CMOT (Curtiss Motorcycles Co) EBIT: $-1.53 Mil (TTM As of Sep. 2015)

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What is Curtiss Motorcycles Co EBIT?

Curtiss Motorcycles Co CMOT EBIT is $-1.53 Mil as of Sep. 2015.

Curtiss Motorcycles Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2015 was $-0.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $-1.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Curtiss Motorcycles Co's annualized ROC % for the quarter that ended in Sep. 2015 was -58.04%. Curtiss Motorcycles Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was -534.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Curtiss Motorcycles Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was -5,446.43%.

Curtiss Motorcycles Co  (OTCPK:CMOT) EBIT Explanation

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

Curtiss Motorcycles Co's annualized ROC % for the quarter that ended in Sep. 2015 is calculated as:

ROC % (Q: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2015 ) + Invested Capital (Q: Sep. 2015 ))/ count )
=-0.612 * ( 1 - 0% )/( (1.011 + 1.098)/ 2 )
=-0.612/1.0545
=-58.04 %

where

Invested Capital(Q: Jun. 2015 )
=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))
=0.923 - 0.782 - ( 0.128 - max(0, 1.723 - 0.853+0.128))
=1.011

Invested Capital(Q: Sep. 2015 )
=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))
=0.758 - 0.766 - ( 0.116 - max(0, 1.706 - 0.6+0.116))
=1.098

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) data.

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

Curtiss Motorcycles Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2015  Q: Sep. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.612/( ( (0.071 + max(-0.949, 0)) + (0.158 + max(-1.173, 0)) )/ 2 )
=-0.612/( ( 0.071 + 0.158 )/ 2 )
=-0.612/0.1145
=-534.50 %

where Working Capital is:

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0.567 + 0.154) - (0.782 + 0.714 + 0.178)
=-0.949

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.006 + 0.347 + 0.131) - (0.766 + 0.713 + 0.178)
=-1.173

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2015) EBIT data.

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

Curtiss Motorcycles Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=-1.525/0.028
=-5,446.43 %

* 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.

Curtiss Motorcycles Co EBIT Related Terms

Curtiss Motorcycles Co EBIT Historical Data

* Premium members only.

The historical data trend for Curtiss Motorcycles Co'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.

Curtiss Motorcycles Co EBIT Chart

Curtiss Motorcycles Co Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
Get a 7-Day Free Trial Premium Member Only -6.24 -0.50 -0.62 -0.71 -0.71

Curtiss Motorcycles Co Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.00 -1.15 -0.09 -0.13 -0.15

CMOT vs FUV, MCFT, MPX: EBIT Comparison

For the Recreational Vehicles subindustry, Curtiss Motorcycles Co'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.

Curtiss Motorcycles Co EV-to-EBIT vs Vehicles & Parts Industry

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

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


Curtiss Motorcycles Co 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.53 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 $-1.53 Mil mean?
Curtiss Motorcycles Co (CMOT) has a EBIT of $-1.53 Mil as of Sep. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Curtiss Motorcycles Co.
Is Curtiss Motorcycles Co's EBIT too high?
Curtiss Motorcycles Co's current EBIT is $-1.53 Mil.
How does Curtiss Motorcycles Co's EBIT compare to FUV and MCFT?
Curtiss Motorcycles Co's EBIT of $-1.53 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 Curtiss Motorcycles Co. Curtiss Motorcycles Co's current EBIT is $-1.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Curtiss Motorcycles Co stock overvalued right now?
Curtiss Motorcycles Co (CMOT) has a current EBIT of $-1.53 Mil. The current EBIT is $-1.53 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 Curtiss Motorcycles Co (CMOT), the current EBIT is $-1.53 Mil as of Sep. 2015. 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.

Curtiss Motorcycles Co Business Description

Address 8118 Parkway Drive, Leeds, AL, USA, 35094
Curtiss Motorcycles Co Inc is an American manufacturer of handcrafted luxury electric motorbikes. The Company is the creator of the motorcycles pre-sold online. Operations of the company are conducted in the United States and generate revenue from sales of motorbikes and other related products and services.