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


What is Solidus Communications EBIT?

Solidus Communications SLDC EBIT is $1.68 Mil as of Nov. 2016.

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 309.19%.

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

Invested Capital(Q: Nov. 2015 )
=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))
=0.057 - 2.16 - ( 0.008 - max(0, 6.113 - 0.036+0.008))
=3.974

Invested Capital(Q: Nov. 2016 )
=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))
=0.097 - 2.287 - ( 0.021 - max(0, 5.162 - 0.075+0.021))
=2.897

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 )
=1.682/0.544
=309.19 %

* 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

Solidus Communications EBIT Historical Data

* Premium members only.

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.

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

SLDC vs HMMR, DTGI, TMUS: EBIT Comparison

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 EV-to-EBIT vs 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $1.68 Mil mean?
Solidus Communications (SLDC) has a EBIT of $1.68 Mil as of Nov. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Solidus Communications.
Is Solidus Communications' EBIT too high?
Solidus Communications' current EBIT is $1.68 Mil.
How does Solidus Communications' EBIT compare to HMMR and DTGI?
Solidus Communications' EBIT of $1.68 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good EBIT depends on the Telecommunication 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 Solidus Communications. Solidus Communications's current EBIT is $1.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current EBIT of $1.68 Mil. The current EBIT is $1.68 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 Solidus Communications (SLDC), the current EBIT is $1.68 Mil as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.