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Fabrica Tecidos Carlos Renaux (BSP:FTRX4) EBIT : R$-37.43 Mil (TTM As of Dec. 2012)


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What is Fabrica Tecidos Carlos Renaux EBIT?

Fabrica Tecidos Carlos Renaux's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2012 was R$-37.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was R$-37.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fabrica Tecidos Carlos Renaux's annualized ROC % for the quarter that ended in Dec. 2012 was -18.84%. Fabrica Tecidos Carlos Renaux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 was -50.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fabrica Tecidos Carlos Renaux's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2012 was -1,428.23%.

Fabrica Tecidos Carlos Renaux EBIT Historical Data

The historical data trend for Fabrica Tecidos Carlos Renaux'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.

Fabrica Tecidos Carlos Renaux EBIT Chart

Fabrica Tecidos Carlos Renaux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
EBIT
77.16 90.83 -11.12 -45.30 -37.43

Fabrica Tecidos Carlos Renaux Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12
EBIT 77.16 90.83 -11.12 -45.30 -37.43

Competitive Comparison of Fabrica Tecidos Carlos Renaux's EBIT

For the Textile Manufacturing subindustry, Fabrica Tecidos Carlos Renaux'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.

Fabrica Tecidos Carlos Renaux's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fabrica Tecidos Carlos Renaux's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fabrica Tecidos Carlos Renaux's EV-to-EBIT falls into.


Fabrica Tecidos Carlos Renaux 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2012 was R$-37.43 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.

Fabrica Tecidos Carlos Renaux  (BSP:FTRX4) EBIT Explanation

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

Fabrica Tecidos Carlos Renaux's annualized ROC % for the quarter that ended in Dec. 2012 is calculated as:

ROC % (Q: Dec. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2011 ) + Invested Capital (Q: Dec. 2012 ))/ count )
=-37.434 * ( 1 - 0% )/( (191.517 + 205.769)/ 2 )
=-37.434/198.643
=-18.84 %

where

Invested Capital(Q: Dec. 2011 )
=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))
=146.227 - 33.396 - ( 0.018 - max(0, 89.471 - 10.785+0.018))
=191.517

Invested Capital(Q: Dec. 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))
=136.821 - 53.051 - ( 0.111 - max(0, 128.288 - 6.289+0.111))
=205.769

Note: The Operating Income data used here is one times the annual (Dec. 2012) data.

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

Fabrica Tecidos Carlos Renaux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2011  Q: Dec. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-37.434/( ( (76.415 + max(-62.483, 0)) + (72.662 + max(-98.33, 0)) )/ 2 )
=-37.434/( ( 76.415 + 72.662 )/ 2 )
=-37.434/74.5385
=-50.22 %

where Working Capital is:

Working Capital(Q: Dec. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.588 + 5.199 + 0.98) - (33.396 + 0 + 39.854)
=-62.483

Working Capital(Q: Dec. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.612 + 3.231 + 1.335) - (53.051 + 0 + 51.457)
=-98.33

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2012) EBIT data.

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

Fabrica Tecidos Carlos Renaux's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2012 )
=-37.434/2.621
=-1,428.23 %

* 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.

Fabrica Tecidos Carlos Renaux EBIT Related Terms

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