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Zoom Technologies (Zoom Technologies) EBIT : $-2.88 Mil (TTM As of Mar. 2014)


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What is Zoom Technologies EBIT?

Zoom Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2014 was $-0.64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was $-2.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zoom Technologies's annualized ROC % for the quarter that ended in Mar. 2014 was -1.01%. Zoom Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was %.

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


Zoom Technologies EBIT Historical Data

The historical data trend for Zoom Technologies'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.

Zoom Technologies EBIT Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.98 18.23 -0.43 -9.45 -3.81

Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -1.07 0.13 -0.38 -1.99 -0.64

Competitive Comparison of Zoom Technologies's EBIT

For the Communication Equipment subindustry, Zoom Technologies'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.


Zoom Technologies's EV-to-EBIT Distribution in the Hardware Industry

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

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



Zoom Technologies 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 Mar. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.88 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.


Zoom Technologies  (OTCPK:ZTNO) EBIT Explanation

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

Zoom Technologies's annualized ROC % for the quarter that ended in Mar. 2014 is calculated as:

ROC % (Q: Mar. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Mar. 2014 ))/ count )
=-1.66 * ( 1 - -0.31% )/( (163.908 + 164.702)/ 2 )
=-1.665146/164.305
=-1.01 %

where

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

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

Zoom Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Mar. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.556/( ( (0 + max(-4.031, 0)) + (0 + max(-19.949, 0)) )/ 2 )
=-2.556/( ( 0 + 0 )/ 2 )
=-2.556/0
= %

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)
=(0.614 + 0 + 147.043) - (4.338 + 0 + 147.35)
=-4.031

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.497 + 0 + 134.231) - (4.293 + 13.109 + 137.275)
=-19.949

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2014 )
=-2.883/0.000
= %

* 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.


Zoom Technologies EBIT Related Terms

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Zoom Technologies (Zoom Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.
Executives
Anthony K Chan director, officer: Chief Financial Officer 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Frank Blase Manning director C/O ZOOM TELEPHONICS INC, 207 SOUTH STREET, BOSTON MA 02110
Peter Robin Kramer director
Joseph Donovan director C/O ZOOM TECHNOLOGIES INC, 207 SOUTH STREET, BOSTON MA 02111
J Ronald Woods director
Bernard Furman director
Terry Manning officer: VP Sales & Marketing
Deena M Randall officer: VP of Operations
Robert A Crist officer: CFO

Zoom Technologies (Zoom Technologies) Headlines