Bowl America (Bowl America) EBIT : $-2.52 Mil (TTM As of Mar. 2021)

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What is Bowl America EBIT?

Bowl America's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2021 was $0.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2021 was $-2.52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bowl America's annualized ROC % for the quarter that ended in Mar. 2021 was 4.87%. Bowl America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 6.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bowl America's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was -5.48%.

Bowl America EBIT Historical Data

The historical data trend for Bowl America'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.

Bowl America EBIT Chart

Bowl America Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

EBIT

Get a 7-Day Free Trial

3.31

3.75

4.02

3.22

0.35

Bowl America Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
EBIT	Get a 7-Day Free Trial															1.10	-1.48	-0.96	-0.39	0.33

Competitive Comparison of Bowl America's EBIT

For the Leisure subindustry, Bowl America'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.

Bowl America's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bowl America's EV-to-EBIT distribution charts can be found below:

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

Bowl America 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 Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.52 Mil.

Bowl America (AMEX:BWL.A) EBIT Explanation

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

Bowl America's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

	ROC % (Q: Mar. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Mar. 2021 ))	/ count )
=	1.304 * ( 1 - 24.35% )	/	( (20.202	+	20.33)	/ 2 )
=	0.986476	/	20.266
=	4.87 %

where

	Invested Capital		(Q: Dec. 2020 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	27.285	-	0.837	-	( 6.502	-	max(0, 1.712	-	7.958	+	6.502	))
=	20.202

	Invested Capital		(Q: Mar. 2021 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	28.21	-	0.925	-	( 7.63	-	max(0, 2.135	-	9.09	+	7.63	))
=	20.33

Note: The Operating Income data used here is four times the quarterly (Mar. 2021) data.

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

Bowl America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Mar. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.304	/	( ( (18.98 + max(-1.022, 0))	+	(18.773 + max(-1.327, 0)) )	/	2 )
=	1.304	/	( ( 18.98	+	18.773 )	/	2 )
=	1.304	/	18.8765
=	6.91 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.439	+	0.251)	-	(0.837	+	0	+	0.875)
=	-1.022

	Working Capital		(Q: Mar. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.413	+	0.395)	-	(0.925	+	0	+	1.21)
=	-1.327

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

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

Bowl America's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2021 )
	=	-2.516	/	45.933
	=	-5.48 %

Bowl America EBIT Related Terms

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Bowl America (Bowl America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowl America Inc (AMEX:BWL.A) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

6446 Edsall Road, Alexandria, VA, USA, 22312

Website

http://www.bowl-america.com

Bowl America Inc is engaged in the entertainment business. The firm operates bowling centers, with food and beverage service in each center. Its offerings include bowling parties, cosmic bowling, leagues, and open bowling. In addition, each center sells retail bowling accessories. The company's bowling centers are located in Washington D.C, Baltimore, Maryland, Richmond, Virginia, Jacksonville, and Florida. Its principal source of revenue consists of fees charged for the use of bowling lanes and other facilities.

Executives

Gloria Bragg	director	6446 EDSALL ROAD ALEXANDRIA VA 22312
Merle Fabian	director, 10 percent owner
Nancy Hull	director	C/O BOWL AMERICA INCORPORATED 6446 EDSALL ROAD ALEXANDRIA VA 22312
Arthur H. Bill	director	6844 GLENBROOK ROAD BETHESDA MD 20814
Leslie H Goldberg	director, 10 percent owner, officer: President
Stanley H Katzman	director, 10 percent owner

Bowl America (Bowl America) Headlines

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