GEAT (GreetEat) EBIT: $-0.88 Mil (TTM As of Sep. 2011)


What is GreetEat EBIT?

GreetEat GEAT -4.14% EBIT is $-0.88 Mil as of Sep. 2011.

GreetEat's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2011 was $-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2011 was $-0.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GreetEat's annualized ROC % for the quarter that ended in Sep. 2011 was -1,000.00%. GreetEat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2011 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GreetEat's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2011 was -29.93%.

GreetEat  (OTCPK:GEAT) EBIT Explanation

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

GreetEat's annualized ROC % for the quarter that ended in Sep. 2011 is calculated as:

ROC % (Q: Sep. 2011 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2011 ) + Invested Capital (Q: Sep. 2011 ))/ count )
=-0.1 * ( 1 - 0% )/( (0.016 + 0.004)/ 2 )
=-0.1/0.01
=-1,000.00 %

where

Invested Capital(Q: Jun. 2011 )
=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))
=0.016 - 0.288 - ( 0 - max(0, 0.288 - 0+0))
=0.016

Invested Capital(Q: Sep. 2011 )
=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))
=0.016 - 0.312 - ( 0.012 - max(0, 0.312 - 0.012+0.012))
=0.004

Note: The Operating Income data used here is four times the quarterly (Sep. 2011) data.

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

GreetEat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2011 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2011 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2011  Q: Sep. 2011
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.1/( ( (0 + max(-0.288, 0)) + (0 + max(-0.312, 0)) )/ 2 )
=-0.1/( ( 0 + 0 )/ 2 )
=-0.1/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.288 + 0 + 0)
=-0.288

Working Capital(Q: Sep. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.312 + 0 + 0)
=-0.312

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2011) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2011 )
=-0.881/2.944
=-29.93 %

* 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.

GreetEat EBIT Related Terms

GreetEat EBIT Historical Data

* Premium members only.

The historical data trend for GreetEat'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.

GreetEat EBIT Chart

GreetEat Annual Data
Trend Dec07 Dec08 Dec09 Dec10
EBIT
0.01 0.00 -0.69 -0.57

GreetEat Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -0.08 -0.49 -0.30 -0.06 -0.03

GEAT vs OMEX, KRPI: EBIT Comparison

For the Specialty Business Services subindustry, GreetEat'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.

GreetEat EV-to-EBIT vs Business Services Industry

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

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


GreetEat 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.88 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 $-0.88 Mil mean?
GreetEat (GEAT) has a EBIT of $-0.88 Mil as of Sep. 2011. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GreetEat.
Is GreetEat's EBIT too high?
GreetEat's current EBIT is $-0.88 Mil.
How does GreetEat's EBIT compare to OMEX and KRPI?
GreetEat's EBIT of $-0.88 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 GreetEat. GreetEat's current EBIT is $-0.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreetEat stock overvalued right now?
GreetEat (GEAT) has a current EBIT of $-0.88 Mil. The current EBIT is $-0.88 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 GreetEat (GEAT), the current EBIT is $-0.88 Mil as of Sep. 2011. 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.

GreetEat Business Description

Address 50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
GreetEat Corp is a technology company that connects colleagues, business partners, customers, and prospects to food services during virtual meetings or conferences. The company also provides a simple to use proprietary platform to host a video conference and send the guests a food delivery voucher at the same time.