Next10 (Next10) EBIT : $-5.33 Mil (TTM As of May. 2006)

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What is Next10 EBIT?

Next10's earnings before interest and taxes (EBIT) for the three months ended in May. 2006 was $-1.77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2006 was $-5.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Next10's annualized ROC % for the quarter that ended in May. 2006 was -113.31%. Next10's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2006 was -1,231.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Next10's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2006 was -128.53%.

Next10 EBIT Historical Data

The historical data trend for Next10'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.

Next10 EBIT Chart

Next10 Annual Data

Trend

Aug02

Aug03

Aug04

EBIT

-0.02

-0.04

-3.38

Next10 Quarterly Data
	Aug02	Feb03	May03	Aug03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06
EBIT	Get a 7-Day Free Trial										-0.99	-0.99	-1.23	-1.34	-1.77

Competitive Comparison of Next10's EBIT

For the Trucking subindustry, Next10'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.

Next10's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Next10's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Next10's EV-to-EBIT falls into.

Next10 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. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.33 Mil.

Next10 (OTCPK:NXTN) EBIT Explanation

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

Next10's annualized ROC % for the quarter that ended in May. 2006 is calculated as:

	ROC % (Q: May. 2006 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2006 )	+	Invested Capital (Q: May. 2006 ))	/ count )
=	-7.068 * ( 1 - % )	/	( (7.243	+	5.233)	/ 2 )
=	-7.068	/	6.238
=	-113.31 %

where

	Invested Capital		(Q: Feb. 2006 )
=	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	))
=	5.08	-	0.495	-	( 1.438	-	max(0, 5.167	-	2.509	+	1.438	))
=	7.243

	Invested Capital		(Q: May. 2006 )
=	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	))
=	3.614	-	0.402	-	( 0.659	-	max(0, 3.362	-	1.341	+	0.659	))
=	5.233

Note: The Operating Income data used here is four times the quarterly (May. 2006) data.

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

Next10's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2006 is calculated as:

	ROC (Joel Greenblatt) %		(Q: May. 2006 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2006		Q: May. 2006
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-7.068	/	( ( (0.576 + max(-4.096, 0))	+	(0.572 + max(-2.68, 0)) )	/	2 )
=	-7.068	/	( ( 0.576	+	0.572 )	/	2 )
=	-7.068	/	0.574
=	-1,231.36 %

where Working Capital is:

	Working Capital		(Q: Feb. 2006 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.077	+	0.677	+	0.317)	-	(0.495	+	0	+	4.672)
=	-4.096

	Working Capital		(Q: May. 2006 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.098	+	0.334	+	0.25)	-	(0.402	+	0	+	2.96)
=	-2.68

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2006) EBIT data.

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

Next10's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: May. 2006 )
	=	-5.325	/	4.143
	=	-128.53 %

Next10 EBIT Related Terms

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Next10 (Next10) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Next10 Inc (OTCPK:NXTN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4663 S. Enterprise Street, Boise, ID, USA, 83705

Website

https://www.ultimateholdingscorp.com

Next10 Inc is engaged in the truck shipping of refrigerated and frozen food products. The company generates revenue from the freight shipments and also from leasing equipment to their independent owner-operators.