Berkshire Homes (Berkshire Homes) EBIT : $-0.15 Mil (TTM As of Aug. 2015)

View and export this data going back to 2011. Start your Free Trial

What is Berkshire Homes EBIT?

Berkshire Homes's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2015 was $0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2015 was $-0.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Berkshire Homes's annualized ROC % for the quarter that ended in Aug. 2015 was -0.05%. Berkshire Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2015 was 0.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Berkshire Homes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2015 was -4.17%.

Berkshire Homes EBIT Historical Data

The historical data trend for Berkshire Homes'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.

Berkshire Homes EBIT Chart

Berkshire Homes Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

EBIT

-0.53

-0.40

-0.26

0.21

Berkshire Homes Quarterly Data
	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
EBIT	Get a 7-Day Free Trial														0.36	-0.10	0.03	-0.08	-

Competitive Comparison of Berkshire Homes's EBIT

For the Real Estate Services subindustry, Berkshire Homes'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.

Berkshire Homes's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Berkshire Homes's EV-to-EBIT distribution charts can be found below:

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

Berkshire Homes 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 Aug. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.

Berkshire Homes (OTCPK:BKSH) EBIT Explanation

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

Berkshire Homes's annualized ROC % for the quarter that ended in Aug. 2015 is calculated as:

	ROC % (Q: Aug. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2015 )	+	Invested Capital (Q: Aug. 2015 ))	/ count )
=	-0.004 * ( 1 - 0% )	/	( (8.321	+	8.463)	/ 2 )
=	-0.004	/	8.392
=	-0.05 %

where

	Invested Capital		(Q: May. 2015 )
=	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	))
=	8.815	-	1.133	-	( 0.494	-	max(0, 1.133	-	0.494	+	0.494	))
=	8.321

	Invested Capital		(Q: Aug. 2015 )
=	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	))
=	8.966	-	1.212	-	( 0.478	-	max(0, 1.212	-	0.503	+	0.478	))
=	8.463

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

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

Berkshire Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Aug. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2015		Q: Aug. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.008	/	( ( (5.694 + max(-1.133, 0))	+	(5.644 + max(-1.187, 0)) )	/	2 )
=	0.008	/	( ( 5.694	+	5.644 )	/	2 )
=	0.008	/	5.669
=	0.14 %

where Working Capital is:

	Working Capital		(Q: May. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.133	+	0	+	0)
=	-1.133

	Working Capital		(Q: Aug. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.025)	-	(1.212	+	0	+	0)
=	-1.187

When net working capital is negative, 0 is used.

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

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

Berkshire Homes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2015 )
	=	-0.148	/	3.553
	=	-4.17 %

Berkshire Homes EBIT Related Terms

Thank you for viewing the detailed overview of Berkshire Homes's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Berkshire Homes (Berkshire Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Berkshire Homes Inc (OTCPK:BKSH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016

Website

http://www.berkshirenewhomes.com

Berkshire Homes Inc is a United States based company engaged in acquiring and rehabilitating distressed residential real estate properties that are below market value, rehabilitates them, and then sell or lease them, depending on which approach will generate the highest return.

Berkshire Homes (Berkshire Homes) Headlines

No Headlines