FRPC (First Republic of America) EBIT: $-6.30 Mil (TTM As of Mar. 2004)


What is First Republic of America EBIT?

First Republic of America FRPC EBIT is $-6.30 Mil as of Mar. 2004.

First Republic of America's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2004 was $0.24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2004 was $-6.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Republic of America's annualized ROC % for the quarter that ended in Mar. 2004 was 1.14%. First Republic of America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2004 was 2.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Republic of America's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2004 was -630,000.00%.

First Republic of America  (OTCPK:FRPC) EBIT Explanation

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

First Republic of America's annualized ROC % for the quarter that ended in Mar. 2004 is calculated as:

ROC % (Q: Mar. 2004 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2003 ) + Invested Capital (Q: Mar. 2004 ))/ count )
=1.772 * ( 1 - 38.24% )/( (93.91 + 97.563)/ 2 )
=1.0943872/95.7365
=1.14 %

where

Invested Capital(Q: Dec. 2003 )
=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))
=95.116 - 0 - ( 1.206 - max(0, 13.51 - 16.874+1.206))
=93.91

Invested Capital(Q: Mar. 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))
=93.948 - 0 - ( 1.669 - max(0, 19.312 - 15.697+1.669))
=97.563

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

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

First Republic of America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2004 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2004 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2003  Q: Mar. 2004
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.956/( ( (39.194 + max(2.158, 0)) + (39.133 + max(-5.284, 0)) )/ 2 )
=0.956/( ( 41.352 + 39.133 )/ 2 )
=0.956/40.2425
=2.38 %

where Working Capital is:

Working Capital(Q: Dec. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.841 + 4.563 + 6.264) - (0 + 0 + 13.51)
=2.158

Working Capital(Q: Mar. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.553 + 3.673 + 5.802) - (0 + 0 + 19.312)
=-5.284

When net working capital is negative, 0 is used.

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

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

First Republic of America's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2004 )
=-6.3/0.001
=-630,000.00 %

* 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.

First Republic of America EBIT Related Terms

First Republic of America EBIT Historical Data

* Premium members only.

The historical data trend for First Republic of America'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.

First Republic of America EBIT Chart

First Republic of America Annual Data
Trend Jun01 Jun02 Jun03
EBIT
16.02 -1.23 -1.36

First Republic of America Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.80 -0.75 0.35 -6.15 0.24

First Republic of America EBIT Competitor Comparison

For the Specialty Business Services subindustry, First Republic of America'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.

First Republic of America EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, First Republic of America's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Republic of America's EV-to-EBIT falls into.


First Republic of America 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 Mar. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.30 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 $-6.30 Mil mean?
First Republic of America (FRPC) has a EBIT of $-6.30 Mil as of Mar. 2004. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Republic of America.
Is First Republic of America's EBIT too high?
First Republic of America's current EBIT is $-6.30 Mil.
How does First Republic of America's EBIT compare to competitors?
First Republic of America's EBIT of $-6.30 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 First Republic of America. First Republic of America's current EBIT is $-6.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic of America stock overvalued right now?
First Republic of America (FRPC) has a current EBIT of $-6.30 Mil. The current EBIT is $-6.30 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 First Republic of America (FRPC), the current EBIT is $-6.30 Mil as of Mar. 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.