OAT (OATN) EBIT: $-2.14 Mil (TTM As of Feb. 2012)


What is OAT EBIT?

OAT OATN EBIT is $-2.14 Mil as of Feb. 2012.

OAT's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2012 was $-2.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2012 was $-2.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OAT's annualized ROC % for the quarter that ended in Feb. 2012 was -204.60%. OAT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2012 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OAT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2012 was -60.23%.

OAT  (OTCPK:OATN) EBIT Explanation

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

OAT's annualized ROC % for the quarter that ended in Feb. 2012 is calculated as:

ROC % (Q: Feb. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2011 ) + Invested Capital (Q: Feb. 2012 ))/ count )
=-2.137 * ( 1 - 0% )/( (0 + 2.089)/ 2 )
=-2.137/1.0445
=-204.60 %

where

Invested Capital(Q: Feb. 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))
=0.001 - 2.738 - ( 0.001 - max(0, 2.738 - 0.001+0.001))
=0

Invested Capital(Q: Feb. 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))
=2.263 - 1.299 - ( 0.088 - max(0, 1.299 - 0.174+0.088))
=2.089

Note: The Operating Income data used here is one times the annual (Feb. 2012) data.

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

OAT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2011  Q: Feb. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.137/( ( (0 + max(-2.738, 0)) + (0 + max(-1.213, 0)) )/ 2 )
=-2.137/( ( 0 + 0 )/ 2 )
=-2.137/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.738 + 0 + 0)
=-2.738

Working Capital(Q: Feb. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.086) - (1.299 + 0 + 0)
=-1.213

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Feb. 2012) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2012 )
=-2.137/3.548
=-60.23 %

* 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.

OAT EBIT Related Terms

OAT EBIT Historical Data

* Premium members only.

The historical data trend for OAT'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.

OAT EBIT Chart

OAT Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12
EBIT
-0.01 -0.03 -0.02 -2.64 -2.14

OAT Semi-Annual Data
Feb08 Feb09 Feb10 Feb11 Feb12
EBIT -0.01 -0.03 -0.02 -2.64 -2.14

OATN vs AEHL, ILAG, TT: EBIT Comparison

For the Building Products & Equipment subindustry, OAT'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.

OAT EV-to-EBIT vs Construction Industry

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

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


OAT 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 Feb. 2012 was $-2.14 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-2.14 Mil mean?
OAT (OATN) has a EBIT of $-2.14 Mil as of Feb. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on OAT.
Is OAT's EBIT too high?
OAT's current EBIT is $-2.14 Mil.
How does OAT's EBIT compare to AEHL and ILAG?
OAT's EBIT of $-2.14 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on OAT. OAT's current EBIT is $-2.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OAT stock overvalued right now?
OAT (OATN) has a current EBIT of $-2.14 Mil. The current EBIT is $-2.14 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For OAT (OATN), the current EBIT is $-2.14 Mil as of Feb. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OAT Business Description

Address 12106 Park Street, Cerritos, CA, USA, 90703
OAT Inc builds HVAC system package to control the usage time and temperature in each room using a computer utilizing the Direct Digital Control Program. The HVAC system is composed of Chiller, Cooling Tower, Chilled and Hot Water Pump, Hydronic Piping System.