Reeltime Rentals (Reeltime Rentals) EBIT : $-0.13 Mil (TTM As of Dec. 2018)

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What is Reeltime Rentals EBIT?

Reeltime Rentals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $-0.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reeltime Rentals's annualized ROC % for the quarter that ended in Dec. 2018 was -10.27%. Reeltime Rentals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -3,520.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Reeltime Rentals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -14.79%.

Reeltime Rentals EBIT Historical Data

The historical data trend for Reeltime Rentals'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.

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Reeltime Rentals EBIT Chart

Reeltime Rentals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

EBIT

-0.28

-0.35

-0.31

0.16

-0.13

Reeltime Rentals Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
EBIT	Get a 7-Day Free Trial															-0.02	-0.08	0.05	-0.05	-0.04

Competitive Comparison of Reeltime Rentals's EBIT

For the Entertainment subindustry, Reeltime Rentals'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.

Reeltime Rentals's EV-to-EBIT Distribution in the Media - Diversified Industry

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

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

Reeltime Rentals 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 Mil.

Reeltime Rentals (OTCPK:RLTR) EBIT Explanation

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

Reeltime Rentals's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

	ROC % (Q: Dec. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2018 )	+	Invested Capital (Q: Dec. 2018 ))	/ count )
=	-0.164 * ( 1 - 0% )	/	( (1.531	+	1.663)	/ 2 )
=	-0.164	/	1.597
=	-10.27 %

where

	Invested Capital		(Q: Sep. 2018 )
=	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	))
=	0.877	-	0.896	-	( 0.006	-	max(0, 2.35	-	0.8	+	0.006	))
=	1.531

	Invested Capital		(Q: Dec. 2018 )
=	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	))
=	0.985	-	0.896	-	( 0.004	-	max(0, 2.411	-	0.837	+	0.004	))
=	1.663

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

Reeltime Rentals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2018		Q: Dec. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.176	/	( ( (0.005 + max(-0.633, 0))	+	(0.005 + max(-0.623, 0)) )	/	2 )
=	-0.176	/	( ( 0.005	+	0.005 )	/	2 )
=	-0.176	/	0.005
=	-3,520.00 %

where Working Capital is:

	Working Capital		(Q: Sep. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.751)	-	(0.896	+	0.206	+	0.282)
=	-0.633

	Working Capital		(Q: Dec. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.8)	-	(0.896	+	0.213	+	0.314)
=	-0.623

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2018 )
	=	-0.125	/	0.845
	=	-14.79 %

Reeltime Rentals EBIT Related Terms

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Reeltime Rentals (Reeltime Rentals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reeltime Rentals Inc (OTCPK:RLTR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4203 223rd Place SE, Bothell, WA, USA, 98021

Website

https://www.reeltime.com

Reeltime Rentals Inc develops, produces, and distributes Virtual Reality content and technologies. The company has an end to end production, editing, and distribution capabilities for internal and external projects. It anticipates distributing content made by third parties over its distribution network through licensing, acquisition, and joint ventures. It develops three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, Vimeo, LittlStar, IGTV, HTC Vive, YouTube, Facebook, and others.