FLRE (Flameret) EBIT: $-0.34 Mil (TTM As of Aug. 2012)

What is Flameret EBIT?

Flameret FLRE EBIT is $-0.34 Mil as of Aug. 2012.

Flameret's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2012 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2012 was $-0.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flameret's annualized ROC % for the quarter that ended in Aug. 2012 was -36.87%. Flameret's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2012 was %.

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

Flameret (OTCPK:FLRE) EBIT Explanation

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

Flameret's annualized ROC % for the quarter that ended in Aug. 2012 is calculated as:

	ROC % (Q: Aug. 2012 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2012 )	+	Invested Capital (Q: Aug. 2012 ))	/ count )
=	-0.224 * ( 1 - 0% )	/	( (0.595	+	0.62)	/ 2 )
=	-0.224	/	0.6075
=	-36.87 %

where

	Invested Capital		(Q: May. 2012 )
=	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	))
=	0.003	-	0.214	-	( 0	-	max(0, 0.809	-	0.003	+	0	))
=	0.595

	Invested Capital		(Q: Aug. 2012 )
=	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	))
=	0.003	-	0.241	-	( 0	-	max(0, 0.861	-	0.003	+	0	))
=	0.62

Note: The Operating Income data used here is four times the quarterly (Aug. 2012) data.

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

Flameret's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2012 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Aug. 2012 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2012		Q: Aug. 2012
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.212	/	( ( (0 + max(-0.476, 0))	+	(0 + max(-0.527, 0)) )	/	2 )
=	-0.212	/	( ( 0	+	0 )	/	2 )
=	-0.212	/	0
=	%

where Working Capital is:

	Working Capital		(Q: May. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.003)	-	(0.214	+	0	+	0.265)
=	-0.476

	Working Capital		(Q: Aug. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.003)	-	(0.241	+	0	+	0.289)
=	-0.527

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2012) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2012 )
	=	-0.337	/	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.

Flameret EBIT Related Terms

Flameret EBIT Historical Data

* Premium members only.

The historical data trend for Flameret's EBIT can be seen below:

Flameret EBIT Chart

Flameret Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

EBIT

-0.02

-0.48

-6.34

-0.34

Flameret Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12
EBIT	Get a 7-Day Free Trial								-1.13	-0.12	-0.08	-0.08	-0.05

FLRE vs UNIR, DXYN, CFI: EBIT Comparison

For the Chemicals subindustry, Flameret'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.

Flameret EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flameret's EV-to-EBIT distribution charts can be found below:

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

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Flameret 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 Aug. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.34 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-0.34 Mil mean?

Flameret (FLRE) has a EBIT of $-0.34 Mil as of Aug. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Flameret.

Is Flameret's EBIT too high?

Flameret's current EBIT is $-0.34 Mil.

How does Flameret's EBIT compare to UNIR and DXYN?

Flameret's EBIT of $-0.34 Mil can be compared against companies in the Chemicals 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 Chemicals company?

A good EBIT depends on the Chemicals 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 Flameret. Flameret's current EBIT is $-0.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Flameret stock overvalued right now?

Flameret (FLRE) has a current EBIT of $-0.34 Mil. The current EBIT is $-0.34 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 Flameret (FLRE), the current EBIT is $-0.34 Mil as of Aug. 2012. 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.

Flameret Business Description

Industry Basic Materials Chemicals

Comparable Companies UNIR DXYN CFI UFI TILE AIN TRYIY

Address 1130 Misti Court, Venice, FL, USA, 34293

Website https://www.flameretgroup.com

Flameret Inc is engaged in the manufacturing of Non-Toxic Flame Retardant Products for sale to all industries.