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Hortonworks (Hortonworks) EBIT : $-160.4 Mil (TTM As of Sep. 2018)


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What is Hortonworks EBIT?

Hortonworks's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2018 was $-31.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2018 was $-160.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hortonworks's annualized ROC % for the quarter that ended in Sep. 2018 was -46.20%. Hortonworks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -979.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hortonworks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -12.97%.


Hortonworks EBIT Historical Data

The historical data trend for Hortonworks'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.

Hortonworks EBIT Chart

Hortonworks Annual Data
Trend Apr12 Apr13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial -36.79 -169.53 -179.59 -251.18 -198.85

Hortonworks Quarterly Data
Apr12 Apr13 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -44.18 -45.81 -40.83 -42.01 -31.73

Competitive Comparison of Hortonworks's EBIT

For the Software - Infrastructure subindustry, Hortonworks'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.


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

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

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



Hortonworks 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-160.4 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.


Hortonworks  (NAS:HDP) EBIT Explanation

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

Hortonworks's annualized ROC % for the quarter that ended in Sep. 2018 is calculated as:

ROC % (Q: Sep. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2018 ) + Invested Capital (Q: Sep. 2018 ))/ count )
=-126.92 * ( 1 - -1.61% )/( (281.504 + 276.755)/ 2 )
=-128.963412/279.1295
=-46.20 %

where

Invested Capital(Q: Sep. 2018 )
=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))
=296.609 - 15.405 - ( 101.299 - max(0, 210.643 - 215.092+101.299))
=276.755

Note: The Operating Income data used here is four times the quarterly (Sep. 2018) data.

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

Hortonworks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2018  Q: Sep. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-126.92/( ( (13.546 + max(-86.627, 0)) + (12.369 + max(-96.85, 0)) )/ 2 )
=-126.92/( ( 13.546 + 12.369 )/ 2 )
=-126.92/12.9575
=-979.51 %

where Working Capital is:

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.787 + 0 + 36.056) - (15.055 + 167.461 + 29.954)
=-86.627

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.374 + 0 + 35.419) - (15.405 + 163.077 + 32.161)
=-96.85

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2018 )
=-160.377/1236.610
=-12.97 %

* 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.


Hortonworks EBIT Related Terms

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Hortonworks (Hortonworks) Business Description

Traded in Other Exchanges
N/A
Address
Hortonworks Inc is a provider of data management software solutions that allows corporations to harness the power of big data. The firm's Data at Rest solution is an enterprise-scale platform built for interactive, real-time workloads to be executed simultaneously on a single data set. The Data in Motion solution provides customers the ability to ingest any type of data from multiple data sources. These solutions can centrally manage new and existing data types, run multiple applications simultaneously, and provide security, data governance, stability and scalability. The company derives revenue from subscriptions to software offerings and professional fees. A large majority of the firm's revenue is generated in the United States.
Executives
Martin Fink director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Scott Reasoner officer: See Remarks C/O QUEST SOFTWARE, INC. 5 POLARIS WAY ALISO VIEJO CA 92656
Peter H Fenton director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Scott E Gnau officer: Chief Technology Officer 17095 VIA DEL CAMPO, SAN DIEGO CA 92127
Scott Davidson officer: See Remarks 5470 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Robert G Bearden director, officer: President & CEO I2 11701 LUNA ROAD DALLAS TX 75234
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Paul J Cormier director C/O RED HAT, INC, 100 EAST DAVIE STREET, RALEIGH NC 27601
Michelangelo Volpi director C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Alexandre Balkanski 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Matt Cohler 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Kevin Harvey 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Bruce Dunlevie 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Steven M Spurlock 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
J William Gurley 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025