Modern Mobility Aids (Modern Mobility Aids) EBIT : $-1.59 Mil (TTM As of Mar. 2015)

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What is Modern Mobility Aids EBIT?

Modern Mobility Aids's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2015 was $-0.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $-1.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Modern Mobility Aids's annualized ROC % for the quarter that ended in Mar. 2015 was -190.72%. Modern Mobility Aids's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Modern Mobility Aids's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2015 was -88.06%.

Modern Mobility Aids EBIT Historical Data

The historical data trend for Modern Mobility Aids'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.

Modern Mobility Aids EBIT Chart

Modern Mobility Aids Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

EBIT

-0.01

-0.16

-0.36

-0.05

-0.25

Modern Mobility Aids Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
EBIT	Get a 7-Day Free Trial															-0.03	-0.18	-0.29	-0.93	-0.19

Competitive Comparison of Modern Mobility Aids's EBIT

For the Health Information Services subindustry, Modern Mobility Aids'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.

Modern Mobility Aids's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Modern Mobility Aids's EV-to-EBIT distribution charts can be found below:

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

Modern Mobility Aids 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.59 Mil.

Modern Mobility Aids (OTCPK:MDRM) EBIT Explanation

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

Modern Mobility Aids's annualized ROC % for the quarter that ended in Mar. 2015 is calculated as:

	ROC % (Q: Mar. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2014 )	+	Invested Capital (Q: Mar. 2015 ))	/ count )
=	-0.452 * ( 1 - 0% )	/	( (0.32	+	0.154)	/ 2 )
=	-0.452	/	0.237
=	-190.72 %

where

	Invested Capital		(Q: Dec. 2014 )
=	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	))
=	0.069	-	0.355	-	( 0.001	-	max(0, 0.609	-	0.003	+	0.001	))
=	0.32

	Invested Capital		(Q: Mar. 2015 )
=	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	))
=	0.068	-	0.432	-	( 0	-	max(0, 0.52	-	0.002	+	0	))
=	0.154

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

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

Modern Mobility Aids's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2014		Q: Mar. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.748	/	( ( (0 + max(-0.352, 0))	+	(0 + max(-0.43, 0)) )	/	2 )
=	-0.748	/	( ( 0	+	0 )	/	2 )
=	-0.748	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2014 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.002)	-	(0.355	+	0	+	-0.001)
=	-0.352

	Working Capital		(Q: Mar. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.002)	-	(0.432	+	0	+	0)
=	-0.43

When net working capital is negative, 0 is used.

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

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

Modern Mobility Aids's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2015 )
	=	-1.585	/	1.800
	=	-88.06 %

Modern Mobility Aids EBIT Related Terms

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Modern Mobility Aids (Modern Mobility Aids) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Modern Mobility Aids Inc (OTCPK:MDRM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Bramsteele Road, Brampton, ON, CAN, L6W3K6

Website

https://www.modernmobilityaids.com

Modern Mobility Aids Inc plays a vital role in fostering telehealth innovation, driving technological advancements, and improving access to healthcare services. It is focused on investing in people, products, and ventures that challenge and disrupt the telehealth category.