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Global Sources (Global Sources) EBIT : $4.5 Mil (TTM As of Dec. 2016)


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What is Global Sources EBIT?

Global Sources's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2016 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $4.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Sources's annualized ROC % for the quarter that ended in Dec. 2016 was 0.00%. Global Sources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Sources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 0.93%.


Global Sources EBIT Historical Data

The historical data trend for Global Sources'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.

Global Sources EBIT Chart

Global Sources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.69 33.95 18.69 29.45 17.01

Global Sources Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 Dec16
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 20.92 -4.62 21.78 -12.66 -

Competitive Comparison of Global Sources's EBIT

For the Specialty Business Services subindustry, Global Sources'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.


Global Sources's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Sources's EV-to-EBIT distribution charts can be found below:

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



Global Sources 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.5 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.


Global Sources  (NAS:GSOL) EBIT Explanation

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

Global Sources's annualized ROC % for the quarter that ended in Dec. 2016 is calculated as:

ROC % (Q: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Dec. 2016 ))/ count )
=0 * ( 1 - 0% )/( (225.306 + 218.96)/ 2 )
=0/222.133
=0.00 %

where

Invested Capital(Q: Jun. 2016 )
=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))
=269.005 - 25.496 - ( 79.476 - max(0, 100.753 - 118.956+79.476))
=225.306

Note: The Operating Income data used here is four times the quarterly (Dec. 2016) data.

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

Global Sources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Dec. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (64.084 + max(-75.291, 0)) + (71.604 + max(-74.006, 0)) )/ 2 )
=0/( ( 64.084 + 71.604 )/ 2 )
=0/67.844
=0.00 %

where Working Capital is:

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.71 + 0.102 + 24.65) - (25.496 + 75.257 + 0)
=-75.291

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.838 + 0.111 + 24.027) - (21.532 + 77.45 + 0)
=-74.006

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2016) EBIT data.

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

Global Sources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=4.503/484.450
=0.93 %

* 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.


Global Sources EBIT Related Terms

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Global Sources (Global Sources) Business Description

Traded in Other Exchanges
N/A
Address
Global Sources Ltd was incorporated in 1970. The Company is a B2B media company that provides information and integrated marketing services, with a focus on the Greater China market. The primary service includes creating and hosting marketing websites that present suppliers' product and company information in a consistent and searchable manner on GlobalSources.com. It also offers banner advertising and publish print and digital trade magazines, which consist of product advertisements from suppliers and independent editorial reports.The Company provides B2B media products and services to stimulate and streamline the marketing and sourcing processes of trade.

Global Sources (Global Sources) Headlines