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CounterPath (TSX:PATH) EBIT : C$1.45 Mil (TTM As of Oct. 2020)


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What is CounterPath EBIT?

CounterPath's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2020 was C$0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2020 was C$1.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CounterPath's annualized ROC % for the quarter that ended in Oct. 2020 was 4.12%. CounterPath's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2020 was 32.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CounterPath's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2020 was 5.10%.


CounterPath EBIT Historical Data

The historical data trend for CounterPath'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.

CounterPath EBIT Chart

CounterPath Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.45 -3.30 -4.10 -6.56 -1.07

CounterPath Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 -0.95 -0.23 1.39 0.13 0.16

Competitive Comparison of CounterPath's EBIT

For the Software - Application subindustry, CounterPath'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.


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

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

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



CounterPath 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 Oct. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.45 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.


CounterPath  (TSX:PATH) EBIT Explanation

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

CounterPath's annualized ROC % for the quarter that ended in Oct. 2020 is calculated as:

ROC % (Q: Oct. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2020 ) + Invested Capital (Q: Oct. 2020 ))/ count )
=0.808 * ( 1 - 0% )/( (20.047 + 19.174)/ 2 )
=0.808/19.6105
=4.12 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2020) data.

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

CounterPath's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2020  Q: Oct. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.636/( ( (1.956 + max(-5.175, 0)) + (1.929 + max(-5.682, 0)) )/ 2 )
=0.636/( ( 1.956 + 1.929 )/ 2 )
=0.636/1.9425
=32.74 %

where Working Capital is:

Working Capital(Q: Jul. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.655 + 0 + 0.61) - (3.118 + 5.321 + 0.0010000000000012)
=-5.175

Working Capital(Q: Oct. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.936 + 0 + 0.527) - (3.139 + 5.989 + 0.016999999999999)
=-5.682

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2020 )
=1.454/28.527
=5.10 %

* 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.


CounterPath EBIT Related Terms

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CounterPath (TSX:PATH) Business Description

Traded in Other Exchanges
N/A
Address
505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.