GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cuisine Solutions Inc (OTCPK:CUSI) » Definitions » EBIT

Cuisine Solutions (Cuisine Solutions) EBIT : $0.23 Mil (TTM As of Mar. 2009)


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

What is Cuisine Solutions EBIT?

Cuisine Solutions's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2009 was $-0.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2009 was $0.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cuisine Solutions's annualized ROC % for the quarter that ended in Mar. 2009 was -8.12%. Cuisine Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2009 was -13.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cuisine Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2009 was 0.11%.


Cuisine Solutions EBIT Historical Data

The historical data trend for Cuisine Solutions'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.

Cuisine Solutions EBIT Chart

Cuisine Solutions Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 2.00 3.72 3.57 0.20

Cuisine Solutions Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 -0.77 0.44 0.31 0.32 -0.84

Competitive Comparison of Cuisine Solutions's EBIT

For the Packaged Foods subindustry, Cuisine Solutions'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.


Cuisine Solutions's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cuisine Solutions's EV-to-EBIT distribution charts can be found below:

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



Cuisine Solutions 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 Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.23 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.


Cuisine Solutions  (OTCPK:CUSI) EBIT Explanation

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

Cuisine Solutions's annualized ROC % for the quarter that ended in Mar. 2009 is calculated as:

ROC % (Q: Mar. 2009 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2008 ) + Invested Capital (Q: Mar. 2009 ))/ count )
=-3.276 * ( 1 - 25.14% )/( (30.661 + 29.774)/ 2 )
=-2.4524136/30.2175
=-8.12 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2009) data.

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

Cuisine Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2009 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2009 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2008  Q: Mar. 2009
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.348/( ( (12.807 + max(12.152, 0)) + (13.073 + max(10.752, 0)) )/ 2 )
=-3.348/( ( 24.959 + 23.825 )/ 2 )
=-3.348/24.392
=-13.73 %

where Working Capital is:

Working Capital(Q: Dec. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.054 + 10.298 + 1.681) - (7.881 + 0 + 0)
=12.152

Working Capital(Q: Mar. 2009 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.305 + 9.855 + 0.929) - (8.337 + 0 + 0)
=10.752

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2009) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2009 )
=0.228/208.742
=0.11 %

* 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.


Cuisine Solutions EBIT Related Terms

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


Cuisine Solutions (Cuisine Solutions) Business Description

Traded in Other Exchanges
N/A
Address
22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
Cuisine Solutions Inc is a United States-based company engaged in the business of production and marketing of fully-cooked, frozen and prepared foods to different channels and geographic regions. The company's food product portfolio includes poultry, sauces, seafood, lamb, pork, veal, beef and other items.
Executives
Yuyun Tristan Kuo officer: CFO, Treasurer, and Secretary 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312