ERMG (E Record Management) EBIT: $-0.39 Mil (TTM As of Sep. 2004)


What is E Record Management EBIT?

E Record Management ERMG -99.50% EBIT is $-0.39 Mil as of Sep. 2004.

E Record Management's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2004 was $-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2004 was $-0.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. E Record Management's annualized ROC % for the quarter that ended in Sep. 2004 was -39.68%. E Record Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2004 was -84.30%.

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

E Record Management  (OTCPK:ERMG) EBIT Explanation

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

E Record Management's annualized ROC % for the quarter that ended in Sep. 2004 is calculated as:

ROC % (Q: Sep. 2004 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2004 ) + Invested Capital (Q: Sep. 2004 ))/ count )
=-0.416 * ( 1 - 0% )/( (1.046 + 1.051)/ 2 )
=-0.416/1.0485
=-39.68 %

where

Invested Capital(Q: Jun. 2004 )
=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))
=0.692 - 0.302 - ( 0.027 - max(0, 0.843 - 0.187+0.027))
=1.046

Invested Capital(Q: Sep. 2004 )
=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))
=0.644 - 0.309 - ( 0 - max(0, 0.877 - 0.161+0))
=1.051

Note: The Operating Income data used here is four times the quarterly (Sep. 2004) data.

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

E Record Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2004 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2004 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2004  Q: Sep. 2004
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.416/( ( (0.504 + max(-0.143, 0)) + (0.483 + max(-0.148, 0)) )/ 2 )
=-0.416/( ( 0.504 + 0.483 )/ 2 )
=-0.416/0.4935
=-84.30 %

where Working Capital is:

Working Capital(Q: Jun. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.108 + 0.039 + 0.013) - (0.302 + 0 + 0.00099999999999989)
=-0.143

Working Capital(Q: Sep. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.105 + 0.046 + 0.01) - (0.309 + 0 + 0)
=-0.148

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2004) EBIT data.

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

E Record Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2004 )
=-0.387/0.000
= %

* 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.

E Record Management EBIT Related Terms

E Record Management EBIT Historical Data

* Premium members only.

The historical data trend for E Record Management'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.

E Record Management EBIT Chart

E Record Management Annual Data
Trend Dec03
EBIT
-0.99

E Record Management Quarterly Data
Dec03 Mar04 Jun04 Sep04
EBIT 0.00 -0.07 -0.22 -0.10

ERMG vs MEEC, ISNS, UCLE: EBIT Comparison

For the Scientific & Technical Instruments subindustry, E Record Management'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.

E Record Management EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, E Record Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where E Record Management's EV-to-EBIT falls into.


E Record Management 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. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 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 $-0.39 Mil mean?
E Record Management (ERMG) has a EBIT of $-0.39 Mil as of Sep. 2004. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on E Record Management.
Is E Record Management's EBIT too high?
E Record Management's current EBIT is $-0.39 Mil.
How does E Record Management's EBIT compare to MEEC and ISNS?
E Record Management's EBIT of $-0.39 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 E Record Management. E Record Management's current EBIT is $-0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Record Management stock overvalued right now?
E Record Management (ERMG) has a current EBIT of $-0.39 Mil. The current EBIT is $-0.39 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 E Record Management (ERMG), the current EBIT is $-0.39 Mil as of Sep. 2004. 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.