MCIM (Macau Capital Investments) EBIT: $-1.44 Mil (TTM As of Mar. 2002)


What is Macau Capital Investments EBIT?

Macau Capital Investments MCIM EBIT is $-1.44 Mil as of Mar. 2002.

Macau Capital Investments's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2002 was $-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2002 was $-1.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Macau Capital Investments's annualized ROC % for the quarter that ended in Mar. 2002 was -257.05%. Macau Capital Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2002 was -745.45%.

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

Macau Capital Investments  (OTCPK:MCIM) EBIT Explanation

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

Macau Capital Investments's annualized ROC % for the quarter that ended in Mar. 2002 is calculated as:

ROC % (Q: Mar. 2002 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2001 ) + Invested Capital (Q: Mar. 2002 ))/ count )
=-0.82 * ( 1 - 0% )/( (0.341 + 0.297)/ 2 )
=-0.82/0.319
=-257.05 %

where

Invested Capital(Q: Dec. 2001 )
=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))
=0.403 - 0.838 - ( 0.008 - max(0, 0.906 - 0.13+0.008))
=0.341

Invested Capital(Q: Mar. 2002 )
=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))
=0.276 - 0.973 - ( 0.002 - max(0, 1.023 - 0.029+0.002))
=0.297

Note: The Operating Income data used here is four times the quarterly (Mar. 2002) data.

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

Macau Capital Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2002 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2002 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2001  Q: Mar. 2002
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.82/( ( (0.117 + max(-0.746, 0)) + (0.103 + max(-0.971, 0)) )/ 2 )
=-0.82/( ( 0.117 + 0.103 )/ 2 )
=-0.82/0.11
=-745.45 %

where Working Capital is:

Working Capital(Q: Dec. 2001 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.053 + 0 + 0.069) - (0.838 + 0.03 + 0)
=-0.746

Working Capital(Q: Mar. 2002 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.008 + 0 + 0.019) - (0.973 + 0.025 + 0)
=-0.971

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2002) EBIT data.

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

Macau Capital Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2002 )
=-1.439/0.000
= %

* 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.

Macau Capital Investments EBIT Related Terms

Macau Capital Investments EBIT Historical Data

* Premium members only.

The historical data trend for Macau Capital Investments'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.

Macau Capital Investments EBIT Chart

Macau Capital Investments Annual Data
Trend Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01
EBIT
Get a 7-Day Free Trial -10.10 -11.10 -4.30 -1.00 -1.92

Macau Capital Investments Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02
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 -1.04 -0.40 -0.62 -0.22 -0.21

MCIM vs CWSS, OCLN, HDII: EBIT Comparison

For the Waste Management subindustry, Macau Capital Investments'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.

Macau Capital Investments EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Macau Capital Investments's EV-to-EBIT distribution charts can be found below:

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


Macau Capital Investments 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. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.44 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-1.44 Mil mean?
Macau Capital Investments (MCIM) has a EBIT of $-1.44 Mil as of Mar. 2002. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Macau Capital Investments.
Is Macau Capital Investments' EBIT too high?
Macau Capital Investments' current EBIT is $-1.44 Mil.
How does Macau Capital Investments' EBIT compare to CWSS and OCLN?
Macau Capital Investments' EBIT of $-1.44 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good EBIT depends on the Waste Management 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 Macau Capital Investments. Macau Capital Investments's current EBIT is $-1.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau Capital Investments stock overvalued right now?
Macau Capital Investments (MCIM) has a current EBIT of $-1.44 Mil. The current EBIT is $-1.44 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 Macau Capital Investments (MCIM), the current EBIT is $-1.44 Mil as of Mar. 2002. 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.

Macau Capital Investments Business Description

Address 1001 Texas Avenue, Suite 1400, Houston, TX, USA, 77002
Macau Capital Investments Inc is a waste management assets holdings company. Through its subsidiaries, it provides solid waste and medical waste removal services to customers in its targeted market.