Qualstar (Qualstar) EBIT : $0.16 Mil (TTM As of Sep. 2023)

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What is Qualstar EBIT?

Qualstar's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qualstar's annualized ROC % for the quarter that ended in Sep. 2023 was 16.36%. Qualstar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 20.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Qualstar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 2.01%.

Qualstar EBIT Historical Data

The historical data trend for Qualstar'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.

Qualstar EBIT Chart

Qualstar Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

EBIT

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-1.53

-1.21

0.66

1.49

-0.07

Qualstar Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep22	Sep23
EBIT	Get a 7-Day Free Trial															0.04	-0.22	-0.16	0.15	0.16

Competitive Comparison of Qualstar's EBIT

For the Electrical Equipment & Parts subindustry, Qualstar'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.

Qualstar's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qualstar's EV-to-EBIT distribution charts can be found below:

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

Qualstar 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.16 Mil.

Qualstar (OTCPK:QBAK) EBIT Explanation

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

Qualstar's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	0.632 * ( 1 - 0% )	/	( (0	+	3.862)	/ 1 )
=	0.632	/	3.862
=	16.36 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	7.446	-	1.041	-	( 2.543	-	max(0, 1.767	-	7.097	+	2.543	))
=	3.862

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Qualstar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.632	/	( ( (0 + max(0, 0))	+	(0.181 + max(2.925, 0)) )	/	1 )
=	0.632	/	( ( 0	+	3.106 )	/	1 )
=	0.632	/	3.106
=	20.35 %

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.913	+	2.481	+	0.16)	-	(1.041	+	0.588	+	0)
=	2.925

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	0.158	/	7.870
	=	2.01 %

Qualstar EBIT Related Terms

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Qualstar (Qualstar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qualstar Corp (OTCPK:QBAK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Jenner, Suite 200, Irvine, CA, USA, 92618

Website

https://www.qualstar.com

Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

Executives

Joy C. Hou	director	C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Steven N Bronson	director, 10 percent owner, officer: Chief Executive Officer
William J Gervais	10 percent owner	1925 ANGUS AVENUE, UNIT B, SIMI VALLEY CA 93063
Leonard Hagan	director	650 THOMAS AVENUE, BALDWIN NY 11510
Bkf Capital Group Inc	10 percent owner	1 JENNER, SUITE 200, IRVINE CA 92618
Bkf Asset Holdings, Inc.	10 percent owner	3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
David John Wolenski	director	5328 W. BURGUNDY PL., LITTLETON CO 80123
Nicholas Yarymovych	director	1716 ADDISON ROAD, PALOS VERDES ESTATES CA 90274
Louann Negrete	officer: Chief Financial Officer	31248 OAK CREST DR. SUITE 120, WESTLAKE VILLAGE CA 91361
Miller Lloyd I Iii	10 percent owner
Sean Michael Leder	director	31248 OAK CREST DRIVE, SUITE 120, WEST LAKE VILLAGE CA 91361
Jan Daniel Ko Chieh	officer: Executive Vice President	4401 MAR ESCARPA, SAN CLEMENTE CA 92673
William J Lurie	officer: VP Engineering	3990-B HERITAGE OAK CT., SIMI VALLEY CA 93063
Dale Edward Wallis	director	2221 SW 118TH STREET, OKLAHOMA CITY OK 73170
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081