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DTS (DTSI) EBIT : $-1.5 Mil (TTM As of Sep. 2016)


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What is DTS EBIT?

DTS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2016 was $2.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-1.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DTS's annualized ROC % for the quarter that ended in Sep. 2016 was 1.29%. DTS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was 29.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DTS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -0.20%.


DTS EBIT Historical Data

The historical data trend for DTS'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.

DTS EBIT Chart

DTS Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.62 -7.88 7.64 16.55 -11.71

DTS Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -2.30 -15.04 1.91 9.06 2.53

Competitive Comparison of DTS's EBIT

For the Software - Application subindustry, DTS'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.


DTS's EV-to-EBIT Distribution in the Software Industry

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

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



DTS 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.5 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.


DTS  (NAS:DTSI) EBIT Explanation

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

DTS's annualized ROC % for the quarter that ended in Sep. 2016 is calculated as:

ROC % (Q: Sep. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Sep. 2016 ))/ count )
=10.112 * ( 1 - 55.95% )/( (346.337 + 344.471)/ 2 )
=4.454336/345.404
=1.29 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.112/( ( (27.971 + max(6.558, 0)) + (28.076 + max(6.812, 0)) )/ 2 )
=10.112/( ( 34.529 + 34.888 )/ 2 )
=10.112/34.7085
=29.13 %

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)
=(20.447 + 0 + 6.342) - (17.027 + 3.204 + -7.105427357601E-15)
=6.558

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.911 + 0 + 7.832) - (24.835 + 3.096 + 0)
=6.812

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=-1.543/759.930
=-0.20 %

* 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.


DTS EBIT Related Terms

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DTS (DTSI) Business Description

Traded in Other Exchanges
N/A
Address
DTS Inc, a Delaware corporation, was founded in 1990. It commenced its operations as Digital Theater Systems Corporation. It is a audio solutions provider for high-definition entertainment experiences-anytime, anywhere, on any device. Its audio solutions are designed to enable recording, delivery and playback of simple, personalized, and immersive high-definition audio and are incorporated by hundreds of licensee customers around the world into an array of consumer electronics devices, including televisions ("TVs"), personal computers ("PCs"), smartphones, tablets, digital media players, video game consoles, Blu-ray Disc players, audio/video receivers ("AVRs"), soundbars, DVD based products, automotive audio systems, set-top-boxes ("STBs"), and home theater systems. The Company also provides a suite of audio processing technologies designed to enhance the entertainment experience for users of consumer electronics products subject to physical limitations, such as TVs, PCs and mobile electronics. In addition, it provides products and services to motion picture studios, radio and TV broadcasters, game developers and other content creators to facilitate the inclusion of compelling, realistic DTS-encoded soundtracks within their content. The Comnpany's competitor is Dolby Laboratories, who develops and markets, among other things, high-definition audio products and services.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Blake Welcher officer: EVP Legal & Licensing Oper 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Jon Kirchner director, officer: President and CEO C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: SVP Corp Bus Dev C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Melvin Flanigan officer: Executive VP Finance & CFO C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Gregory L Ballard director 280 N BERNARDO AVE MOUNTAIN VIEW CA 94043
Sharon K Faltemier officer: Senior VP, Human Resources 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
James B Mcelwee director WESTON PRESIDIO CAPITAL, 2420 SAND HILL RD STE 206, MENLO PARK CA 94025
Michael P Lazarus 10 percent owner C/O WESTON PRESIDIO, PIER 1 BAY 2, SAN FRANCISCO CA 94111
Steven Friedman director 320 PARKJ AVE, STE 220 NY 10022
Warren N Lieberfarb director
Eos Partners Sbic Lp director 320 PARKJ AVE, STE 220 NY 10022

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