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Apex Global Brands (Apex Global Brands) EBIT : $-14.41 Mil (TTM As of Oct. 2020)


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What is Apex Global Brands EBIT?

Apex Global Brands's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2020 was $-3.86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2020 was $-14.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apex Global Brands's annualized ROC % for the quarter that ended in Oct. 2020 was 3.99%. Apex Global Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2020 was -6,081.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apex Global Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2020 was -1,313.67%.


Apex Global Brands EBIT Historical Data

The historical data trend for Apex Global Brands'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.

Apex Global Brands EBIT Chart

Apex Global Brands Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.50 -3.80 -46.33 -1.42 -5.02

Apex Global Brands Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 -3.95 -3.37 -9.05 1.87 -3.86

Competitive Comparison of Apex Global Brands's EBIT

For the Apparel Retail subindustry, Apex Global Brands'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.


Apex Global Brands's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Apex Global Brands's EV-to-EBIT distribution charts can be found below:

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



Apex Global Brands 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 Oct. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.41 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.


Apex Global Brands  (OTCPK:APEX) EBIT Explanation

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

Apex Global Brands's annualized ROC % for the quarter that ended in Oct. 2020 is calculated as:

ROC % (Q: Oct. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2020 ) + Invested Capital (Q: Oct. 2020 ))/ count )
=5.704 * ( 1 - 11.66% )/( (128.148 + 124.232)/ 2 )
=5.0389136/126.19
=3.99 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2020) data.

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

Apex Global Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2020  Q: Oct. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.448/( ( (0.268 + max(-2.085, 0)) + (0.24 + max(-2.15, 0)) )/ 2 )
=-15.448/( ( 0.268 + 0.24 )/ 2 )
=-15.448/0.254
=-6,081.89 %

where Working Capital is:

Working Capital(Q: Jul. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.213 + 0 + 1.159) - (3.16 + 1.942 + 2.355)
=-2.085

Working Capital(Q: Oct. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.927 + 0 + 1.331) - (4.261 + 1.263 + 1.884)
=-2.15

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2020) EBIT data.

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

Apex Global Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2020 )
=-14.411/1.097
=-1,313.67 %

* 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.


Apex Global Brands EBIT Related Terms

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Apex Global Brands (Apex Global Brands) Business Description

Traded in Other Exchanges
N/A
Address
5990 Sepulveda Boulevard, Sherman Oaks, CA, USA, 91411
Apex Global Brands Inc is a brand marketing platform that manages a growing portfolio of fashion and lifestyle brands across multiple consumer product categories and sectors. The company currently maintains license and franchise agreements with retailers and manufacturers. The brand portfolio spans multiple consumer product categories and retail tiers including Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Liz Lange, Point Cove, Carole Little, Everyday California and Sideout.
Executives
Jess M Ravich director, 10 percent owner 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Dwight Mamanteo director C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Patricia Kay Johnson director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD, SUITE 600 SHERMAN OAKS CA 91411
Evan Hengel director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD SHERMAN OAKS CA 91411
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Keith M Hull director
Robert Longnecker director 888 7TH AVENUE 17TH FLOOR NEW YORK NY 10019
Carol Baiocchi director 2184 CAMINO BRAZOS PLEASANTON CA 94566
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Steven L Brink officer: CFO 6525 FREMONT CIRCLE HUNTINGTON BEACH CA 92648
Howard B Siegel officer: President and COO
Henry Stupp director, officer: CEO 6835 VALJEAN AVENUE VAN NUYS CA 91406
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Headlands Strategic Opportunities Fund, Lp (the Partnership) 10 percent owner ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111