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News Communications (News Communications) EBIT : $-0.96 Mil (TTM As of Dec. 2004)


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What is News Communications EBIT?

News Communications's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2004 was $-0.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2004 was $-0.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. News Communications's annualized ROC % for the quarter that ended in Dec. 2004 was -43.76%. News Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2004 was -321.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. News Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2004 was -15.99%.

News Communications EBIT Historical Data

The historical data trend for News Communications'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.

News Communications EBIT Chart

News Communications Annual Data
Trend Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
EBIT
Get a 7-Day Free Trial Premium Member Only -1.58 -2.59 -0.67 -1.34 -0.96

News Communications Semi-Annual Data
Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
EBIT Get a 7-Day Free Trial Premium Member Only -1.58 -2.59 -0.67 -1.34 -0.96

Competitive Comparison of News Communications's EBIT

For the Publishing subindustry, News Communications'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.

News Communications's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, News Communications's EV-to-EBIT distribution charts can be found below:

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


News Communications 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2004 was $-0.96 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.

News Communications  (OTCPK:NWCM) EBIT Explanation

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

News Communications's annualized ROC % for the quarter that ended in Dec. 2004 is calculated as:

ROC % (Q: Dec. 2004 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2003 ) + Invested Capital (Q: Dec. 2004 ))/ count )
=-0.961 * ( 1 - -4.42% )/( (2.879 + 1.707)/ 2 )
=-1.0034762/2.293
=-43.76 %

where

Invested Capital(Q: Dec. 2003 )
=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))
=4.464 - 2.099 - ( 1.167 - max(0, 3.681 - 3.167+1.167))
=2.879

Invested Capital(Q: Dec. 2004 )
=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))
=2.824 - 2.596 - ( 0.421 - max(0, 3.144 - 1.665+0.421))
=1.707

Note: The Operating Income data used here is one times the annual (Dec. 2004) data.

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

News Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2004 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2004 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2003  Q: Dec. 2004
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.961/( ( (0.354 + max(-2.517, 0)) + (0.244 + max(-1.891, 0)) )/ 2 )
=-0.961/( ( 0.354 + 0.244 )/ 2 )
=-0.961/0.299
=-321.40 %

where Working Capital is:

Working Capital(Q: Dec. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.154) - (2.099 + 0 + 1.572)
=-2.517

Working Capital(Q: Dec. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.015 + 0 + 0.219) - (2.596 + 0 + 0.529)
=-1.891

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2004) EBIT data.

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

News Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2004 )
=-0.961/6.010
=-15.99 %

* 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.

News Communications EBIT Related Terms

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News Communications (News Communications) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Communications Inc (OTCPK:NWCM) » Definitions » EBIT
Comparable Companies
XKLS:6025 WAR:PTW HAM:MF8 MIL:GAMB XKLS:0173 MIL:BLUE XKLS:7190 HKSE:08006 BKK:SPORT SGX:YYB TSE:8072 WAR:PGM MNI ISX:LPLI WAR:EKS TSXV:FP XTER:G6P BOM:511630 BOM:532416 TSXV:LM
Traded in Other Exchanges
N/A
Address
Website
News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.
Executives
Ross Wilbur L Jr director 328 EL VEDADO ROAD, PALM BEACH FL 33480

News Communications (News Communications) Headlines

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