AAIIQ (Alabama Aircraft Industries) EBIT: $-0.96 Mil (TTM As of Dec. 2008)

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What is Alabama Aircraft Industries EBIT?

Alabama Aircraft Industries AAIIQ EBIT is $-0.96 Mil as of Dec. 2008.

Alabama Aircraft Industries's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2008 was $0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alabama Aircraft Industries's annualized ROC % for the quarter that ended in Dec. 2008 was 1.51%. Alabama Aircraft Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2008 was 2.12%.

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


Alabama Aircraft Industries  (OTCPK:AAIIQ) EBIT Explanation

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

Alabama Aircraft Industries's annualized ROC % for the quarter that ended in Dec. 2008 is calculated as:

ROC % (Q: Dec. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2008 ) + Invested Capital (Q: Dec. 2008 ))/ count )
=0.332 * ( 1 - 0% )/( (22.201 + 21.673)/ 2 )
=0.332/21.937
=1.51 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2008) data.

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

Alabama Aircraft Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2008  Q: Dec. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.332/( ( (11.588 + max(5.016, 0)) + (11.216 + max(3.48, 0)) )/ 2 )
=0.332/( ( 16.604 + 14.696 )/ 2 )
=0.332/15.65
=2.12 %

where Working Capital is:

Working Capital(Q: Sep. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.881 + 4.339 + 4.611) - (6.229 + 0 + 3.586)
=5.016

Working Capital(Q: Dec. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.691 + 5.092 + 3.518) - (6.794 + 0 + 5.027)
=3.48

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2008) EBIT data.

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

Alabama Aircraft Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2008 )
=-0.957/0.000
= %

* 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.


Alabama Aircraft Industries EBIT Related Terms


Alabama Aircraft Industries EBIT Historical Data

* Premium members only.

The historical data trend for Alabama Aircraft Industries'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.

Alabama Aircraft Industries EBIT Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -8.62 -2.05 -6.40 -0.47

Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -1.92 1.21 -0.94 -1.31 0.08

AAIIQ vs NEIK, MDEX, MKRS: EBIT Comparison

For the Aerospace & Defense subindustry, Alabama Aircraft Industries'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.


Alabama Aircraft Industries EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Alabama Aircraft Industries's EV-to-EBIT distribution charts can be found below:

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



Alabama Aircraft Industries 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.96 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 $-0.96 Mil mean?
Alabama Aircraft Industries (AAIIQ) has a EBIT of $-0.96 Mil as of Dec. 2008. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alabama Aircraft Industries.
Is Alabama Aircraft Industries' EBIT too high?
Alabama Aircraft Industries' current EBIT is $-0.96 Mil.
How does Alabama Aircraft Industries' EBIT compare to NEIK and MDEX?
Alabama Aircraft Industries' EBIT of $-0.96 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 Alabama Aircraft Industries. Alabama Aircraft Industries's current EBIT is $-0.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alabama Aircraft Industries stock overvalued right now?
Alabama Aircraft Industries (AAIIQ) has a current EBIT of $-0.96 Mil. The current EBIT is $-0.96 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 Alabama Aircraft Industries (AAIIQ), the current EBIT is $-0.96 Mil as of Dec. 2008. 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.

Alabama Aircraft Industries Business Description

Address 1943 North 50th Street, Birmingham, AL, USA, 35212
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.