Calcitech (Calcitech) EBIT : $-0.56 Mil (TTM As of Dec. 2012)

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

What is Calcitech EBIT?

Calcitech's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2012 was $-0.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was $-0.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Calcitech's annualized ROC % for the quarter that ended in Dec. 2012 was -7.47%. Calcitech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 was -58.74%.

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

Calcitech EBIT Historical Data

The historical data trend for Calcitech'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.

Calcitech EBIT Chart

Calcitech Annual Data

Trend

Feb03

Feb04

Feb05

Feb06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

EBIT

Get a 7-Day Free Trial

-1.23

-0.97

-0.70

-1.08

-0.56

Calcitech Semi-Annual Data
	Feb03	Feb04	Feb05	Feb06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
EBIT	Get a 7-Day Free Trial					-1.23	-0.97	-0.70	-1.08	-0.56

Competitive Comparison of Calcitech's EBIT

For the Specialty Chemicals subindustry, Calcitech'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.

Calcitech's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Calcitech's EV-to-EBIT distribution charts can be found below:

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

Calcitech 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 $-0.56 Mil.

Calcitech (OTCPK:CLKTF) EBIT Explanation

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

Calcitech'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 )
=	-0.741 * ( 1 - 0% )	/	( (9.636	+	10.213)	/ 2 )
=	-0.741	/	9.9245
=	-7.47 %

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	))
=	9.733	-	0.902	-	( 0.053	-	max(0, 0.902	-	0.097	+	0.053	))
=	9.636

	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	))
=	10.322	-	1.136	-	( 0.037	-	max(0, 1.136	-	0.109	+	0.037	))
=	10.213

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

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

Calcitech'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 )
=	-0.563	/	( ( (0.97 + max(-0.875, 0))	+	(0.947 + max(-1.079, 0)) )	/	2 )
=	-0.563	/	( ( 0.97	+	0.947 )	/	2 )
=	-0.563	/	0.9585
=	-58.74 %

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)
=	(0.005	+	0	+	0.022)	-	(0.902	+	0	+	0)
=	-0.875

	Working Capital		(Q: Dec. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.002	+	0	+	0.055)	-	(1.136	+	0	+	0)
=	-1.079

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2012 )
	=	-0.563	/	0.000
	=	%

Calcitech EBIT Related Terms

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

Calcitech (Calcitech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Calcitech Ltd (OTCPK:CLKTF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

352-356 Battersea Park Road, Penhurst House, London, GBR, SW11 3 BY

Website

http://www.calcitech.com

Calcitech Ltd develops and commercializes synthetic calcium carbonate (SCC) in Europe. It produces SCC from waste lime and air polluting carbon dioxide. SCC is a white pigment that is used in various industrial applications, including paper, polymers, paints, foods, and pharmaceuticals. The Company offers three SCC products namely CalciLSTM, CalciSGTM and CalciRGTM.

Calcitech (Calcitech) Headlines

No Headlines