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Virtutone Networks (Virtutone Networks) EBIT : $1.33 Mil (TTM As of Oct. 2014)


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What is Virtutone Networks EBIT?

Virtutone Networks's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2014 was $0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2014 was $1.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Virtutone Networks's annualized ROC % for the quarter that ended in Oct. 2014 was -6.67%. Virtutone Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2014 was 31.08%.

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


Virtutone Networks EBIT Historical Data

The historical data trend for Virtutone Networks'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.

Virtutone Networks EBIT Chart

Virtutone Networks Annual Data
Trend Mar06 Mar07 Mar08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14
EBIT
Get a 7-Day Free Trial Premium Member Only -0.21 -0.16 0.26 -0.58 0.24

Virtutone Networks Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14
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 0.37 -0.07 0.13 0.81 0.46

Competitive Comparison of Virtutone Networks's EBIT

For the Telecom Services subindustry, Virtutone Networks'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.


Virtutone Networks's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Virtutone Networks's EV-to-EBIT distribution charts can be found below:

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



Virtutone Networks 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.33 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.


Virtutone Networks  (OTCPK:VRTWF) EBIT Explanation

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

Virtutone Networks's annualized ROC % for the quarter that ended in Oct. 2014 is calculated as:

ROC % (Q: Oct. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2014 ) + Invested Capital (Q: Oct. 2014 ))/ count )
=-0.412 * ( 1 - 0% )/( (7.683 + 4.674)/ 2 )
=-0.412/6.1785
=-6.67 %

where

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

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

Virtutone Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2014  Q: Oct. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.852/( ( (0.966 + max(6.472, 0)) + (0.932 + max(3.548, 0)) )/ 2 )
=1.852/( ( 7.438 + 4.48 )/ 2 )
=1.852/5.959
=31.08 %

where Working Capital is:

Working Capital(Q: Jul. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.07 + 0 + 0.445) - (12.042 + 0 + 0.0010000000000012)
=6.472

Working Capital(Q: Oct. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.048 + 0 + 0.116) - (22.615 + 0 + 0.0010000000000012)
=3.548

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2014 )
=1.332/0.000
= %

* 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.


Virtutone Networks EBIT Related Terms

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Virtutone Networks (Virtutone Networks) Business Description

Traded in Other Exchanges
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Address
Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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