ESNR (Electronic Sensor Technology) EBIT: $-1.88 Mil (TTM As of Sep. 2009)


What is Electronic Sensor Technology EBIT?

Electronic Sensor Technology ESNR -99.00% EBIT is $-1.88 Mil as of Sep. 2009.

Electronic Sensor Technology's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2009 was $-0.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2009 was $-1.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Electronic Sensor Technology's annualized ROC % for the quarter that ended in Sep. 2009 was -324.27%. Electronic Sensor Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2009 was -681.19%.

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

Electronic Sensor Technology  (OTCPK:ESNR) EBIT Explanation

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

Electronic Sensor Technology's annualized ROC % for the quarter that ended in Sep. 2009 is calculated as:

ROC % (Q: Sep. 2009 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2009 ) + Invested Capital (Q: Sep. 2009 ))/ count )
=-2.064 * ( 1 - % )/( (1.133 + 0.14)/ 2 )
=-2.064/0.6365
=-324.27 %

where

Invested Capital(Q: Jun. 2009 )
=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))
=1.701 - 0.477 - ( 0.709 - max(0, 1.499 - 1.59+0.709))
=1.133

Invested Capital(Q: Sep. 2009 )
=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))
=1.127 - 1.491 - ( 0.28 - max(0, 1.513 - 1.009+0.28))
=0.14

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

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

Electronic Sensor Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2009 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2009 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2009  Q: Sep. 2009
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.064/( ( (0.098 + max(0.403, 0)) + (0.105 + max(-0.762, 0)) )/ 2 )
=-2.064/( ( 0.501 + 0.105 )/ 2 )
=-2.064/0.303
=-681.19 %

where Working Capital is:

Working Capital(Q: Jun. 2009 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.279 + 0.49 + 0.112) - (0.477 + 0 + 0.0010000000000003)
=0.403

Working Capital(Q: Sep. 2009 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.198 + 0.442 + 0.089) - (1.491 + 0 + -2.2204460492503E-16)
=-0.762

When net working capital is negative, 0 is used.

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

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

Electronic Sensor Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2009 )
=-1.876/0.000
= %

* 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.

Electronic Sensor Technology EBIT Related Terms

Electronic Sensor Technology EBIT Historical Data

* Premium members only.

The historical data trend for Electronic Sensor Technology'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.

Electronic Sensor Technology EBIT Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
EBIT
-0.30 -2.08 -2.42 -2.43 -1.99

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 -0.39 -0.41 -0.43 -0.52 -0.52

ESNR vs TRWRF, UCLE, SCND: EBIT Comparison

For the Scientific & Technical Instruments subindustry, Electronic Sensor Technology'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.

Electronic Sensor Technology EV-to-EBIT vs Hardware Industry

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

* The bar in red indicates where Electronic Sensor Technology's EV-to-EBIT falls into.


Electronic Sensor Technology 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.88 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 $-1.88 Mil mean?
Electronic Sensor Technology (ESNR) has a EBIT of $-1.88 Mil as of Sep. 2009. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Electronic Sensor Technology.
Is Electronic Sensor Technology's EBIT too high?
Electronic Sensor Technology's current EBIT is $-1.88 Mil.
How does Electronic Sensor Technology's EBIT compare to TRWRF and UCLE?
Electronic Sensor Technology's EBIT of $-1.88 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 Electronic Sensor Technology. Electronic Sensor Technology's current EBIT is $-1.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current EBIT of $-1.88 Mil. The current EBIT is $-1.88 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 Electronic Sensor Technology (ESNR), the current EBIT is $-1.88 Mil as of Sep. 2009. 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.

Electronic Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.