DRNG (Drone Guarder) EBIT: $-2.00 Mil (TTM As of Oct. 2018)


What is Drone Guarder EBIT?

Drone Guarder DRNG EBIT is $-2.00 Mil as of Oct. 2018.

Drone Guarder's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2018 was $-0.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2018 was $-2.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Drone Guarder's annualized ROC % for the quarter that ended in Oct. 2018 was -33.20%. Drone Guarder's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Drone Guarder's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2018 was -509.95%.

Drone Guarder  (OTCPK:DRNG) EBIT Explanation

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

Drone Guarder's annualized ROC % for the quarter that ended in Oct. 2018 is calculated as:

ROC % (Q: Oct. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2018 ) + Invested Capital (Q: Oct. 2018 ))/ count )
=-0.588 * ( 1 - 0% )/( (1.419 + 2.123)/ 2 )
=-0.588/1.771
=-33.20 %

where

Invested Capital(Q: Jul. 2018 )
=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))
=0.391 - 0.121 - ( 0.112 - max(0, 1.45 - 0.301+0.112))
=1.419

Invested Capital(Q: Oct. 2018 )
=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))
=0.516 - 0.147 - ( 0.032 - max(0, 2.174 - 0.42+0.032))
=2.123

Note: The Operating Income data used here is four times the quarterly (Oct. 2018) data.

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

Drone Guarder's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2018  Q: Oct. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.432/( ( (0 + max(-0.627, 0)) + (0 + max(-0.892, 0)) )/ 2 )
=-2.432/( ( 0 + 0 )/ 2 )
=-2.432/0
= %

where Working Capital is:

Working Capital(Q: Jul. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.189) - (0.121 + 0 + 0.695)
=-0.627

Working Capital(Q: Oct. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.388) - (0.147 + 0 + 1.133)
=-0.892

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2018 )
=-1.999/0.392
=-509.95 %

* 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.

Drone Guarder EBIT Related Terms

Drone Guarder EBIT Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder EBIT Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
EBIT
Get a 7-Day Free Trial -0.02 -0.04 -0.09 -0.04 -0.63

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 0.02 -0.56 -0.46 -0.37 -0.61

DRNG vs BLPG, VII, HCGS: EBIT Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.

Drone Guarder EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's EV-to-EBIT distribution charts can be found below:

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


Drone Guarder 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 Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.00 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 $-2.00 Mil mean?
Drone Guarder (DRNG) has a EBIT of $-2.00 Mil as of Oct. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Drone Guarder.
Is Drone Guarder's EBIT too high?
Drone Guarder's current EBIT is $-2.00 Mil.
How does Drone Guarder's EBIT compare to BLPG and VII?
Drone Guarder's EBIT of $-2.00 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Drone Guarder. Drone Guarder's current EBIT is $-2.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current EBIT of $-2.00 Mil. The current EBIT is $-2.00 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 Drone Guarder (DRNG), the current EBIT is $-2.00 Mil as of Oct. 2018. 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.