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Investments glossary

Operating Loss (OL)

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Quotes of the day:

\'\'It is therefore doubtful if President Mohammadu Buhari will be able to deliver his campaign promises to Nigerians if the price of crude oil which accounts for some 90% of Nigeria’s total export revenue and 75% of total consolidated revenue continue to hover around $50 per barrel between now and 2019.\'\' Chika Onuegbu in his 2015 paper titled “HISTORICAL OVERVIEW OF THE IMPACT OF GLOBAL OIL POLITICS ON CRUDE OIL PRICES, INVESTMENTS AND EMPLOYMENT RELATIONS IN THE NIGERIAN OIL AND GAS INDUSTRY”

— Chika Onuegbu

An operating loss occurs when a company’s operating expenses exceed gross profits (or revenues in the case of a service-oriented company, generally speaking, instead of a manufacturer). An operating loss does not consider the effects of interest income, interest expense, extraordinary gains or losses, income or losses from equity investments or taxes. These items are ‘below the line,’ meaning they are added or subtracted after the operating loss (or income, if positive) to arrive at net income. If there is an operating loss, there is usually a net income loss unless an extraordinary gain (e.g., sale of an asset) was recorded during the accounting period.


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