Network 1 Financial Group (Network 1 Financial Group) EBIT : $-0.49 Mil (TTM As of Mar. 2012)

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What is Network 1 Financial Group EBIT?

Network 1 Financial Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2012 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2012 was $-0.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Network 1 Financial Group's annualized ROC % for the quarter that ended in Mar. 2012 was -78.26%. Network 1 Financial Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 was -107.46%.

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

Network 1 Financial Group EBIT Historical Data

The historical data trend for Network 1 Financial Group'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.

Network 1 Financial Group EBIT Chart

Network 1 Financial Group Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Jun09

Jun10

Jun11

EBIT

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-0.23

-0.20

-0.37

-0.59

-0.83

Network 1 Financial Group Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
EBIT	Get a 7-Day Free Trial															-0.65	-0.19	-0.14	-0.11	-0.05

Competitive Comparison of Network 1 Financial Group's EBIT

For the Capital Markets subindustry, Network 1 Financial Group'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.

Network 1 Financial Group's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Network 1 Financial Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Network 1 Financial Group's EV-to-EBIT falls into.

Network 1 Financial Group 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.49 Mil.

Network 1 Financial Group (OTCPK:NTFL) EBIT Explanation

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

Network 1 Financial Group's annualized ROC % for the quarter that ended in Mar. 2012 is calculated as:

	ROC % (Q: Mar. 2012 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2011 )	+	Invested Capital (Q: Mar. 2012 ))	/ count )
=	-0.216 * ( 1 - 0% )	/	( (0.303	+	0.249)	/ 2 )
=	-0.216	/	0.276
=	-78.26 %

where

	Invested Capital		(Q: Dec. 2011 )
=	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	))
=	0.67	-	0.276	-	( 0.091	-	max(0, 0.315	-	0.617	+	0.091	))
=	0.303

	Invested Capital		(Q: Mar. 2012 )
=	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	))
=	0.764	-	0.34	-	( 0.175	-	max(0, 0.463	-	0.713	+	0.175	))
=	0.249

Note: The Operating Income data used here is four times the quarterly (Mar. 2012) data.

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

Network 1 Financial Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2012 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2012 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2011		Q: Mar. 2012
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.216	/	( ( (0.027 + max(0.193, 0))	+	(0.024 + max(0.158, 0)) )	/	2 )
=	-0.216	/	( ( 0.22	+	0.182 )	/	2 )
=	-0.216	/	0.201
=	-107.46 %

where Working Capital is:

	Working Capital		(Q: Dec. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.063	+	0	+	0.406)	-	(0.276	+	0	+	0)
=	0.193

	Working Capital		(Q: Mar. 2012 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.1	+	0	+	0.398)	-	(0.34	+	0	+	0)
=	0.158

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2012) EBIT data.

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

Network 1 Financial Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2012 )
	=	-0.489	/	0.000
	=	%

Network 1 Financial Group EBIT Related Terms

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Network 1 Financial Group (Network 1 Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Network 1 Financial Group Inc (OTCPK:NTFL) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

2 Bridge Avenue, Suite 241, Red Bank, NJ, USA, 07701

Website

http://www.network1financial.com

Network 1 Financial Group Inc is registered as a broker-dealer with the Securities and Exchange Commission the State of Texas and various other states. The company's clients include high net worth individuals from many countries, institutional investors, managed pension funds and hedge funds.