GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » World Wireless Communications Inc (OTCPK:WWRL) » Definitions » EBIT

World Wireless Communications (World Wireless Communications) EBIT : $-4.53 Mil (TTM As of Dec. 2002)


View and export this data going back to 2003. Start your Free Trial

What is World Wireless Communications EBIT?

World Wireless Communications's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2002 was $-1.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2002 was $-4.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. World Wireless Communications's annualized ROC % for the quarter that ended in Dec. 2002 was -56.50%. World Wireless Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2002 was -2,090.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. World Wireless Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2002 was -900.60%.


World Wireless Communications EBIT Historical Data

The historical data trend for World Wireless Communications'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.

World Wireless Communications EBIT Chart

World Wireless Communications Annual Data
Trend Dec99 Dec00 Dec01 Dec02
EBIT
-8.15 -3.61 -6.87 -4.53

World Wireless Communications Quarterly Data
Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02
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 -1.55 -1.16 -1.10 -1.11 -1.16

Competitive Comparison of World Wireless Communications's EBIT

For the Telecom Services subindustry, World Wireless Communications'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.


World Wireless Communications's EV-to-EBIT Distribution in the Telecommunication Services Industry

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

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



World Wireless Communications 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. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.53 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.


World Wireless Communications  (OTCPK:WWRL) EBIT Explanation

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

World Wireless Communications's annualized ROC % for the quarter that ended in Dec. 2002 is calculated as:

ROC % (Q: Dec. 2002 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2002 ) + Invested Capital (Q: Dec. 2002 ))/ count )
=-4.62 * ( 1 - % )/( (7.761 + 8.594)/ 2 )
=-4.62/8.1775
=-56.50 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2002) data.

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

World Wireless Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2002 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2002 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2002  Q: Dec. 2002
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.62/( ( (0.227 + max(-7.747, 0)) + (0.215 + max(-9.013, 0)) )/ 2 )
=-4.62/( ( 0.227 + 0.215 )/ 2 )
=-4.62/0.221
=-2,090.50 %

where Working Capital is:

Working Capital(Q: Sep. 2002 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.043 + 0.465 + 0.166) - (0.905 + 0.03 + 7.486)
=-7.747

Working Capital(Q: Dec. 2002 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.065 + 0.412 + 0.04) - (1.173 + 0.03 + 8.327)
=-9.013

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2002) EBIT data.

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

World Wireless Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2002 )
=-4.53/0.503
=-900.60 %

* 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.


World Wireless Communications EBIT Related Terms

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


World Wireless Communications (World Wireless Communications) Business Description

Traded in Other Exchanges
N/A
Address
5670 Greenwood Plaza Blvd., Penthouse, Greenwood Village, CO, USA, 80111
World Wireless Communications Inc is a telecom service provider in the United States. The firm is engaged as a developer of wired and wireless telemetry and remote control systems.
Executives
Marty Steinberg 10 percent owner 1111 BRICKELL AVENUE SUITE 2500, MIAMI FL 33131

World Wireless Communications (World Wireless Communications) Headlines

No Headlines