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Ergo Science (Ergo Science) EBIT : $-3.02 Mil (TTM As of Sep. 2006)


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What is Ergo Science EBIT?

Ergo Science's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2006 was $-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2006 was $-3.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ergo Science's annualized ROC % for the quarter that ended in Sep. 2006 was 2.29%. Ergo Science's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2006 was -12.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ergo Science's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2006 was -38.48%.


Ergo Science EBIT Historical Data

The historical data trend for Ergo Science'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.

Ergo Science EBIT Chart

Ergo Science Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.51 -1.01 -3.01 0.98 -2.59

Ergo Science Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -0.78 - -1.77 -1.12 -0.12

Competitive Comparison of Ergo Science's EBIT

For the Staffing & Employment Services subindustry, Ergo Science'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.


Ergo Science's EV-to-EBIT Distribution in the Business Services Industry

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

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



Ergo Science 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. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.02 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.


Ergo Science  (GREY:ERGN) EBIT Explanation

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

Ergo Science's annualized ROC % for the quarter that ended in Sep. 2006 is calculated as:

ROC % (Q: Sep. 2006 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2006 ) + Invested Capital (Q: Sep. 2006 ))/ count )
=-0.492 * ( 1 - 218.97% )/( (26.354 + 24.77)/ 2 )
=0.5853324/25.562
=2.29 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2006) data.

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

Ergo Science's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2006 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2006 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2006  Q: Sep. 2006
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.492/( ( (4.036 + max(-5.748, 0)) + (4.059 + max(-3.697, 0)) )/ 2 )
=-0.492/( ( 4.036 + 4.059 )/ 2 )
=-0.492/4.0475
=-12.16 %

where Working Capital is:

Working Capital(Q: Jun. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.096 + 0.593 + 3.406) - (6.815 + 6.933 + 0.094999999999999)
=-5.748

Working Capital(Q: Sep. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.237 + 0.566 + 2.685) - (5.776 + 5.314 + 0.095000000000001)
=-3.697

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2006) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2006 )
=-3.021/7.850
=-38.48 %

* 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.


Ergo Science EBIT Related Terms

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Ergo Science (Ergo Science) Business Description

Traded in Other Exchanges
N/A
Address
402 Office Park Drive, Suite 260, Birmingham, AL, USA, 35223
Ergo Science Corp is a United States based workforce injury prevention and treatment provider. It is focused on employee safety and employer risk reduction. The company offers physical abilities tests built from defensible, peer-reviewed research; evidence-based injury prevention and rehabilitation for diversified businesses.
Executives
Citigroup Inc director 388 GREENWICH STREET, NEW YORK NY 10013
Iticorp director 399 PARK AVENUE, NEW YORK NY 10043
Citicorp Banking Corp director ONE PENNS WAY, NEW CASTLE DE 19720
Citigroup Holdings Co director 336 THE STRAND, LONDON ENGLAND
Court Square Capital Ltd director 399 PARK AVE, NEW YORK NY 10043

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