Firma Holdings (Firma Holdings) EBIT : $-19.31 Mil (TTM As of Jun. 2015)

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What is Firma Holdings EBIT?

Firma Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2015 was $-0.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $-19.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Firma Holdings's annualized ROC % for the quarter that ended in Jun. 2015 was -27.98%. Firma Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was -50.88%.

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

Firma Holdings EBIT Historical Data

The historical data trend for Firma Holdings'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.

Firma Holdings EBIT Chart

Firma Holdings Annual Data

Trend

Oct06

Oct07

Oct08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

EBIT

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-18.84

-7.01

-5.79

-1.98

-19.36

Firma Holdings Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
EBIT	Get a 7-Day Free Trial															-0.93	-0.88	-16.91	-0.55	-0.97

Competitive Comparison of Firma Holdings's EBIT

For the Other Industrial Metals & Mining subindustry, Firma Holdings'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.

Firma Holdings's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Firma Holdings's EV-to-EBIT distribution charts can be found below:

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

Firma Holdings 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.31 Mil.

Firma Holdings (OTCPK:FRMA) EBIT Explanation

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

Firma Holdings's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

	ROC % (Q: Jun. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2015 )	+	Invested Capital (Q: Jun. 2015 ))	/ count )
=	-4.04 * ( 1 - 0% )	/	( (11.102	+	17.773)	/ 2 )
=	-4.04	/	14.4375
=	-27.98 %

where

	Invested Capital		(Q: Mar. 2015 )
=	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	))
=	11.602	-	1.728	-	( 0.081	-	max(0, 4.053	-	2.825	+	0.081	))
=	11.102

	Invested Capital		(Q: Jun. 2015 )
=	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	))
=	16.253	-	3.079	-	( 0.294	-	max(0, 7.553	-	2.954	+	0.294	))
=	17.773

Note: The Operating Income data used here is four times the quarterly (Jun. 2015) data.

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

Firma Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2015		Q: Jun. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.864	/	( ( (6.032 + max(0.291, 0))	+	(8.867 + max(-1.82, 0)) )	/	2 )
=	-3.864	/	( ( 6.323	+	8.867 )	/	2 )
=	-3.864	/	7.595
=	-50.88 %

where Working Capital is:

	Working Capital		(Q: Mar. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.506	+	0.092	+	1.42)	-	(1.728	+	0	+	-0.0010000000000003)
=	0.291

	Working Capital		(Q: Jun. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.459	+	0.461	+	0.339)	-	(3.079	+	0	+	-8.8817841970013E-16)
=	-1.82

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2015) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2015 )
	=	-19.306	/	0.000
	=	%

Firma Holdings EBIT Related Terms

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Firma Holdings (Firma Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Firma Holdings Corp (OTCPK:FRMA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4915 Main Street, 2nd Floor, Suite 3, Downers Grove, IL, USA, 60515

Website

https://www.firmaholdingscorp.com

Firma Holdings Corp operates in the mining and consumer product sales business. In addition, it also sells personal protection equipment (commonly referred to as "PPE"), and household and consumer products with its existing joint venture partners as well as participates as a procurement agent for both commercial and government entities.