AACS (American Commerce Solutions) EBIT: $-0.16 Mil (TTM As of Feb. 2016)


What is American Commerce Solutions EBIT?

American Commerce Solutions AACS -99.00% EBIT is $-0.16 Mil as of Feb. 2016.

American Commerce Solutions's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2016 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was $-0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. American Commerce Solutions's annualized ROC % for the quarter that ended in Feb. 2016 was -11.09%. American Commerce Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2016 was -8.83%.

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

American Commerce Solutions  (OTCPK:AACS) EBIT Explanation

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

American Commerce Solutions's annualized ROC % for the quarter that ended in Feb. 2016 is calculated as:

ROC % (Q: Feb. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2015 ) + Invested Capital (Q: Feb. 2016 ))/ count )
=-0.472 * ( 1 - 0% )/( (4.284 + 4.23)/ 2 )
=-0.472/4.257
=-11.09 %

where

Invested Capital(Q: Nov. 2015 )
=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))
=4.772 - 0.468 - ( 0.02 - max(0, 1.128 - 2.268+0.02))
=4.284

Invested Capital(Q: Feb. 2016 )
=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))
=4.759 - 0.493 - ( 0.036 - max(0, 1.145 - 2.313+0.036))
=4.23

Note: The Operating Income data used here is four times the quarterly (Feb. 2016) data.

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

American Commerce Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2015  Q: Feb. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.212/( ( (2.421 + max(-0.116, 0)) + (2.381 + max(-0.127, 0)) )/ 2 )
=-0.212/( ( 2.421 + 2.381 )/ 2 )
=-0.212/2.401
=-8.83 %

where Working Capital is:

Working Capital(Q: Nov. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.132 + 0.219 + 0.00099999999999989) - (0.468 + 0 + -2.2204460492503E-16)
=-0.116

Working Capital(Q: Feb. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.165 + 0.191 + 0.01) - (0.493 + 0 + 0)
=-0.127

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2016) EBIT data.

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

American Commerce Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2016 )
=-0.163/0.000
= %

* 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.

American Commerce Solutions EBIT Related Terms

American Commerce Solutions EBIT Historical Data

* Premium members only.

The historical data trend for American Commerce Solutions'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.

American Commerce Solutions EBIT Chart

American Commerce Solutions Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.13 -0.05 -0.10 -0.16

American Commerce Solutions Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 -0.08 -0.03 -0.03 -0.05 -0.05

AACS vs TGTMF, EVTN, TNRG: EBIT Comparison

For the Specialty Industrial Machinery subindustry, American Commerce Solutions'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.

American Commerce Solutions EV-to-EBIT vs Industrial Products Industry

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

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


American Commerce Solutions 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 Feb. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.16 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.16 Mil mean?
American Commerce Solutions (AACS) has a EBIT of $-0.16 Mil as of Feb. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on American Commerce Solutions.
Is American Commerce Solutions' EBIT too high?
American Commerce Solutions' current EBIT is $-0.16 Mil.
How does American Commerce Solutions' EBIT compare to TGTMF and EVTN?
American Commerce Solutions' EBIT of $-0.16 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on American Commerce Solutions. American Commerce Solutions's current EBIT is $-0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Commerce Solutions stock overvalued right now?
American Commerce Solutions (AACS) has a current EBIT of $-0.16 Mil. The current EBIT is $-0.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For American Commerce Solutions (AACS), the current EBIT is $-0.16 Mil as of Feb. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Commerce Solutions Business Description

Address 1502 North Taylor Road, Brandon, FL, USA, 33510
American Commerce Solutions Inc is a multi-industry holding company with a wholly owned subsidiary. The company is engaged in the machining and fabrication of parts used in heavy industry, and parts sales and service for heavy construction equipment.