PASO (Patient Access Solutions) EBIT: $-3.37 Mil (TTM As of Oct. 2008)


What is Patient Access Solutions EBIT?

Patient Access Solutions PASO -99.00% EBIT is $-3.37 Mil as of Oct. 2008.

Patient Access Solutions's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2008 was $0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2008 was $-3.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Patient Access Solutions's annualized ROC % for the quarter that ended in Oct. 2008 was 0.00%. Patient Access Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2008 was 0.00%.

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

Patient Access Solutions  (OTCPK:PASO) EBIT Explanation

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

Patient Access Solutions's annualized ROC % for the quarter that ended in Oct. 2008 is calculated as:

ROC % (Q: Oct. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2008 ) + Invested Capital (Q: Oct. 2008 ))/ count )
=0 * ( 1 - 0% )/( (2.033 + 1.951)/ 2 )
=0/1.992
=0.00 %

where

Invested Capital(Q: Jul. 2008 )
=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))
=1.555 - 0.068 - ( 0.081 - max(0, 0.922 - 0.376+0.081))
=2.033

Invested Capital(Q: Oct. 2008 )
=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))
=0.984 - 0.264 - ( 0.193 - max(0, 1.492 - 0.261+0.193))
=1.951

Note: The Operating Income data used here is four times the quarterly (Oct. 2008) data.

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

Patient Access Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2008  Q: Oct. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0.292 + max(0.105, 0)) + (0.325 + max(-0.388, 0)) )/ 2 )
=0/( ( 0.397 + 0.325 )/ 2 )
=0/0.361
=0.00 %

where Working Capital is:

Working Capital(Q: Jul. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.056 + 0.041 + 0.184) - (0.068 + 0 + 0.108)
=0.105

Working Capital(Q: Oct. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 0.041 + 0.012) - (0.264 + 0.193 + -0.0010000000000001)
=-0.388

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2008) EBIT data.

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

Patient Access Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2008 )
=-3.372/0.000
= %

* 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.

Patient Access Solutions EBIT Related Terms

Patient Access Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Patient Access Solutions'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.

Patient Access Solutions EBIT Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
EBIT
-0.00 -0.03 0.00

Patient Access Solutions Quarterly Data
Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08
EBIT Get a 7-Day Free Trial Premium Member Only 0.33 -0.01 -0.81 -2.88 0.00

PASO vs AGHC, ESSI, UCBB: EBIT Comparison

For the Health Information Services subindustry, Patient Access Solutions'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.

Patient Access Solutions EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patient Access Solutions's EV-to-EBIT distribution charts can be found below:

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


Patient Access Solutions 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 Oct. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.37 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 $-3.37 Mil mean?
Patient Access Solutions (PASO) has a EBIT of $-3.37 Mil as of Oct. 2008. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Patient Access Solutions.
Is Patient Access Solutions' EBIT too high?
Patient Access Solutions' current EBIT is $-3.37 Mil.
How does Patient Access Solutions' EBIT compare to AGHC and ESSI?
Patient Access Solutions' EBIT of $-3.37 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services 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 Patient Access Solutions. Patient Access Solutions's current EBIT is $-3.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patient Access Solutions stock overvalued right now?
Patient Access Solutions (PASO) has a current EBIT of $-3.37 Mil. The current EBIT is $-3.37 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 Patient Access Solutions (PASO), the current EBIT is $-3.37 Mil as of Oct. 2008. 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.

Patient Access Solutions Business Description

Address 150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.