APTY (APT Systems) EBIT: $-1.21 Mil (TTM As of Oct. 2018)


What is APT Systems EBIT?

APT Systems APTY EBIT is $-1.21 Mil as of Oct. 2018.

APT Systems's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2018 was $-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2018 was $-1.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. APT Systems's annualized ROC % for the quarter that ended in Oct. 2018 was -68.87%. APT Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. APT Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2018 was -160.40%.

APT Systems  (OTCPK:APTY) EBIT Explanation

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

APT Systems's annualized ROC % for the quarter that ended in Oct. 2018 is calculated as:

ROC % (Q: Oct. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2018 ) + Invested Capital (Q: Oct. 2018 ))/ count )
=-0.916 * ( 1 - 0% )/( (1.402 + 1.258)/ 2 )
=-0.916/1.33
=-68.87 %

where

Invested Capital(Q: Jul. 2018 )
=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))
=0.191 - 0.424 - ( 0.026 - max(0, 1.686 - 0.051+0.026))
=1.402

Invested Capital(Q: Oct. 2018 )
=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))
=0.217 - 0.498 - ( 0.037 - max(0, 1.626 - 0.087+0.037))
=1.258

Note: The Operating Income data used here is four times the quarterly (Oct. 2018) data.

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

APT Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2018  Q: Oct. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.84/( ( (0 + max(-1.109, 0)) + (0 + max(-1.049, 0)) )/ 2 )
=-0.84/( ( 0 + 0 )/ 2 )
=-0.84/0
= %

where Working Capital is:

Working Capital(Q: Jul. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.025) - (0.424 + 0 + 0.71)
=-1.109

Working Capital(Q: Oct. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.05) - (0.498 + 0 + 0.601)
=-1.049

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2018 )
=-1.211/0.755
=-160.40 %

* 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.

APT Systems EBIT Related Terms

APT Systems EBIT Historical Data

* Premium members only.

The historical data trend for APT Systems'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.

APT Systems EBIT Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
EBIT
Get a 7-Day Free Trial -0.08 -0.13 -0.21 -0.57 -1.31

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 -0.14 -0.08 -0.11 -0.81 -0.21

APTY vs CLIS, AVOI, ISGN: EBIT Comparison

For the Software - Application subindustry, APT Systems'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.

APT Systems EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, APT Systems's EV-to-EBIT distribution charts can be found below:

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


APT Systems 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 Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.21 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 $-1.21 Mil mean?
APT Systems (APTY) has a EBIT of $-1.21 Mil as of Oct. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on APT Systems.
Is APT Systems' EBIT too high?
APT Systems' current EBIT is $-1.21 Mil.
How does APT Systems' EBIT compare to CLIS and AVOI?
APT Systems' EBIT of $-1.21 Mil can be compared against companies in the Software 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 a Software company?
A good EBIT depends on the Software 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 APT Systems. APT Systems's current EBIT is $-1.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APT Systems stock overvalued right now?
APT Systems (APTY) has a current EBIT of $-1.21 Mil. The current EBIT is $-1.21 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 APT Systems (APTY), the current EBIT is $-1.21 Mil as of Oct. 2018. 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.

APT Systems Business Description

Address 505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of financial platforms and financial apps, and imagines new visual solutions for charting the financial markets. It is focused on building a financial ecosystem around the Verifundr escrow system, which is a payment distribution platform that can include smart contracts and a subscription trading service that is backed by a true stablecoin named Spera (SPRA). The company is also developing credentials for verifying and reporting on an accredited investor's status.