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Mobile Lads (Mobile Lads) EBIT : $-4.30 Mil (TTM As of Jul. 2016)


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What is Mobile Lads EBIT?

Mobile Lads's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2016 was $-0.73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was $-4.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mobile Lads's annualized ROC % for the quarter that ended in Jul. 2016 was -166.91%. Mobile Lads's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2016 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mobile Lads's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2016 was -401.59%.

Mobile Lads EBIT Historical Data

The historical data trend for Mobile Lads'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.

Mobile Lads EBIT Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
EBIT
-0.01 -0.03 -0.29

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 -0.04 -0.84 -2.21 -0.52 -0.73

Competitive Comparison of Mobile Lads's EBIT

For the Consumer Electronics subindustry, Mobile Lads'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.

Mobile Lads's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobile Lads's EV-to-EBIT distribution charts can be found below:

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


Mobile Lads 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 Jul. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.30 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.

Mobile Lads  (OTCPK:MOBO) EBIT Explanation

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

Mobile Lads's annualized ROC % for the quarter that ended in Jul. 2016 is calculated as:

ROC % (Q: Jul. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2016 ) + Invested Capital (Q: Jul. 2016 ))/ count )
=-2.552 * ( 1 - 0% )/( (1.544 + 1.514)/ 2 )
=-2.552/1.529
=-166.91 %

where

Invested Capital(Q: Apr. 2016 )
=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))
=1.645 - 0.177 - ( 0.097 - max(0, 0.187 - 0.111+0.097))
=1.544

Invested Capital(Q: Jul. 2016 )
=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))
=1.46 - 0.208 - ( 0.005 - max(0, 0.284 - 0.022+0.005))
=1.514

Note: The Operating Income data used here is four times the quarterly (Jul. 2016) data.

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

Mobile Lads's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2016  Q: Jul. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.932/( ( (0 + max(-0.163, 0)) + (0 + max(-0.258, 0)) )/ 2 )
=-2.932/( ( 0 + 0 )/ 2 )
=-2.932/0
= %

where Working Capital is:

Working Capital(Q: Apr. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.014) - (0.177 + 0 + 0)
=-0.163

Working Capital(Q: Jul. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.017) - (0.208 + 0 + 0.067)
=-0.258

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2016) EBIT data.

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

Mobile Lads's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2016 )
=-4.297/1.070
=-401.59 %

* 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.

Mobile Lads EBIT Related Terms

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Mobile Lads (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » EBIT
Comparable Companies
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Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.