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Sycamore Networks (Sycamore Networks) EBIT : $-19.04 Mil (TTM As of Jan. 2013)


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What is Sycamore Networks EBIT?

Sycamore Networks's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2013 was $-4.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2013 was $-19.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sycamore Networks's annualized ROC % for the quarter that ended in Jan. 2013 was -149.55%. Sycamore Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2013 was -227.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sycamore Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2013 was -298.39%.


Sycamore Networks EBIT Historical Data

The historical data trend for Sycamore Networks'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.

Sycamore Networks EBIT Chart

Sycamore Networks Annual Data
Trend Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.30 -71.80 -20.76 -19.39 -13.96

Sycamore Networks Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
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 -4.00 -5.25 -2.96 -6.78 -4.04

Competitive Comparison of Sycamore Networks's EBIT

For the Communication Equipment subindustry, Sycamore Networks'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.


Sycamore Networks's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sycamore Networks's EV-to-EBIT distribution charts can be found below:

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



Sycamore Networks 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 Jan. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.04 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.


Sycamore Networks  (OTCPK:SCMR) EBIT Explanation

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

Sycamore Networks's annualized ROC % for the quarter that ended in Jan. 2013 is calculated as:

ROC % (Q: Jan. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2012 ) + Invested Capital (Q: Jan. 2013 ))/ count )
=-16.168 * ( 1 - -30.77% )/( (11.473 + 16.802)/ 2 )
=-21.1428936/14.1375
=-149.55 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2013) data.

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

Sycamore Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2012  Q: Jan. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.168/( ( (3.705 + max(1.239, 0)) + (3.357 + max(5.915, 0)) )/ 2 )
=-16.168/( ( 4.944 + 9.272 )/ 2 )
=-16.168/7.108
=-227.46 %

where Working Capital is:

Working Capital(Q: Oct. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.72 + 8.836 + 0.828) - (7.964 + 5.296 + 0.885)
=1.239

Working Capital(Q: Jan. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.44 + 9.162 + 1.328) - (5.807 + 6.187 + 1.021)
=5.915

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2013) EBIT data.

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

Sycamore Networks's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2013 )
=-19.037/6.380
=-298.39 %

* 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.


Sycamore Networks EBIT Related Terms

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Sycamore Networks (Sycamore Networks) Business Description

Traded in Other Exchanges
N/A
Address
Sycamore Networks Inc was incorporated under the laws of the State of Delaware on February 17, 1998. The Company develops and markets Intelligent Bandwidth Management solutions for fixed line and mobile network operators worldwide and provides services associated with such products.
Executives
Robert E Donahue director
John W Gerdelman director C/O SYCAMORE NETWORKS INC, 220 MILL RD, CHELMSFORD MA 01824
Alan Cormier officer: General Counsel and Secretary 220 MILL ROAD, CHELMSFORD MA 01824