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Solidus Communications (Solidus Communications) EBIT : $1.68 Mil (TTM As of Nov. 2016)


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What is Solidus Communications EBIT?

Solidus Communications's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2016 was $1.68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2016 was $1.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Solidus Communications's annualized ROC % for the quarter that ended in Nov. 2016 was -8.99%. Solidus Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2016 was 9,611.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Solidus Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2016 was 230.10%.


Solidus Communications EBIT Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications EBIT Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 -2.34 -0.06 0.67 1.68

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 -2.34 -0.06 0.67 1.68

Competitive Comparison of Solidus Communications's EBIT

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's EV-to-EBIT distribution charts can be found below:

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



Solidus Communications 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 Nov. 2016 was $1.68 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.


Solidus Communications  (OTCPK:SLDC) EBIT Explanation

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

Solidus Communications's annualized ROC % for the quarter that ended in Nov. 2016 is calculated as:

ROC % (Q: Nov. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2015 ) + Invested Capital (Q: Nov. 2016 ))/ count )
=-0.309 * ( 1 - 0% )/( (3.974 + 2.897)/ 2 )
=-0.309/3.4355
=-8.99 %

where

Note: The Operating Income data used here is one times the annual (Nov. 2016) data.

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

Solidus Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2015  Q: Nov. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.682/( ( (0.015 + max(-3.456, 0)) + (0.02 + max(-2.366, 0)) )/ 2 )
=1.682/( ( 0.015 + 0.02 )/ 2 )
=1.682/0.0175
=9,611.43 %

where Working Capital is:

Working Capital(Q: Nov. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.025) - (2.16 + 0 + 1.324)
=-3.456

Working Capital(Q: Nov. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.051) - (2.287 + 0 + 0.133)
=-2.366

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Nov. 2016) EBIT data.

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

Solidus Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2016 )
=1.682/0.731
=230.10 %

* 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.


Solidus Communications EBIT Related Terms

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Solidus Communications (Solidus Communications) Business Description

Traded in Other Exchanges
N/A
Address
454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174
Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

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