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HQ Global Education (HQ Global Education) EBIT : $16.92 Mil (TTM As of Nov. 2011)


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What is HQ Global Education EBIT?

HQ Global Education's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2011 was $5.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2011 was $16.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HQ Global Education's annualized ROC % for the quarter that ended in Nov. 2011 was 34.85%. HQ Global Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2011 was 42.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HQ Global Education's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2011 was 2,191.19%.


HQ Global Education EBIT Historical Data

The historical data trend for HQ Global Education'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.

HQ Global Education EBIT Chart

HQ Global Education Annual Data
Trend Feb08 Feb09 Aug10
EBIT
-0.01 -0.01 13.68

HQ Global Education Quarterly Data
Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11
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 5.52 4.67 5.01 1.67 5.56

Competitive Comparison of HQ Global Education's EBIT

For the Entertainment subindustry, HQ Global Education'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.


HQ Global Education's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HQ Global Education's EV-to-EBIT distribution charts can be found below:

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



HQ Global Education 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 Nov. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.92 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.


HQ Global Education  (OTCPK:HQGE) EBIT Explanation

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

HQ Global Education's annualized ROC % for the quarter that ended in Nov. 2011 is calculated as:

ROC % (Q: Nov. 2011 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2011 ) + Invested Capital (Q: Nov. 2011 ))/ count )
=22.332 * ( 1 - 0% )/( (61.235 + 66.916)/ 2 )
=22.332/64.0755
=34.85 %

where

Note: The Operating Income data used here is four times the quarterly (Nov. 2011) data.

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

HQ Global Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2011 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2011 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2011  Q: Nov. 2011
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22.248/( ( (39.136 + max(13.787, 0)) + (43.898 + max(9.099, 0)) )/ 2 )
=22.248/( ( 52.923 + 52.997 )/ 2 )
=22.248/52.96
=42.01 %

where Working Capital is:

Working Capital(Q: Aug. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.387 + 0.435 + 6.938) - (3.035 + 0.568 + 0.37)
=13.787

Working Capital(Q: Nov. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.001 + 0.355 + 5.557) - (2.294 + 5.941 + 0.579)
=9.099

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2011) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2011 )
=16.916/0.772
=2,191.19 %

* 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.


HQ Global Education EBIT Related Terms

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HQ Global Education (HQ Global Education) Business Description

Traded in Other Exchanges
N/A
Address
333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868
HQ Global Education Inc is the provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.

HQ Global Education (HQ Global Education) Headlines

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