TVTV (WhereverTV Broadcasting) EBIT: $-2.34 Mil (TTM As of Dec. 2017)


What is WhereverTV Broadcasting EBIT?

WhereverTV Broadcasting TVTV +29.17% EBIT is $-2.34 Mil as of Dec. 2017.

WhereverTV Broadcasting's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2017 was $-2.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2017 was $-2.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. WhereverTV Broadcasting's annualized ROC % for the quarter that ended in Dec. 2017 was -165.30%. WhereverTV Broadcasting's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was -4,924.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. WhereverTV Broadcasting's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was -49.93%.

WhereverTV Broadcasting  (OTCPK:TVTV) EBIT Explanation

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

WhereverTV Broadcasting's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=-2.339 * ( 1 - 0% )/( (1.329 + 1.501)/ 2 )
=-2.339/1.415
=-165.30 %

where

Invested Capital(Q: Dec. 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))
=0.27 - 1.163 - ( 0.017 - max(0, 2.239 - 0.017+0.017))
=1.329

Invested Capital(Q: Dec. 2017 )
=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))
=0.638 - 1.232 - ( 0.237 - max(0, 2.482 - 0.387+0.237))
=1.501

Note: The Operating Income data used here is one times the annual (Dec. 2017) data.

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

WhereverTV Broadcasting's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.339/( ( (0.028 + max(-1.162, 0)) + (0.067 + max(-1.083, 0)) )/ 2 )
=-2.339/( ( 0.028 + 0.067 )/ 2 )
=-2.339/0.0475
=-4,924.21 %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.163 + 0 + -0.0010000000000003)
=-1.162

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.15 + 0 + 0) - (1.232 + 0 + 0.0010000000000003)
=-1.083

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2017) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2017 )
=-2.339/4.685
=-49.93 %

* 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.

WhereverTV Broadcasting EBIT Related Terms

WhereverTV Broadcasting EBIT Historical Data

* Premium members only.

The historical data trend for WhereverTV Broadcasting'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.

WhereverTV Broadcasting EBIT Chart

WhereverTV Broadcasting Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.45 -0.43 -1.85 -2.34

WhereverTV Broadcasting Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec16 Dec17
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 -0.06 0.45 -0.43 -1.85 -2.34

TVTV vs XHLD, TAAG, MDEX: EBIT Comparison

For the Broadcasting subindustry, WhereverTV Broadcasting'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.

WhereverTV Broadcasting EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WhereverTV Broadcasting's EV-to-EBIT distribution charts can be found below:

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


WhereverTV Broadcasting 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 Dec. 2017 was $-2.34 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 $-2.34 Mil mean?
WhereverTV Broadcasting (TVTV) has a EBIT of $-2.34 Mil as of Dec. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on WhereverTV Broadcasting.
Is WhereverTV Broadcasting's EBIT too high?
WhereverTV Broadcasting's current EBIT is $-2.34 Mil.
How does WhereverTV Broadcasting's EBIT compare to XHLD and TAAG?
WhereverTV Broadcasting's EBIT of $-2.34 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 WhereverTV Broadcasting. WhereverTV Broadcasting's current EBIT is $-2.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WhereverTV Broadcasting stock overvalued right now?
WhereverTV Broadcasting (TVTV) has a current EBIT of $-2.34 Mil. The current EBIT is $-2.34 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 WhereverTV Broadcasting (TVTV), the current EBIT is $-2.34 Mil as of Dec. 2017. 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.

WhereverTV Broadcasting Business Description

Address 2230 S. McCall Road, Unit A, Englewood, FL, USA, 34224
WhereverTV Broadcasting Corp is a next-generation subscription television service providing consumers with pre-paid live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet-enabled device. Programming is accessed through the internet via an Over the Top (OTT) platform, and channel management is handled by the company's patented Global Interactive Program Guide (IPG) technology. It will be able to deliver channels and events to Smart TVs and digital media receivers, including, but not limited to: Google Chromecast, AppleTV, Amazon Fire TV, iPhone, iPad, Android Smartphone, and TabletPCs.