PPJE (PPJ Healthcare Enterprises) EBIT: $0.12 Mil (TTM As of Dec. 2009)


What is PPJ Healthcare Enterprises EBIT?

PPJ Healthcare Enterprises PPJE -98.00% EBIT is $0.12 Mil as of Dec. 2009.

PPJ Healthcare Enterprises's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2009 was $0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2009 was $0.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PPJ Healthcare Enterprises's annualized ROC % for the quarter that ended in Dec. 2009 was 1.86%. PPJ Healthcare Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2009 was 393.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PPJ Healthcare Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2009 was 27.87%.

PPJ Healthcare Enterprises  (OTCPK:PPJE) EBIT Explanation

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

PPJ Healthcare Enterprises's annualized ROC % for the quarter that ended in Dec. 2009 is calculated as:

ROC % (Q: Dec. 2009 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2008 ) + Invested Capital (Q: Dec. 2009 ))/ count )
=0.124 * ( 1 - 0% )/( (6.632 + 6.73)/ 2 )
=0.124/6.681
=1.86 %

where

Invested Capital(Q: Dec. 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))
=4.754 - 1.087 - ( 0 - max(0, 3.18 - 0.215+0))
=6.632

Invested Capital(Q: Dec. 2009 )
=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))
=5.443 - 1.122 - ( 0 - max(0, 2.848 - 0.439+0))
=6.73

Note: The Operating Income data used here is one times the annual (Dec. 2009) data.

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

PPJ Healthcare Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2009 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2009 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2008  Q: Dec. 2009
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.124/( ( (0.03 + max(-2.965, 0)) + (0.033 + max(-2.407, 0)) )/ 2 )
=0.124/( ( 0.03 + 0.033 )/ 2 )
=0.124/0.0315
=393.65 %

where Working Capital is:

Working Capital(Q: Dec. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.165 + 0.05 + 0) - (1.087 + 0 + 2.093)
=-2.965

Working Capital(Q: Dec. 2009 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.384 + 0.055 + 0) - (1.122 + 0 + 1.724)
=-2.407

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2009) EBIT data.

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

PPJ Healthcare Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2009 )
=0.124/0.445
=27.87 %

* 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.

PPJ Healthcare Enterprises EBIT Related Terms

PPJ Healthcare Enterprises EBIT Historical Data

* Premium members only.

The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises EBIT Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
EBIT
Get a 7-Day Free Trial -1.18 -2.55 -2.00 0.00 0.12

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
EBIT Get a 7-Day Free Trial -1.18 -2.55 -2.00 0.00 0.12

PPJE vs LOGQ, MDFI, NMXS: EBIT Comparison

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises EV-to-EBIT vs Healthcare Providers & Services Industry

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

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


PPJ Healthcare Enterprises 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. 2009 was $0.12 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 $0.12 Mil mean?
PPJ Healthcare Enterprises (PPJE) has a EBIT of $0.12 Mil as of Dec. 2009. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PPJ Healthcare Enterprises.
Is PPJ Healthcare Enterprises' EBIT too high?
PPJ Healthcare Enterprises' current EBIT is $0.12 Mil.
How does PPJ Healthcare Enterprises' EBIT compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' EBIT of $0.12 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 PPJ Healthcare Enterprises. PPJ Healthcare Enterprises's current EBIT is $0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current EBIT of $0.12 Mil. The current EBIT is $0.12 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 PPJ Healthcare Enterprises (PPJE), the current EBIT is $0.12 Mil as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.