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GME Innotainment (GME Innotainment) EBIT : $-0.44 Mil (TTM As of Sep. 2015)


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What is GME Innotainment EBIT?

GME Innotainment's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2015 was $0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $-0.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GME Innotainment's annualized ROC % for the quarter that ended in Sep. 2015 was -82.07%. GME Innotainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was 37.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GME Innotainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was -165.79%.


GME Innotainment EBIT Historical Data

The historical data trend for GME Innotainment'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.

GME Innotainment EBIT Chart

GME Innotainment Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
EBIT
Get a 7-Day Free Trial Premium Member Only -1.33 -1.03 -0.38 -1.03 -0.75

GME Innotainment Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.01 -0.66 - 0.21 0.01

Competitive Comparison of GME Innotainment's EBIT

For the Pollution & Treatment Controls subindustry, GME Innotainment'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.


GME Innotainment's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GME Innotainment's EV-to-EBIT distribution charts can be found below:

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



GME Innotainment 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.44 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.


GME Innotainment  (OTCPK:GMEV) EBIT Explanation

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

GME Innotainment's annualized ROC % for the quarter that ended in Sep. 2015 is calculated as:

ROC % (Q: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2015 ) + Invested Capital (Q: Sep. 2015 ))/ count )
=-0.968 * ( 1 - 0% )/( (1.102 + 1.257)/ 2 )
=-0.968/1.1795
=-82.07 %

where

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

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

GME Innotainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2015  Q: Sep. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.044/( ( (0.123 + max(-2.927, 0)) + (0.112 + max(-2.538, 0)) )/ 2 )
=0.044/( ( 0.123 + 0.112 )/ 2 )
=0.044/0.1175
=37.45 %

where Working Capital is:

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.701 + 0 + 3.642) - (6.42 + 0.787 + 0.063)
=-2.927

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.371 + 0 + 5.05) - (6.966 + 0.989 + 0.0039999999999996)
=-2.538

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=-0.441/0.266
=-165.79 %

* 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.


GME Innotainment EBIT Related Terms

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GME Innotainment (GME Innotainment) Business Description

Traded in Other Exchanges
N/A
Address
208 East 51st Street, Suite 170, New York, NY, USA, 10022
GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.