XCOMQ (Xtera Communications) EBIT: $-41.69 Mil (TTM As of Jun. 2016)

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What is Xtera Communications EBIT?

Xtera Communications XCOMQ -99.00% EBIT is $-41.69 Mil as of Jun. 2016.

Xtera Communications's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2016 was $-22.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-41.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xtera Communications's annualized ROC % for the quarter that ended in Jun. 2016 was -261.25%. Xtera Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was -2,123.45%.

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

Xtera Communications  (OTCPK:XCOMQ) EBIT Explanation

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

Xtera Communications's annualized ROC % for the quarter that ended in Jun. 2016 is calculated as:

ROC % (Q: Jun. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2016 ) + Invested Capital (Q: Jun. 2016 ))/ count )
=-87.432 * ( 1 - 0% )/( (33.884 + 33.05)/ 2 )
=-87.432/33.467
=-261.25 %

where

Invested Capital(Q: Mar. 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))
=57.074 - 23.875 - ( 2.568 - max(0, 43.817 - 43.132+2.568))
=33.884

Invested Capital(Q: Jun. 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))
=49.463 - 40.017 - ( 0.614 - max(0, 58.833 - 35.229+0.614))
=33.05

Note: The Operating Income data used here is four times the quarterly (Jun. 2016) data.

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

Xtera Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2016  Q: Jun. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-91.68/( ( (3.359 + max(1.353, 0)) + (3.923 + max(-23.378, 0)) )/ 2 )
=-91.68/( ( 4.712 + 3.923 )/ 2 )
=-91.68/4.3175
=-2,123.45 %

where Working Capital is:

Working Capital(Q: Mar. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.718 + 13.066 + 4.508) - (23.875 + 1.769 + 3.295)
=1.353

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.198 + 11.724 + 6.43) - (40.017 + 2.966 + 3.747)
=-23.378

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2016) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=-41.685/0.000
= %

* 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.

Xtera Communications EBIT Related Terms

Xtera Communications EBIT Historical Data

* Premium members only.

The historical data trend for Xtera 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.

Xtera Communications EBIT Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
EBIT
-21.79 -21.64 -12.78

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
EBIT Get a 7-Day Free Trial Premium Member Only -3.60 -5.71 -6.81 -6.24 -22.92

XCOMQ vs TAIT, AEY: EBIT Comparison

For the Communication Equipment subindustry, Xtera 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.

Xtera Communications EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Xtera Communications's EV-to-EBIT distribution charts can be found below:

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


Xtera 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41.69 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 $-41.69 Mil mean?
Xtera Communications (XCOMQ) has a EBIT of $-41.69 Mil as of Jun. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Xtera Communications.
Is Xtera Communications' EBIT too high?
Xtera Communications' current EBIT is $-41.69 Mil.
How does Xtera Communications' EBIT compare to TAIT and AEY?
Xtera Communications' EBIT of $-41.69 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Xtera Communications. Xtera Communications's current EBIT is $-41.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current EBIT of $-41.69 Mil. The current EBIT is $-41.69 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 Xtera Communications (XCOMQ), the current EBIT is $-41.69 Mil as of Jun. 2016. 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.