SPDC (Speed Commerce) EBIT: $-34.8 Mil (TTM As of Dec. 2015)


What is Speed Commerce EBIT?

Speed Commerce SPDC EBIT is $-34.8 Mil as of Dec. 2015.

Speed Commerce's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2015 was $-11.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $-34.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Speed Commerce's annualized ROC % for the quarter that ended in Dec. 2015 was -23.53%. Speed Commerce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was -262.58%.

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

Speed Commerce  (OTCPK:SPDC) EBIT Explanation

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

Speed Commerce's annualized ROC % for the quarter that ended in Dec. 2015 is calculated as:

ROC % (Q: Dec. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2015 ) + Invested Capital (Q: Dec. 2015 ))/ count )
=-45.708 * ( 1 - 0.55% )/( (220.602 + 165.765)/ 2 )
=-45.456606/193.1835
=-23.53 %

where

Invested Capital(Q: Sep. 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))
=133.617 - 15.742 - ( 2.011 - max(0, 136.217 - 33.49+2.011))
=220.602

Invested Capital(Q: Dec. 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))
=75.045 - 21.822 - ( 5.068 - max(0, 150.63 - 38.088+5.068))
=165.765

Note: The Operating Income data used here is four times the quarterly (Dec. 2015) data.

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

Speed Commerce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2015  Q: Dec. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-45.708/( ( (21.391 + max(5.502, 0)) + (7.922 + max(-0.89100000000001, 0)) )/ 2 )
=-45.708/( ( 26.893 + 7.922 )/ 2 )
=-45.708/17.4075
=-262.58 %

where Working Capital is:

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.848 + 1.575 + 10.056) - (15.742 + 6.629 + 3.606)
=5.502

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.772 + 0.732 + 11.516) - (21.822 + 9.289 + 2.8)
=-0.89100000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2015) EBIT data.

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

Speed Commerce's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=-34.829/0.000
= %

* 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.

Speed Commerce EBIT Related Terms

Speed Commerce EBIT Historical Data

* Premium members only.

The historical data trend for Speed Commerce'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.

Speed Commerce EBIT Chart

Speed Commerce Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 -8.88 -5.11 -5.73 -23.80

Speed Commerce Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -2.54 -16.56 -1.64 -5.20 -11.43

SPDC vs RMDM, BVTK, LAAB: EBIT Comparison

For the Software - Application subindustry, Speed Commerce'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.

Speed Commerce EV-to-EBIT vs Software Industry

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

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


Speed Commerce 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 Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-34.8 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 $-34.8 Mil mean?
Speed Commerce (SPDC) has a EBIT of $-34.8 Mil as of Dec. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Speed Commerce.
Is Speed Commerce's EBIT too high?
Speed Commerce's current EBIT is $-34.8 Mil.
How does Speed Commerce's EBIT compare to RMDM and BVTK?
Speed Commerce's EBIT of $-34.8 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Speed Commerce. Speed Commerce's current EBIT is $-34.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speed Commerce stock overvalued right now?
Speed Commerce (SPDC) has a current EBIT of $-34.8 Mil. The current EBIT is $-34.8 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 Speed Commerce (SPDC), the current EBIT is $-34.8 Mil as of Dec. 2015. 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.

Speed Commerce Business Description

Address 1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081
Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.