ATAR (Avatar Ventures) EBIT: $-0.35 Mil (TTM As of Apr. 2012)


What is Avatar Ventures EBIT?

Avatar Ventures ATAR -99.00% EBIT is $-0.35 Mil as of Apr. 2012.

Avatar Ventures's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2012 was $-0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2012 was $-0.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avatar Ventures's annualized ROC % for the quarter that ended in Apr. 2012 was -6.67%. Avatar Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2012 was %.

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

Avatar Ventures  (OTCPK:ATAR) EBIT Explanation

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

Avatar Ventures's annualized ROC % for the quarter that ended in Apr. 2012 is calculated as:

ROC % (Q: Apr. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2012 ) + Invested Capital (Q: Apr. 2012 ))/ count )
=-0.012 * ( 1 - 0% )/( (0.18 + 0.18)/ 2 )
=-0.012/0.18
=-6.67 %

where

Invested Capital(Q: Jan. 2012 )
=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))
=0.242 - 0.06 - ( 0.002 - max(0, 0.06 - 0.134+0.002))
=0.18

Invested Capital(Q: Apr. 2012 )
=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))
=0.241 - 0.061 - ( 0 - max(0, 0.061 - 0.07+0))
=0.18

Note: The Operating Income data used here is four times the quarterly (Apr. 2012) data.

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

Avatar Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2012  Q: Apr. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.012/( ( (0 + max(-0.06, 0)) + (0 + max(-0.061, 0)) )/ 2 )
=-0.012/( ( 0 + 0 )/ 2 )
=-0.012/0
= %

where Working Capital is:

Working Capital(Q: Jan. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.06 + 0 + 0)
=-0.06

Working Capital(Q: Apr. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.061 + 0 + 0)
=-0.061

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2012) EBIT data.

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

Avatar Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2012 )
=-0.345/0.000
= %

* 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.

Avatar Ventures EBIT Related Terms

Avatar Ventures EBIT Historical Data

* Premium members only.

The historical data trend for Avatar Ventures'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.

Avatar Ventures EBIT Chart

Avatar Ventures Annual Data
Trend Jul08 Jul09 Jul10 Jul11
EBIT
-0.04 -0.01 -0.01 -0.22

Avatar Ventures Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12
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 -0.00 -0.22 -0.08 -0.05 -0.00

ATAR vs PFTI, OMTK, FNHI: EBIT Comparison

For the Auto Parts subindustry, Avatar Ventures'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.

Avatar Ventures EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Avatar Ventures's EV-to-EBIT distribution charts can be found below:

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


Avatar Ventures 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.35 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 $-0.35 Mil mean?
Avatar Ventures (ATAR) has a EBIT of $-0.35 Mil as of Apr. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avatar Ventures.
Is Avatar Ventures' EBIT too high?
Avatar Ventures' current EBIT is $-0.35 Mil.
How does Avatar Ventures' EBIT compare to PFTI and OMTK?
Avatar Ventures' EBIT of $-0.35 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Avatar Ventures. Avatar Ventures's current EBIT is $-0.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avatar Ventures stock overvalued right now?
Avatar Ventures (ATAR) has a current EBIT of $-0.35 Mil. The current EBIT is $-0.35 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 Avatar Ventures (ATAR), the current EBIT is $-0.35 Mil as of Apr. 2012. 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.

Avatar Ventures Business Description

Address 27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691
Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.