ZDEC (Zenovia Digital Exchange) EBIT: $-0.10 Mil (TTM As of Mar. 2015)


What is Zenovia Digital Exchange EBIT?

Zenovia Digital Exchange ZDEC EBIT is $-0.10 Mil as of Mar. 2015.

Zenovia Digital Exchange's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2015 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zenovia Digital Exchange's annualized ROC % for the quarter that ended in Mar. 2015 was -147.63%. Zenovia Digital Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 was -237.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zenovia Digital Exchange's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2015 was -1,155.56%.

Zenovia Digital Exchange  (OTCPK:ZDEC) EBIT Explanation

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

Zenovia Digital Exchange's annualized ROC % for the quarter that ended in Mar. 2015 is calculated as:

ROC % (Q: Mar. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2014 ) + Invested Capital (Q: Mar. 2015 ))/ count )
=-0.42 * ( 1 - 0% )/( (0.233 + 0.336)/ 2 )
=-0.42/0.2845
=-147.63 %

where

Invested Capital(Q: Dec. 2014 )
=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))
=0.088 - 0.006 - ( 0.045 - max(0, 0.206 - 0.055+0.045))
=0.233

Invested Capital(Q: Mar. 2015 )
=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))
=0.387 - 0.01 - ( 0.041 - max(0, 0.21 - 0.362+0.041))
=0.336

Note: The Operating Income data used here is four times the quarterly (Mar. 2015) data.

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

Zenovia Digital Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2014  Q: Mar. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.42/( ( (0.033 + max(-0.004, 0)) + (0.025 + max(0.296, 0)) )/ 2 )
=-0.42/( ( 0.033 + 0.321 )/ 2 )
=-0.42/0.177
=-237.29 %

where Working Capital is:

Working Capital(Q: Dec. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (0.006 + 0 + -2.7755575615629E-17)
=-0.004

Working Capital(Q: Mar. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.306) - (0.01 + 0 + -2.7755575615629E-17)
=0.296

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2015) EBIT data.

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

Zenovia Digital Exchange's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=-0.104/0.009
=-1,155.56 %

* 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.

Zenovia Digital Exchange EBIT Related Terms

Zenovia Digital Exchange EBIT Historical Data

* Premium members only.

The historical data trend for Zenovia Digital Exchange'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.

Zenovia Digital Exchange EBIT Chart

Zenovia Digital Exchange Annual Data
Trend Dec12 Dec13 Dec14
EBIT
-0.14 -0.05 -0.01

Zenovia Digital Exchange Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 -0.00 0.01 -0.01 -0.00 -0.11

ZDEC vs EPXY, STTH, ZIMCF: EBIT Comparison

For the Software - Application subindustry, Zenovia Digital Exchange'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.

Zenovia Digital Exchange EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Zenovia Digital Exchange's EV-to-EBIT distribution charts can be found below:

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


Zenovia Digital Exchange 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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 $-0.10 Mil mean?
Zenovia Digital Exchange (ZDEC) has a EBIT of $-0.10 Mil as of Mar. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zenovia Digital Exchange.
Is Zenovia Digital Exchange's EBIT too high?
Zenovia Digital Exchange's current EBIT is $-0.10 Mil.
How does Zenovia Digital Exchange's EBIT compare to EPXY and STTH?
Zenovia Digital Exchange's EBIT of $-0.10 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Zenovia Digital Exchange. Zenovia Digital Exchange's current EBIT is $-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenovia Digital Exchange stock overvalued right now?
Zenovia Digital Exchange (ZDEC) has a current EBIT of $-0.10 Mil. The current EBIT is $-0.10 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 Zenovia Digital Exchange (ZDEC), the current EBIT is $-0.10 Mil as of Mar. 2015. 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.

Zenovia Digital Exchange Business Description

Address 3141 Fairview Park Drive, Suite 160, Falls Church, VA, USA, 22042
Zenovia Digital Exchange Corp designs and assembles motorsport racing vehicles for its own use and plans to compete in organized racing events. The company generates revenue from the leasing of race truck chassis and its motor coach to motorsports organizations competing in the NASACAR Camping World Truck Series.