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NoFire Technologies (NoFire Technologies) EBIT : $-0.86 Mil (TTM As of May. 2010)


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What is NoFire Technologies EBIT?

NoFire Technologies's earnings before interest and taxes (EBIT) for the three months ended in May. 2010 was $-0.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2010 was $-0.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NoFire Technologies's annualized ROC % for the quarter that ended in May. 2010 was -24.43%. NoFire Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2010 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NoFire Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2010 was -1,829.79%.


NoFire Technologies EBIT Historical Data

The historical data trend for NoFire Technologies'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.

NoFire Technologies EBIT Chart

NoFire Technologies Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.05 -1.03 -0.71 -1.01 -0.94

NoFire Technologies Quarterly Data
Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 -0.32 -0.19 -0.30 -0.10 -0.28

Competitive Comparison of NoFire Technologies's EBIT

For the Specialty Chemicals subindustry, NoFire Technologies'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.


NoFire Technologies's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoFire Technologies's EV-to-EBIT distribution charts can be found below:

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



NoFire Technologies 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 May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.86 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.


NoFire Technologies  (OTCPK:NFTI) EBIT Explanation

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

NoFire Technologies's annualized ROC % for the quarter that ended in May. 2010 is calculated as:

ROC % (Q: May. 2010 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2010 ) + Invested Capital (Q: May. 2010 ))/ count )
=-1.12 * ( 1 - 0% )/( (4.303 + 4.865)/ 2 )
=-1.12/4.584
=-24.43 %

where

Note: The Operating Income data used here is four times the quarterly (May. 2010) data.

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

NoFire Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2010 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2010 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2010  Q: May. 2010
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.12/( ( (0 + max(-5.469, 0)) + (0 + max(-5.886, 0)) )/ 2 )
=-1.12/( ( 0 + 0 )/ 2 )
=-1.12/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.089 + 0.091 + 0.005) - (2.36 + 2.916 + 0.378)
=-5.469

Working Capital(Q: May. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.117 + 0.105 + 0.01) - (2.523 + 3.217 + 0.378)
=-5.886

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2010) EBIT data.

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

NoFire Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2010 )
=-0.86/0.047
=-1,829.79 %

* 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.


NoFire Technologies EBIT Related Terms

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NoFire Technologies (NoFire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 James Street, South Hackensack, NJ, USA, 07606
NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.
Executives
Andrew H Tisch 10 percent owner 667 MADISON AVE, NEW YORK NY 10021-8087

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