STYS (Stinger Systems) EBIT: $-16.18 Mil (TTM As of Sep. 2009)

What is Stinger Systems EBIT?

Stinger Systems STYS -99.00% EBIT is $-16.18 Mil as of Sep. 2009.

Stinger Systems's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2009 was $-3.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2009 was $-16.18 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stinger Systems's annualized ROC % for the quarter that ended in Sep. 2009 was -601.02%. Stinger Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2009 was -5,983.03%.

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

Stinger Systems (OTCPK:STYS) EBIT Explanation

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

Stinger Systems's annualized ROC % for the quarter that ended in Sep. 2009 is calculated as:

	ROC % (Q: Sep. 2009 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2009 )	+	Invested Capital (Q: Sep. 2009 ))	/ count )
=	-8.228 * ( 1 - 0% )	/	( (1.445	+	1.293)	/ 2 )
=	-8.228	/	1.369
=	-601.02 %

where

	Invested Capital		(Q: Jun. 2009 )
=	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	))
=	1.878	-	1.266	-	( 0.034	-	max(0, 1.321	-	0.488	+	0.034	))
=	1.445

	Invested Capital		(Q: Sep. 2009 )
=	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	))
=	1.722	-	1.197	-	( 0.02	-	max(0, 1.253	-	0.485	+	0.02	))
=	1.293

Note: The Operating Income data used here is four times the quarterly (Sep. 2009) data.

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

Stinger Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2009 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2009 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2009		Q: Sep. 2009
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-14.808	/	( ( (0.261 + max(-0.811, 0))	+	(0.234 + max(-0.732, 0)) )	/	2 )
=	-14.808	/	( ( 0.261	+	0.234 )	/	2 )
=	-14.808	/	0.2475
=	-5,983.03 %

where Working Capital is:

	Working Capital		(Q: Jun. 2009 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.056	+	0.169	+	0.229)	-	(1.266	+	0	+	-0.0010000000000001)
=	-0.811

	Working Capital		(Q: Sep. 2009 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.069	+	0.183	+	0.213)	-	(1.197	+	0	+	-2.2204460492503E-16)
=	-0.732

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2009) EBIT data.

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

Stinger Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2009 )
	=	-16.184	/	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.

Stinger Systems EBIT Related Terms

Stinger Systems EBIT Historical Data

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The historical data trend for Stinger Systems's EBIT can be seen below:

Stinger Systems EBIT Chart

Stinger Systems Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

EBIT

-10.17

-6.30

-4.68

-19.47

Stinger Systems Quarterly Data
	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
EBIT	Get a 7-Day Free Trial												-1.33	-13.88	-1.35	2.75	-3.70

STYS vs MDEX, NEIK, MICT: EBIT Comparison

For the Aerospace & Defense subindustry, Stinger Systems'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.

Stinger Systems EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Stinger Systems's EV-to-EBIT distribution charts can be found below:

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

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Stinger Systems 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.18 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-16.18 Mil mean?

Stinger Systems (STYS) has a EBIT of $-16.18 Mil as of Sep. 2009. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Stinger Systems.

Is Stinger Systems' EBIT too high?

Stinger Systems' current EBIT is $-16.18 Mil.

How does Stinger Systems' EBIT compare to MDEX and NEIK?

Stinger Systems' EBIT of $-16.18 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?

A good EBIT depends on the Aerospace & Defense 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 Stinger Systems. Stinger Systems's current EBIT is $-16.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Stinger Systems stock overvalued right now?

Stinger Systems (STYS) has a current EBIT of $-16.18 Mil. The current EBIT is $-16.18 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 Stinger Systems (STYS), the current EBIT is $-16.18 Mil as of Sep. 2009. 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.

Stinger Systems Business Description

Industry Industrials Aerospace & Defense

Comparable Companies BOM:509563 MDEX ASX:UUV NEIK SGX:5RC BOM:504176 OCSE:ROV XKLS:5194 XPAR:MLAIM XPAR:MLVER SGX:BEZ XSAT:AERW B MICT MKRS TIKK BOM:522229 TSXV:BPLI BOM:523606 OCSE:DAC BOSC

Address 5505 Johns Road, Suite 702, Tampa, FL, USA, 33634

Website http://www.stingersystems.com

Stinger Systems Inc is engaged in the production and sale of electronic stun devices for the control of, and to provide temporary incapacitation of, potentially dangerous persons.