FTWS (Flitways Technology) EBIT: $-59.17 Mil (TTM As of Mar. 2019)


What is Flitways Technology EBIT?

Flitways Technology FTWS -90.00% EBIT is $-59.17 Mil as of Mar. 2019.

Flitways Technology's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2019 was $-1.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2019 was $-59.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flitways Technology's annualized ROC % for the quarter that ended in Mar. 2019 was -100.36%. Flitways Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was -46,023.53%.

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

Flitways Technology  (OTCPK:FTWS) EBIT Explanation

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

Flitways Technology's annualized ROC % for the quarter that ended in Mar. 2019 is calculated as:

ROC % (Q: Mar. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2018 ) + Invested Capital (Q: Mar. 2019 ))/ count )
=-0.28 * ( 1 - 0% )/( (0.278 + 0.28)/ 2 )
=-0.28/0.279
=-100.36 %

where

Invested Capital(Q: Dec. 2018 )
=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))
=0.167 - 1.048 - ( 0.006 - max(0, 1.261 - 0.102+0.006))
=0.278

Invested Capital(Q: Mar. 2019 )
=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))
=0.171 - 1.136 - ( 0.004 - max(0, 1.351 - 0.106+0.004))
=0.28

Note: The Operating Income data used here is four times the quarterly (Mar. 2019) data.

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

Flitways Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2018  Q: Mar. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.824/( ( (0.017 + max(-1.13, 0)) + (0.017 + max(-1.216, 0)) )/ 2 )
=-7.824/( ( 0.017 + 0.017 )/ 2 )
=-7.824/0.017
=-46,023.53 %

where Working Capital is:

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.096 + 0 + -1.3877787807814E-17) - (1.048 + 0.177 + 0.00099999999999989)
=-1.13

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.102 + 0 + 0) - (1.136 + 0.181 + 0.0010000000000001)
=-1.216

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2019 )
=-59.17/0.000
= %

* 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.

Flitways Technology EBIT Related Terms

Flitways Technology EBIT Historical Data

* Premium members only.

The historical data trend for Flitways 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.

Flitways Technology EBIT Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial -0.04 -0.12 -2.58 -6.46 -56.92

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
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 -3.39 -51.29 -2.54 -1.96 0.00

FTWS vs MPAY, YPPN, DRSV: EBIT Comparison

For the Software - Application subindustry, Flitways 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.

Flitways Technology EV-to-EBIT vs Software Industry

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

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


Flitways 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-59.17 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 $-59.17 Mil mean?
Flitways Technology (FTWS) has a EBIT of $-59.17 Mil as of Mar. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Flitways Technology.
Is Flitways Technology's EBIT too high?
Flitways Technology's current EBIT is $-59.17 Mil.
How does Flitways Technology's EBIT compare to MPAY and YPPN?
Flitways Technology's EBIT of $-59.17 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Flitways Technology. Flitways Technology's current EBIT is $-59.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flitways Technology stock overvalued right now?
Flitways Technology (FTWS) has a current EBIT of $-59.17 Mil. The current EBIT is $-59.17 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 Flitways Technology (FTWS), the current EBIT is $-59.17 Mil as of Mar. 2019. 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.

Flitways Technology Business Description

Address 600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.