GURUFOCUS.COM » STOCK LIST » Technology » Software » TSS Inc (OTCPK:TSSI) » Definitions » EBIT

TSS (TSSI) EBIT : $1.75 Mil (TTM As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is TSS EBIT?

TSS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.75 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TSS's annualized ROC % for the quarter that ended in Dec. 2023 was 17.19%. TSS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 60.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TSS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.61%.


TSS EBIT Historical Data

The historical data trend for TSS'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.

TSS EBIT Chart

TSS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.50 -0.80 0.91 1.75

TSS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.72 -0.67 0.98 0.72 0.73

Competitive Comparison of TSS's EBIT

For the Information Technology Services subindustry, TSS'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.


TSS's EV-to-EBIT Distribution in the Software Industry

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

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



TSS 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.75 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.


TSS  (OTCPK:TSSI) EBIT Explanation

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

TSS's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2.9 * ( 1 - 4.27% )/( (21.948 + 10.345)/ 2 )
=2.77617/16.1465
=17.19 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

TSS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.9/( ( (4.888 + max(-28.247, 0)) + (4.69 + max(-11.56, 0)) )/ 2 )
=2.9/( ( 4.888 + 4.69 )/ 2 )
=2.9/4.789
=60.56 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.311 + 2.131 + 0.33500000000001) - (22.256 + 14.768 + 0)
=-28.247

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.527 + 2.343 + 0.302) - (14.362 + 3.37 + 0)
=-11.56

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1.75/10.538
=16.61 %

* 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.


TSS EBIT Related Terms

Thank you for viewing the detailed overview of TSS's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


TSS (TSSI) Business Description

Traded in Other Exchanges
N/A
Address
110 East Old Settlers Road, Round Rock, TX, USA, 78664
TSS Inc provides various services for planning, design, development, and maintenance of mission-critical facilities and information infrastructure, as well as integration services. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, and facilities management. Its Facilities unit which is involved in the design, project management and maintenance of data center and mission-critical business operations, and Systems Integration unit that integrates IT equipment for Original Equipment Manufacturer vendors and customers to use inside data center environments, including modular data centers. The activities are organized into two segments: facilities, and systems integration. It generates revenue from United States.
Executives
Darryll E Dewan director, officer: President and CEO 4400 VIA ESPERANZA, SANTA BARBARA CA 93110
Richard M. Metzler director 1805 WEST AVENUE, AUSTIN TX 78701
Matt Crichton officer: Sr. V.P., Business Development 101 LOCHINVAR COURT, CARY NC 27511
Kieran Brennan officer: Sr. V.P., Sales & Marketing 5131 BRIARGROVE LANE, DALLAS TX 75287
Gerard J Gallagher director, 10 percent owner, officer: President and COO 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Glen Ikeda 10 percent owner P.O. BOX 3306, AUBURN CA 95604
Peter H Woodward director 30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
John K Penver officer: Interim CFO 3709 HUMBLE COVE, AUSTIN TX 78730
Martin T. Olsen officer: Exec. VP, Sales & Marketing 2128 W. BRAKER LANE BK12, AUSTIN TX 78758
Thomas P Rosato director, 10 percent owner, officer: Chief Executive Officer 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Maura Mcnerney officer: Chief Financial Officer 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Ken Schwarz officer: Chief Financial Officer 14901 BOGLE DRIVE, SUITE 300, CHANTILLY VA 20151
Daniel J Phelps director 1001 O'BRIEN DRIVE, MENLO PARK CA 94025
Anthony Angelini director, officer: Chief Executive Officer
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022