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Adept Technology (Adept Technology) EBIT : $-5.28 Mil (TTM As of Jun. 2015)


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What is Adept Technology EBIT?

Adept Technology's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2015 was $-2.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $-5.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adept Technology's annualized ROC % for the quarter that ended in Jun. 2015 was -32.28%. Adept Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -57.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adept Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -2.79%.


Adept Technology EBIT Historical Data

The historical data trend for Adept Technology's EBIT 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.

Adept Technology EBIT Chart

Adept Technology Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.69 -3.85 -10.27 0.06 -5.28

Adept Technology Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
EBIT 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 -0.11 0.08 -2.27 -1.09 -2.00

Competitive Comparison of Adept Technology's EBIT

For the Specialty Industrial Machinery subindustry, Adept Technology's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adept Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adept Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adept Technology's EV-to-EBIT falls into.



Adept Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.28 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.


Adept Technology  (NAS:ADEP) EBIT Explanation

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

Adept Technology's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

ROC % (Q: Jun. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2015 ) + Invested Capital (Q: Jun. 2015 ))/ count )
=-6.156 * ( 1 - 14.55% )/( (16.545 + 16.042)/ 2 )
=-5.260302/16.2935
=-32.28 %

where

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

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

Adept Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2015  Q: Jun. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.004/( ( (0.878 + max(13.349, 0)) + (1.396 + max(12.165, 0)) )/ 2 )
=-8.004/( ( 14.227 + 13.561 )/ 2 )
=-8.004/13.894
=-57.61 %

where Working Capital is:

Working Capital(Q: Mar. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.057 + 9.921 + 0.875) - (8.398 + 0.106 + 0)
=13.349

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.585 + 10.419 + 0.51) - (9.207 + 0.142 + 0)
=12.165

When net working capital is negative, 0 is used.

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

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Adept Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=-5.282/189.510
=-2.79 %

* 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.


Adept Technology EBIT Related Terms

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Adept Technology (Adept Technology) Business Description

Traded in Other Exchanges
N/A
Address
Adept Technology Inc was incorporated in California in 1983 and reincorporated in Delaware in 2005. The Company is a robotics-based automation supplier. Through integrated offerings of both industrial and mobile robots helps customers improve the speed, quality and efficiency of their production environments. It design and manufacture industrial (fixed) and mobile robots along with a complementary suite of control and vision systems and software which are used for assembly, packaging, handling, testing and logistics applications in both fixed repetitive and unstructured environments. It operates in two segments: Robotics and Services & Support. Its geographic areas include United States, Europe, Asia and among others. It classifies robots into two categories, fixed (industrial) robots (multi-axis) and mobile robots (autonomous vehicles). It manufactures both types of robots and offers many options such as vision and automation control software and related hardware, parts feeding and enterprise-level software. It competes with ABB, Epson, Fanuc, Kuka, Yaskawa, Denso, Motoman, Staubli, Amazon (Kiva), Aethon, MetraLabs Seegrid, Savant and Neobotix. The Company has approximately 31 patents issued and current on various innovations in the field of robotics, motion control, and machine vision technology.
Executives
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael P Kelly director
Hale Martin M Jr director, 10 percent owner
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
A Richard Juelis director 349 OYSTER POINT BLVD, STE 200, S SAN FRANCISCO CA 94080
Lisa M Cummins officer: Sr. VP Finance & CFO 3011 TRIAD DRIVE, LIVERMORE CA 94551
Leroy C Kopp other: No longer subject to Sec. 16 8400 NORMANDALE LAKE BOULEVARD, SUITE 1450, BLOOMINGTON MN 55437
Robert J Majteles director
Gruber & Mcbaine Capital Management Llc other: See Footnote remarks. 234 VAN NESS, STE 5, SAN FRANCISCO CA 94133
Charles H Finnie director TWO EMBARCADERO CENTER, SUITE 2200, SAN FRANCISCO CA 94111
Crosslink Capital Inc 10 percent owner, other: Affilate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Steven L Moore officer: VP Finance & CFO
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
Viavi Solutions Inc. 10 percent owner 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286

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