TVCE (TVC Telecom) EBIT: $-1.42 Mil (TTM As of Dec. 2003)


What is TVC Telecom EBIT?

TVC Telecom TVCE EBIT is $-1.42 Mil as of Dec. 2003.

TVC Telecom's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2003 was $-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2003 was $-1.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TVC Telecom's annualized ROC % for the quarter that ended in Dec. 2003 was -107.97%. TVC Telecom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2003 was -185.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TVC Telecom's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2003 was -8,868.75%.

TVC Telecom  (OTCPK:TVCE) EBIT Explanation

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

TVC Telecom's annualized ROC % for the quarter that ended in Dec. 2003 is calculated as:

ROC % (Q: Dec. 2003 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2003 ) + Invested Capital (Q: Dec. 2003 ))/ count )
=-0.928 * ( 1 - 0% )/( (1.06 + 0.659)/ 2 )
=-0.928/0.8595
=-107.97 %

where

Invested Capital(Q: Sep. 2003 )
=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))
=1.569 - 1.858 - ( 0.064 - max(0, 2.065 - 0.716+0.064))
=1.06

Invested Capital(Q: Dec. 2003 )
=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))
=1.1 - 1.746 - ( 0.025 - max(0, 1.938 - 0.633+0.025))
=0.659

Note: The Operating Income data used here is four times the quarterly (Dec. 2003) data.

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

TVC Telecom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2003 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2003 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2003  Q: Dec. 2003
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.928/( ( (0.595 + max(-1.434, 0)) + (0.403 + max(-1.35, 0)) )/ 2 )
=-0.928/( ( 0.595 + 0.403 )/ 2 )
=-0.928/0.499
=-185.97 %

where Working Capital is:

Working Capital(Q: Sep. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.415 + 0 + 0.031) - (1.858 + 0 + 0.022)
=-1.434

Working Capital(Q: Dec. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.408 + 0 + 0.011) - (1.746 + 0 + 0.023)
=-1.35

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2003) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2003 )
=-1.419/0.016
=-8,868.75 %

* 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.

TVC Telecom EBIT Related Terms

TVC Telecom EBIT Historical Data

* Premium members only.

The historical data trend for TVC Telecom'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.

TVC Telecom EBIT Chart

TVC Telecom Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
EBIT
Get a 7-Day Free Trial -4.93 -4.82 -3.97 -1.80 -1.42

TVC Telecom Quarterly Data
Dec96 Dec97 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 -0.53 -0.53 -0.36 -0.30 -0.23

TVCE vs DIRV, FULO, TOWTF: EBIT Comparison

For the Telecom Services subindustry, TVC Telecom'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.

TVC Telecom EV-to-EBIT vs Telecommunication Services Industry

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

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


TVC Telecom 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. 2003 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 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 $-1.42 Mil mean?
TVC Telecom (TVCE) has a EBIT of $-1.42 Mil as of Dec. 2003. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TVC Telecom.
Is TVC Telecom's EBIT too high?
TVC Telecom's current EBIT is $-1.42 Mil.
How does TVC Telecom's EBIT compare to DIRV and FULO?
TVC Telecom's EBIT of $-1.42 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 TVC Telecom. TVC Telecom's current EBIT is $-1.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVC Telecom stock overvalued right now?
TVC Telecom (TVCE) has a current EBIT of $-1.42 Mil. The current EBIT is $-1.42 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 TVC Telecom (TVCE), the current EBIT is $-1.42 Mil as of Dec. 2003. 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.

TVC Telecom Business Description

Address 3550 Biscayne Boulevard, Suite 704, Miami, FL, USA, 33137
TVC Telecom Inc is a facilities-based telecommunications provider. The Company offers service to the business and consumer market segments with a particular focus on ethnic markets with a demand for international calling.