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International Power Group (International Power Group) EBIT : $-13.38 Mil (TTM As of Sep. 2008)


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What is International Power Group EBIT?

International Power Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2008 was $-1.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2008 was $-13.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. International Power Group's annualized ROC % for the quarter that ended in Sep. 2008 was -136.86%. International Power Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2008 was %.

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


International Power Group EBIT Historical Data

The historical data trend for International Power Group'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.

International Power Group EBIT Chart

International Power Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07
EBIT
-0.04 -3.27 -12.83 -6.85

International Power Group Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -1.06 -2.08 -4.08 -5.78 -1.44

Competitive Comparison of International Power Group's EBIT

For the Utilities - Renewable subindustry, International Power Group'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.


International Power Group's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, International Power Group's EV-to-EBIT distribution charts can be found below:

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



International Power Group 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.38 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.


International Power Group  (GREY:IPWG) EBIT Explanation

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

International Power Group's annualized ROC % for the quarter that ended in Sep. 2008 is calculated as:

ROC % (Q: Sep. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2008 ) + Invested Capital (Q: Sep. 2008 ))/ count )
=-5.772 * ( 1 - % )/( (4.433 + 4.002)/ 2 )
=-5.772/4.2175
=-136.86 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2008) data.

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

International Power Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2008  Q: Sep. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.772/( ( (0 + max(-1.92, 0)) + (0 + max(-2.01, 0)) )/ 2 )
=-5.772/( ( 0 + 0 )/ 2 )
=-5.772/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.109 + 0 + 0.024) - (1.071 + 0 + 0.982)
=-1.92

Working Capital(Q: Sep. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.008) - (1.049 + 0 + 0.972)
=-2.01

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2008) EBIT data.

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

International Power Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2008 )
=-13.376/0.000
= %

* 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.


International Power Group EBIT Related Terms

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International Power Group (International Power Group) Business Description

Traded in Other Exchanges
N/A
Address
1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747
International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.
Executives
John Edward Mack officer: Chief Financial Officer P.O.BOX 1575, BRECKENRIDGE CO 80424

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