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Canal Capital (Canal Capital) EBIT : $0.29 Mil (TTM As of Jul. 2012)


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What is Canal Capital EBIT?

Canal Capital's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2012 was $0.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2012 was $0.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Canal Capital's annualized ROC % for the quarter that ended in Jul. 2012 was 77.88%. Canal Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2012 was 88.44%.

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


Canal Capital EBIT Historical Data

The historical data trend for Canal Capital'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.

Canal Capital EBIT Chart

Canal Capital Annual Data
Trend Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 0.12 0.42 0.67 -0.66

Canal Capital Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12
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 -0.15 -0.20 -0.15 0.12 0.52

Competitive Comparison of Canal Capital's EBIT

For the Real Estate - Development subindustry, Canal Capital'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.


Canal Capital's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Canal Capital's EV-to-EBIT distribution charts can be found below:

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



Canal Capital 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 Jul. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.29 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.


Canal Capital  (OTCPK:COWP) EBIT Explanation

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

Canal Capital's annualized ROC % for the quarter that ended in Jul. 2012 is calculated as:

ROC % (Q: Jul. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2012 ) + Invested Capital (Q: Jul. 2012 ))/ count )
=2.072 * ( 1 - 0% )/( (2.709 + 2.612)/ 2 )
=2.072/2.6605
=77.88 %

where

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

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

Canal Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2012  Q: Jul. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.096/( ( (2.245 + max(0.138, 0)) + (2.222 + max(0.135, 0)) )/ 2 )
=2.096/( ( 2.383 + 2.357 )/ 2 )
=2.096/2.37
=88.44 %

where Working Capital is:

Working Capital(Q: Apr. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.215 + 0.008 + 0.133) - (0.135 + 0 + 0.083)
=0.138

Working Capital(Q: Jul. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.131 + 0.002 + 0.063) - (0.023 + 0 + 0.038)
=0.135

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2012 )
=0.289/0.000
= %

* 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.


Canal Capital EBIT Related Terms

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Canal Capital (Canal Capital) Business Description

Traded in Other Exchanges
N/A
Address
4 Morris Street, Port Jefferson Station, New York, NY, USA, 11776
Website
Canal Capital Corp is engaged in stockyard operations and real estate business. It develops and restructures real estate lots surrounding its existing operating lease properties, stockyard operating properties & properties held for development or resale.
Executives
Asher B Edelman other: Member of 10% Group C/O PERINI CORP, 73 MT WAYTE AVE, FRAMINGHAM MA 01701

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