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iGo (IGOI) EBIT : $-12.14 Mil (TTM As of Dec. 2013)


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What is iGo EBIT?

iGo's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2013 was $-2.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2013 was $-12.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. iGo's annualized ROC % for the quarter that ended in Dec. 2013 was -681.03%. iGo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was -860.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. iGo's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2013 was -75.23%.


iGo EBIT Historical Data

The historical data trend for iGo'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.

iGo EBIT Chart

iGo 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 -1.44 -2.51 -9.34 -9.21 -12.14

iGo Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -2.12 -2.32 -2.05 -4.85 -2.93

Competitive Comparison of iGo's EBIT

For the Computer Hardware subindustry, iGo'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.


iGo's EV-to-EBIT Distribution in the Hardware Industry

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

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



iGo 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.14 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.


iGo  (OTCPK:IGOI) EBIT Explanation

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

iGo's annualized ROC % for the quarter that ended in Dec. 2013 is calculated as:

ROC % (Q: Dec. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2013 ) + Invested Capital (Q: Dec. 2013 ))/ count )
=-11.724 * ( 1 - 0% )/( (3.009 + 0.434)/ 2 )
=-11.724/1.7215
=-681.03 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2013) data.

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

iGo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2013  Q: Dec. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.724/( ( (0.199 + max(2.394, 0)) + (0.133 + max(-0.028, 0)) )/ 2 )
=-11.724/( ( 2.593 + 0.133 )/ 2 )
=-11.724/1.363
=-860.16 %

where Working Capital is:

Working Capital(Q: Sep. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.144 + 3.355 + 0.355) - (2.42 + 0.04 + 0)
=2.394

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.065 + 1.407 + 0.201) - (2.701 + 0 + 0)
=-0.028

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2013) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2013 )
=-12.143/16.141
=-75.23 %

* 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.


iGo EBIT Related Terms

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iGo (IGOI) Business Description

Traded in Other Exchanges
N/A
Address
590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
iGo Inc is a United States based company operating in the electronics industry. It offers power management solutions and accessories for laptop computers and electronic mobile devices.
Executives
Leonard J Mcgill officer: Gen. Counsel, VP & Asst. Sec. 3125 MYERS STREET, RIVERSIDE CA 92503
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
Peter L Ax director
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jack L Howard director, other: See explanation of responses. 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Brian M Roberts officer: General Counsel and Secretary, other: Vice President 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Robert W Shaner director INTERDIGITAL, INC., 781 THIRD AVENUE, KING OF PRUSSIA PA 19406
Jerre L Stead director 4TH FLOOR, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY

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