KVMD (Kelvin Medical) EBIT: $-0.10 Mil (TTM As of Mar. 2018)


What is Kelvin Medical EBIT?

Kelvin Medical KVMD EBIT is $-0.10 Mil as of Mar. 2018.

Kelvin Medical's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2018 was $-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2018 was $-0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kelvin Medical's annualized ROC % for the quarter that ended in Mar. 2018 was -22,000.00%. Kelvin Medical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was %.

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

Kelvin Medical  (OTCPK:KVMD) EBIT Explanation

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

Kelvin Medical's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

ROC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=-0.22 * ( 1 - 0% )/( (0.002 + 0)/ 2 )
=-0.22/0.001
=-22,000.00 %

where

Invested Capital(Q: Dec. 2017 )
=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))
=0.087 - 0.041 - ( 0.085 - max(0, 0.043 - 0.087+0.085))
=0.002

Invested Capital(Q: Mar. 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))
=0.037 - 0.043 - ( 0.037 - max(0, 0.043 - 0.037+0.037))
=0

Note: The Operating Income data used here is four times the quarterly (Mar. 2018) data.

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

Kelvin Medical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.22/( ( (0 + max(-0.041, 0)) + (0 + max(-0.043, 0)) )/ 2 )
=-0.22/( ( 0 + 0 )/ 2 )
=-0.22/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (0.041 + 0 + 0.002)
=-0.041

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.043 + 0 + 0)
=-0.043

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2018 )
=-0.102/0.000
= %

* 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.

Kelvin Medical EBIT Related Terms

Kelvin Medical EBIT Historical Data

* Premium members only.

The historical data trend for Kelvin Medical'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.

Kelvin Medical EBIT Chart

Kelvin Medical Annual Data
Trend Jun16 Jun17
EBIT
-0.06 -0.03

Kelvin Medical Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
EBIT Get a 7-Day Free Trial -0.01 -0.01 -0.02 -0.02 -0.06

KVMD vs XTNT, ACRX, APEN: EBIT Comparison

For the Medical Devices subindustry, Kelvin Medical'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.

Kelvin Medical EV-to-EBIT vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelvin Medical's EV-to-EBIT distribution charts can be found below:

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


Kelvin Medical 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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 $-0.10 Mil mean?
Kelvin Medical (KVMD) has a EBIT of $-0.10 Mil as of Mar. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kelvin Medical.
Is Kelvin Medical's EBIT too high?
Kelvin Medical's current EBIT is $-0.10 Mil.
How does Kelvin Medical's EBIT compare to XTNT and ACRX?
Kelvin Medical's EBIT of $-0.10 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good EBIT depends on the Medical Devices & Instruments 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 Kelvin Medical. Kelvin Medical's current EBIT is $-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current EBIT of $-0.10 Mil. The current EBIT is $-0.10 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 Kelvin Medical (KVMD), the current EBIT is $-0.10 Mil as of Mar. 2018. 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.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.