VXIT (VirExit Technologies) EBIT: $-1.58 Mil (TTM As of May. 2019)


What is VirExit Technologies EBIT?

VirExit Technologies VXIT EBIT is $-1.58 Mil as of May. 2019.

VirExit Technologies's earnings before interest and taxes (EBIT) for the three months ended in May. 2019 was $-0.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2019 was $-1.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VirExit Technologies's annualized ROC % for the quarter that ended in May. 2019 was -41.58%. VirExit Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2019 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VirExit Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2019 was -72.36%.

VirExit Technologies  (OTCPK:VXIT) EBIT Explanation

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

VirExit Technologies's annualized ROC % for the quarter that ended in May. 2019 is calculated as:

ROC % (Q: May. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2019 ) + Invested Capital (Q: May. 2019 ))/ count )
=-0.776 * ( 1 - 0% )/( (1.838 + 1.895)/ 2 )
=-0.776/1.8665
=-41.58 %

where

Invested Capital(Q: Feb. 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))
=0.028 - 1.195 - ( 0.019 - max(0, 3.033 - 0.028+0.019))
=1.838

Invested Capital(Q: May. 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))
=0.049 - 1.185 - ( 0.041 - max(0, 3.08 - 0.049+0.041))
=1.895

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2019  Q: May. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.92/( ( (0 + max(-1.604, 0)) + (0 + max(-1.727, 0)) )/ 2 )
=-3.92/( ( 0 + 0 )/ 2 )
=-3.92/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.009) - (1.195 + 0 + 0.418)
=-1.604

Working Capital(Q: May. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.008) - (1.185 + 0 + 0.55)
=-1.727

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2019 )
=-1.584/2.189
=-72.36 %

* 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.

VirExit Technologies EBIT Related Terms

VirExit Technologies EBIT Historical Data

* Premium members only.

The historical data trend for VirExit Technologies'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.

VirExit Technologies EBIT Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
EBIT
0.00 -2.16 -0.85 -1.09 -1.04

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 -0.12 -0.30 -0.32 0.01 -0.98

VXIT vs RIHT, GEQU, NNUP: EBIT Comparison

For the Utilities - Renewable subindustry, VirExit Technologies'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.

VirExit Technologies EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, VirExit Technologies's EV-to-EBIT distribution charts can be found below:

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


VirExit Technologies 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 May. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.58 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 $-1.58 Mil mean?
VirExit Technologies (VXIT) has a EBIT of $-1.58 Mil as of May. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on VirExit Technologies.
Is VirExit Technologies' EBIT too high?
VirExit Technologies' current EBIT is $-1.58 Mil.
How does VirExit Technologies' EBIT compare to RIHT and GEQU?
VirExit Technologies' EBIT of $-1.58 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers 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 VirExit Technologies. VirExit Technologies's current EBIT is $-1.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current EBIT of $-1.58 Mil. The current EBIT is $-1.58 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 VirExit Technologies (VXIT), the current EBIT is $-1.58 Mil as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.