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CI US & Canada Lifecoome ETF (TSX:FLI) EBIT : C$ Mil (TTM As of Jun. 2014)


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What is CI US & Canada Lifecoome ETF EBIT?

CI US & Canada Lifecoome ETF's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2014 was C$0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CI US & Canada Lifecoome ETF's annualized ROC % for the quarter that ended in Jun. 2014 was 0.00%. CI US & Canada Lifecoome ETF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

CI US & Canada Lifecoome ETF EBIT Historical Data

The historical data trend for CI US & Canada Lifecoome ETF'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.

CI US & Canada Lifecoome ETF EBIT Chart

CI US & Canada Lifecoome ETF Annual Data
Trend
EBIT

CI US & Canada Lifecoome ETF Quarterly Data
Dec13 Jun14
EBIT - -

Competitive Comparison of CI US & Canada Lifecoome ETF's EBIT

For the Asset Management subindustry, CI US & Canada Lifecoome ETF'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.

CI US & Canada Lifecoome ETF's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI US & Canada Lifecoome ETF's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CI US & Canada Lifecoome ETF's EV-to-EBIT falls into.


CI US & Canada Lifecoome ETF 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 Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was C$ 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.

CI US & Canada Lifecoome ETF  (TSX:FLI) EBIT Explanation

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

CI US & Canada Lifecoome ETF's annualized ROC % for the quarter that ended in Jun. 2014 is calculated as:

ROC % (Q: Jun. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Jun. 2014 ))/ count )
=0 * ( 1 - % )/( (149.657 + 0.25200000000001)/ 2 )
=0/74.9545
=0.00 %

where

Invested Capital(Q: Dec. 2013 )
=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))
=150.927 - 3.897 - ( 0.893 - max(0, 3.897 - 1.27+0.893))
=149.657

Invested Capital(Q: Jun. 2014 )
=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))
=145.009 - 1.778 - ( 144.829 - max(0, 2.03 - 145.009+144.829))
=0.25200000000001

Note: The Operating Income data used here is four times the quarterly (Jun. 2014) data.

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

CI US & Canada Lifecoome ETF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Jun. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(-3.897, 0)) + (0 + max(-2.021, 0)) )/ 2 )
=0/( ( 0 + 0 )/ 2 )
=0/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (3.897 + 0 + 0)
=-3.897

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.0089999999999861) - (1.778 + 0 + 0.252)
=-2.021

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2014) EBIT data.

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

CI US & Canada Lifecoome ETF's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2014 )
=/0.000
= %

* 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.

CI US & Canada Lifecoome ETF EBIT Related Terms

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