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Voltari (Voltari) EBIT : $-1.44 Mil (TTM As of Jun. 2019)


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What is Voltari EBIT?

Voltari's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2019 was $-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2019 was $-1.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Voltari's annualized ROC % for the quarter that ended in Jun. 2019 was -1.92%. Voltari's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was %.

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

Voltari EBIT Historical Data

The historical data trend for Voltari'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.

Voltari EBIT Chart

Voltari Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.00 -5.02 -2.96 -1.71 -0.86

Voltari Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -0.16 -0.13 -0.15 -0.67 -0.50

Competitive Comparison of Voltari's EBIT

For the Real Estate - Development subindustry, Voltari'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.

Voltari's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Voltari's EV-to-EBIT distribution charts can be found below:

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


Voltari 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.44 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.

Voltari  (GREY:VLTCP.PFD) EBIT Explanation

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

Voltari's annualized ROC % for the quarter that ended in Jun. 2019 is calculated as:

ROC % (Q: Jun. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2019 ) + Invested Capital (Q: Jun. 2019 ))/ count )
=-0.416 * ( 1 - 0% )/( (21.659 + 21.589)/ 2 )
=-0.416/21.624
=-1.92 %

where

Invested Capital(Q: Mar. 2019 )
=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))
=23.145 - 4.741 - ( 0.577 - max(0, 4.741 - 1.486+0.577))
=21.659

Invested Capital(Q: Jun. 2019 )
=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))
=22.429 - 4.859 - ( 0.161 - max(0, 4.859 - 0.84+0.161))
=21.589

Note: The Operating Income data used here is four times the quarterly (Jun. 2019) data.

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

Voltari's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2019  Q: Jun. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.988/( ( (0 + max(-4.036, 0)) + (0 + max(-4.18, 0)) )/ 2 )
=-1.988/( ( 0 + 0 )/ 2 )
=-1.988/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.705) - (4.741 + 0 + 0)
=-4.036

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.679) - (4.859 + 0 + 0)
=-4.18

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2019 )
=-1.441/0.000
= %

* 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.

Voltari EBIT Related Terms

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Voltari (Voltari) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Voltari Corp (GREY:VLTCP.PFD) » Definitions » EBIT
Comparable Companies
XCNQ:AFD BTLN BOM:539042 XAMS:KARD SGX:BJL BOM:531746 BOM:526654 WAR:KCI ISX:BCIP XCNQ:CIM BOM:538970 ASX:VP7 NSE:ARTNIRMAN BOM:530677 XKLS:9539 BOM:542231 BOM:509048 WAR:RHD KUW:EFFECT XPAE:AQARIYA
Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, Suite 4700, New York, NY, USA, 10153
Website
http://www.voltari.com
Voltari Corp is a US-based company which is in the business of acquiring, financing and leasing commercial real properties. The company owns two commercial real properties in Long Branch, New Jersey and in Flanders, New York. It leases its property to JPMorgan Chase Bank, N.A, and 7-Eleven Corporation. The company operates through the single segment being the Acquiring, financing, and leasing commercial real estate properties. The company derives its revenue from the rental income received through the leasing agreements.