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Exceed Co (Exceed Co) EBIT : $15.4 Mil (TTM As of Jun. 2014)


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What is Exceed Co EBIT?

Exceed Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2014 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was $15.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Exceed Co's annualized ROC % for the quarter that ended in Jun. 2014 was 0.00%. Exceed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 was 0.00%.

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


Exceed Co EBIT Historical Data

The historical data trend for Exceed 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.

* Premium members only.

Exceed Co EBIT Chart

Exceed Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
Get a 7-Day Free Trial 41.21 61.87 84.57 37.19 15.55

Exceed Co Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
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 2.42 3.68 4.12 5.20 -

Competitive Comparison of Exceed Co's EBIT

For the Apparel Manufacturing subindustry, Exceed 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.


Exceed Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Exceed Co's EV-to-EBIT distribution charts can be found below:

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



Exceed 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 Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.4 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.


Exceed Co  (OTCPK:EDSFF) EBIT Explanation

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

Exceed Co's annualized ROC % for the quarter that ended in Jun. 2014 is calculated as:

ROC % (Q: Jun. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Jun. 2014 ))/ count )
=0 * ( 1 - 0% )/( (298.561 + 256.187)/ 2 )
=0/277.374
=0.00 %

where

Invested Capital(Q: Jun. 2014 )
=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))
=405.064 - 25.298 - ( 123.579 - max(0, 35.182 - 273.914+123.579))
=256.187

Note: The Operating Income data used here is four times the quarterly (Jun. 2014) data.

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

Exceed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Jun. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (118.149 + max(174.202, 0)) + (95.298 + max(125.037, 0)) )/ 2 )
=0/( ( 292.351 + 220.335 )/ 2 )
=0/256.343
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(188.329 + 3.128 + 3.105) - (18.631 + 1.729 + 0)
=174.202

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(144.156 + 2.555 + 3.624) - (25.298 + 0 + 0)
=125.037

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2014 )
=15.428/0.000
= %

* 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.


Exceed Co EBIT Related Terms

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Exceed Co (Exceed Co) Business Description

Traded in Other Exchanges
N/A
Address
79 Chatham Road South, Level 12, China Minmetals Tower, Tsim Sha Tsui, Kowloon, HKG
Exceed Co Ltd is engaged in the apparel industry. Its activities comprise of design, development, and wholesale of sporting goods, including footwear, apparel, and accessories, under its own brand. Its products include footwear, which comprises running, leisure, basketball, skateboarding, canvas, tennis, and outdoor footwear; apparel, which comprises sports tops, pants, jackets, tracksuits and coats, and accessories, which comprise bags, socks, hats, and caps.

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