RINO (RINO International) EBIT: $52.2 Mil (TTM As of Sep. 2010)

What is RINO International EBIT?

RINO International RINO EBIT is $52.2 Mil as of Sep. 2010.

RINO International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2010 was $9.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2010 was $52.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RINO International's annualized ROC % for the quarter that ended in Sep. 2010 was 14.74%. RINO International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2010 was 19.69%.

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

RINO International (OTCPK:RINO) EBIT Explanation

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

RINO International's annualized ROC % for the quarter that ended in Sep. 2010 is calculated as:

	ROC % (Q: Sep. 2010 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2010 )	+	Invested Capital (Q: Sep. 2010 ))	/ count )
=	39.704 * ( 1 - 14.47% )	/	( (201.309	+	259.552)	/ 2 )
=	33.9588312	/	230.4305
=	14.74 %

where

	Invested Capital		(Q: Jun. 2010 )
=	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	))
=	300.875	-	11.529	-	( 88.037	-	max(0, 23.669	-	268.894	+	88.037	))
=	201.309

	Invested Capital		(Q: Sep. 2010 )
=	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	))
=	331.231	-	15.556	-	( 56.123	-	max(0, 40.407	-	285.405	+	56.123	))
=	259.552

Note: The Operating Income data used here is four times the quarterly (Sep. 2010) data.

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

RINO International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2010 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2010 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2010		Q: Sep. 2010
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	39.704	/	( ( (13.021 + max(163.789, 0))	+	(24.516 + max(201.929, 0)) )	/	2 )
=	39.704	/	( ( 176.81	+	226.445 )	/	2 )
=	39.704	/	201.6275
=	19.69 %

where Working Capital is:

	Working Capital		(Q: Jun. 2010 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(68.389	+	4.401	+	107.597)	-	(11.529	+	1.333	+	3.736)
=	163.789

	Working Capital		(Q: Sep. 2010 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(90.688	+	5.546	+	132.839)	-	(15.556	+	3.229	+	8.359)
=	201.929

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2010) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2010 )
	=	52.179	/	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.

RINO International EBIT Related Terms

RINO International EBIT Historical Data

* Premium members only.

The historical data trend for RINO International's EBIT can be seen below:

RINO International EBIT Chart

RINO International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

EBIT

-0.03

4.62

15.82

21.67

56.48

RINO International Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
EBIT	Get a 7-Day Free Trial															19.58	14.31	9.87	18.08	9.93

RINO vs THTI, CHGI: EBIT Comparison

For the Shell Companies subindustry, RINO International'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.

RINO International EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RINO International's EV-to-EBIT distribution charts can be found below:

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

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RINO International 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.2 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $52.2 Mil mean?

RINO International (RINO) has a EBIT of $52.2 Mil as of Sep. 2010. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on RINO International.

Is RINO International's EBIT too high?

RINO International's current EBIT is $52.2 Mil.

How does RINO International's EBIT compare to THTI and CHGI?

RINO International's EBIT of $52.2 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?

A good EBIT depends on the Diversified Financial 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 RINO International. RINO International's current EBIT is $52.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is RINO International stock overvalued right now?

RINO International (RINO) has a current EBIT of $52.2 Mil. The current EBIT is $52.2 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 RINO International (RINO), the current EBIT is $52.2 Mil as of Sep. 2010. 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.

RINO International Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies BOM:537326 XSAT:ECOM BOM:530407 BOM:526604 WAR:PTE BSE:ECT ASX:EGY TSXV:AAT THTI BOM:517467 BOM:513149 WAR:GTP NGM:XAVI B WAR:APS CHGI BSE:ARM BOM:500246 ASX:MSI BOM:505690 BOM:522091

Address 26 Rio Grande Street, Suite 2702, Salt Lake City, UT, USA, 84101

RINO International Corp is in the business of identifying and acquiring strategic intellectual property in the agricultural technology, biotechnologies, and energy industries.