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Cypress Semiconductor (Cypress Semiconductor) EBIT : $137 Mil (TTM As of Dec. 2019)


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What is Cypress Semiconductor EBIT?

Cypress Semiconductor's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2019 was $39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was $137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cypress Semiconductor's annualized ROC % for the quarter that ended in Dec. 2019 was 3.49%. Cypress Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was 35.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cypress Semiconductor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was 1.54%.


Cypress Semiconductor EBIT Historical Data

The historical data trend for Cypress Semiconductor'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.

Cypress Semiconductor EBIT Chart

Cypress Semiconductor Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -327.10 -608.43 82.36 161.91 137.43

Cypress Semiconductor Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -3.98 36.15 13.79 48.19 39.29

Competitive Comparison of Cypress Semiconductor's EBIT

For the Semiconductors subindustry, Cypress Semiconductor'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.


Cypress Semiconductor's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



Cypress Semiconductor 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 Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $137 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.


Cypress Semiconductor  (NAS:CY) EBIT Explanation

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

Cypress Semiconductor's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=130.944 * ( 1 - 20.73% )/( (3038.994 + 2908.505)/ 2 )
=103.7993088/2973.7495
=3.49 %

where

Invested Capital(Q: Sep. 2019 )
=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))
=3659.991 - 277.97 - ( 343.027 - max(0, 670.513 - 1146.071+343.027))
=3038.994

Invested Capital(Q: Dec. 2019 )
=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))
=3556.114 - 232.147 - ( 415.462 - max(0, 614.954 - 1102.469+415.462))
=2908.505

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

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

Cypress Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=157.176/( ( (307.167 + max(198.292, 0)) + (301.689 + max(79.581, 0)) )/ 2 )
=157.176/( ( 505.459 + 381.27 )/ 2 )
=157.176/443.3645
=35.45 %

where Working Capital is:

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(389.896 + 327.392 + 75.282) - (277.97 + 44.701 + 271.607)
=198.292

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(301.755 + 297.904 + 67.569) - (232.147 + 50.24 + 305.26)
=79.581

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=137.431/8934.270
=1.54 %

* 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.


Cypress Semiconductor EBIT Related Terms

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Cypress Semiconductor (Cypress Semiconductor) Business Description

Traded in Other Exchanges
N/A
Address
198 Champion Court, San Jose, CA, USA, 95134
Cypress Semiconductor is a provider of advanced embedded systems used in a variety of markets, including industrial, consumer, data communications, and automotive.
Executives
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael S Wishart director SPANSION INC., 915 DEGUIGNE DRIVE, SUNNYVALE CA 94085-3836
W Steve Albrecht director 3901 NO FIRST ST, SAN JOSE CA 95134
Jeannine P Sargent director C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Pamela L. Tondreau officer: EVP, Chief Legal Officer & HR 198 CHAMPION COURT, SAN JOSE CA 95134
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
J Daniel Mccranie director C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT CA 94538
Eric Benhamou director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
H Raymond Bingham director, officer: Executive Chairman 2655 SEELY AVE, SAN JOSE CA 95134
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
John H Kispert director
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
J Donald Sherman director C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Badrinarayanan Kothandaraman officer: Executive Vice President ENPHASE ENERGY INC., 1420 NORTH MCDOWELL BLVD, PETALUMA CA 94954