Randy Moseley director, officer: Executive V.P. / CFO