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Signature Eyewear (Signature Eyewear) EBIT : $0.42 Mil (TTM As of Apr. 2011)


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What is Signature Eyewear EBIT?

Signature Eyewear's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2011 was $0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2011 was $0.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Signature Eyewear's annualized ROC % for the quarter that ended in Apr. 2011 was 2.43%. Signature Eyewear's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2011 was 5.66%.

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


Signature Eyewear EBIT Historical Data

The historical data trend for Signature Eyewear'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.

Signature Eyewear EBIT Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 1.06 0.91 0.90 0.64

Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.17 0.08 0.12 0.04

Competitive Comparison of Signature Eyewear's EBIT

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.


Signature Eyewear's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Signature Eyewear's EV-to-EBIT distribution charts can be found below:

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



Signature Eyewear 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 Apr. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.42 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.


Signature Eyewear  (OTCPK:SEYE) EBIT Explanation

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

Signature Eyewear's annualized ROC % for the quarter that ended in Apr. 2011 is calculated as:

ROC % (Q: Apr. 2011 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2011 ) + Invested Capital (Q: Apr. 2011 ))/ count )
=0.176 * ( 1 - 18.18% )/( (5.931 + 5.936)/ 2 )
=0.1440032/5.9335
=2.43 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2011) data.

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

Signature Eyewear's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2011 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2011 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2011  Q: Apr. 2011
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.176/( ( (0.229 + max(2.809, 0)) + (0.222 + max(2.958, 0)) )/ 2 )
=0.176/( ( 3.038 + 3.18 )/ 2 )
=0.176/3.109
=5.66 %

where Working Capital is:

Working Capital(Q: Jan. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.616 + 4.023 + 0.787) - (4.617 + 0 + 0)
=2.809

Working Capital(Q: Apr. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.105 + 3.881 + 0.967) - (3.995 + 0 + 0)
=2.958

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2011) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2011 )
=0.421/0.000
= %

* 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.


Signature Eyewear EBIT Related Terms

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Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

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