Allegiant Professional Business Services (Allegiant Professional Business Services) EBIT : $-12.92 Mil (TTM As of Dec. 2008)

View and export this data going back to 2007. Start your Free Trial

What is Allegiant Professional Business Services EBIT?

Allegiant Professional Business Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2008 was $-1.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2008 was $-12.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Allegiant Professional Business Services's annualized ROC % for the quarter that ended in Dec. 2008 was -109.03%. Allegiant Professional Business Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2008 was -278,200.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Allegiant Professional Business Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2008 was -143,566.67%.

Allegiant Professional Business Services EBIT Historical Data

The historical data trend for Allegiant Professional Business Services'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.

Allegiant Professional Business Services EBIT Chart

Allegiant Professional Business Services Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

EBIT

-0.01

-0.07

-11.58

Allegiant Professional Business Services Quarterly Data
	Sep05	Dec05	Mar06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
EBIT	Get a 7-Day Free Trial								-0.05	0.09	-0.17	-11.45	-1.39

Competitive Comparison of Allegiant Professional Business Services's EBIT

For the Specialty Business Services subindustry, Allegiant Professional Business Services'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.

Allegiant Professional Business Services's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegiant Professional Business Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Allegiant Professional Business Services's EV-to-EBIT falls into.

Allegiant Professional Business Services 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 $-12.92 Mil.

Allegiant Professional Business Services (OTCPK:APRO) EBIT Explanation

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

Allegiant Professional Business Services'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 )
=	-5.564 * ( 1 - % )	/	( (6.785	+	3.421)	/ 2 )
=	-5.564	/	5.103
=	-109.03 %

where

	Invested Capital		(Q: Sep. 2008 )
=	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	))
=	4.183	-	3.319	-	( 0.018	-	max(0, 7.398	-	1.477	+	0.018	))
=	6.785

	Invested Capital		(Q: Dec. 2008 )
=	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	))
=	3.128	-	4.485	-	( 0.035	-	max(0, 7.902	-	3.124	+	0.035	))
=	3.421

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

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

Allegiant Professional Business Services'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 )
=	-5.564	/	( ( (0 + max(-3.2, 0))	+	(0.004 + max(-3.319, 0)) )	/	2 )
=	-5.564	/	( ( 0	+	0.004 )	/	2 )
=	-5.564	/	0.002
=	-278,200.00 %

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)
=	(0.323	+	0	+	0.906)	-	(3.319	+	0	+	1.11)
=	-3.2

	Working Capital		(Q: Dec. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.165	+	0	+	2.924)	-	(4.485	+	0	+	1.923)
=	-3.319

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:

Allegiant Professional Business Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2008 )
	=	-12.921	/	0.009
	=	-143,566.67 %

Allegiant Professional Business Services EBIT Related Terms

Thank you for viewing the detailed overview of Allegiant Professional Business Services's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allegiant Professional Business Services Inc (OTCPK:APRO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128

Website

http://www.allegiantprofessional.com

Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.

Executives

James M Cassidy

10 percent owner

215 APOLENA AVENUE, NEWPORT BEACH CA 92662

Allegiant Professional Business Services (Allegiant Professional Business Services) Headlines

No Headlines