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Cardiovascular Systems Inc (NAS:CSII)
EV/EBIT
-9.34 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cardiovascular Systems Inc's enterprise value is $559.0 Mil. Cardiovascular Systems Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $-59.8 Mil. Therefore, Cardiovascular Systems Inc's EV/EBIT ratio for today is -9.34.

During the past 13 years, the highest EV/EBIT Ratio of Cardiovascular Systems Inc was 9.10. The lowest was -35.10. And the median was -13.00.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cardiovascular Systems Inc's enterprise value for the quarter that ended in Mar. 2016 was $274.8 Mil. Cardiovascular Systems Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $-59.8 Mil. Cardiovascular Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was -21.77%.


Definition

Cardiovascular Systems Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=559.014/-59.82
=-9.34

Cardiovascular Systems Inc's current Enterprise Value is $559.0 Mil.
Cardiovascular Systems Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was -8.715 (Jun. 2015 ) + -13.236 (Sep. 2015 ) + -15.143 (Dec. 2015 ) + -22.726 (Mar. 2016 ) = $-59.8 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Cardiovascular Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=-59.82/274.8086
=-21.77 %

Cardiovascular Systems Inc's Enterprise Value for the quarter that ended in Mar. 2016 was $274.8 Mil.
Cardiovascular Systems Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was -8.715 (Jun. 2015 ) + -13.236 (Sep. 2015 ) + -15.143 (Dec. 2015 ) + -22.726 (Mar. 2016 ) = $-59.8 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cardiovascular Systems Inc Annual Data

Dec06Dec07Dec08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
ev2ebit -0.84-2.790.47-4.01-2.42-24.55-12.05-20.34-24.65-23.11

Cardiovascular Systems Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit -30.52-26.85-24.65-17.73-26.03-34.05-23.11-11.50-8.96-4.59
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