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Sears Canada (Sears Canada) EBIT : $-295 Mil (TTM As of Apr. 2017)


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What is Sears Canada EBIT?

Sears Canada's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2017 was $-105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2017 was $-295 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sears Canada's annualized ROC % for the quarter that ended in Apr. 2017 was -75.10%. Sears Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2017 was -106.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Sears Canada EBIT Historical Data

The historical data trend for Sears Canada'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.

Sears Canada EBIT Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.33 457.77 -296.16 -37.30 -234.62

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 -46.58 -69.72 -83.54 -36.34 -105.38

Competitive Comparison of Sears Canada's EBIT

For the Department Stores subindustry, Sears Canada'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.


Sears Canada's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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



Sears Canada 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 Apr. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-295 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.


Sears Canada  (OTCPK:SRSCQ) EBIT Explanation

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

Sears Canada's annualized ROC % for the quarter that ended in Apr. 2017 is calculated as:

ROC % (Q: Apr. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2017 ) + Invested Capital (Q: Apr. 2017 ))/ count )
=-420.628 * ( 1 - 0.55% )/( (581.81 + 532.262)/ 2 )
=-418.314546/557.036
=-75.10 %

where

Invested Capital(Q: Jan. 2017 )
=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))
=943.943 - 259.956 - ( 102.177 - max(0, 413.184 - 762.573+102.177))
=581.81

Invested Capital(Q: Apr. 2017 )
=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))
=883.679 - 251.395 - ( 100.022 - max(0, 392.796 - 701.347+100.022))
=532.262

Note: The Operating Income data used here is four times the quarterly (Apr. 2017) data.

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

Sears Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2017  Q: Apr. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-421.524/( ( (172.267 + max(240.689, 0)) + (173.551 + max(201.98, 0)) )/ 2 )
=-421.524/( ( 412.956 + 375.531 )/ 2 )
=-421.524/394.2435
=-106.92 %

where Working Capital is:

Working Capital(Q: Jan. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.899 + 453.994 + 146.173) - (259.956 + 103.239 + 47.182)
=240.689

Working Capital(Q: Apr. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.769 + 489.916 + 56.114) - (251.395 + 96.822 + 41.602)
=201.98

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2017) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2017 )
=-294.978/0.000
= %

* 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.


Sears Canada EBIT Related Terms

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Sears Canada (Sears Canada) Business Description

Traded in Other Exchanges
N/A
Address
290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.

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