Phoenix Apps (Phoenix Apps) EBIT : $-0.03 Mil (TTM As of Sep. 2019)

View and export this data going back to 2017. Start your Free Trial

What is Phoenix Apps EBIT?

Phoenix Apps's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Phoenix Apps's annualized ROC % for the quarter that ended in Sep. 2019 was -16.53%. Phoenix Apps's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was %.

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

Phoenix Apps EBIT Historical Data

The historical data trend for Phoenix Apps'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.

Phoenix Apps EBIT Chart

Phoenix Apps Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

EBIT

-0.01

-0.14

-0.07

-0.04

Phoenix Apps Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
EBIT	Get a 7-Day Free Trial											-0.01	-0.01	-0.02	-0.01	-0.01

Competitive Comparison of Phoenix Apps's EBIT

For the Software - Application subindustry, Phoenix Apps'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.

Phoenix Apps's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Phoenix Apps's EV-to-EBIT distribution charts can be found below:

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

Phoenix Apps 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Phoenix Apps (OTCPK:PXPP) EBIT Explanation

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

Phoenix Apps's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

	ROC % (Q: Sep. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2019 )	+	Invested Capital (Q: Sep. 2019 ))	/ count )
=	-0.02 * ( 1 - 0% )	/	( (0.12	+	0.122)	/ 2 )
=	-0.02	/	0.121
=	-16.53 %

where

	Invested Capital		(Q: Jun. 2019 )
=	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	-	0.065	-	( 0	-	max(0, 0.185	-	0	+	0	))
=	0.12

	Invested Capital		(Q: Sep. 2019 )
=	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	-	0.079	-	( 0	-	max(0, 0.201	-	0	+	0	))
=	0.122

Note: The Operating Income data used here is four times the quarterly (Sep. 2019) data.

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

Phoenix Apps's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2019		Q: Sep. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.02	/	( ( (0 + max(-0.065, 0))	+	(0 + max(-0.079, 0)) )	/	1 )
=	-0.02	/	( ( 0	+	0 )	/	1 )
=	-0.02	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.065	+	0	+	0)
=	-0.065

	Working Capital		(Q: Sep. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.079	+	0	+	0)
=	-0.079

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2019 )
	=	-0.031	/	0.000
	=	%

Phoenix Apps EBIT Related Terms

Thank you for viewing the detailed overview of Phoenix Apps's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Phoenix Apps (Phoenix Apps) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Phoenix Apps Inc (OTCPK:PXPP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1258-720 King Street West, Suite 200, Toronto, ON, CAN, M5V 3S5

Website

Phoenix Apps Inc develops mobile software applications for smartphones and tablets.

Phoenix Apps (Phoenix Apps) Headlines

No Headlines