SSCC (Spirits Cap) Owner Earnings per Share (TTM): 0.00 (As of Sep. 2010)


What is Spirits Cap Owner Earnings per Share (TTM)?

Spirits Cap SSCC Owner Earnings per Share (TTM) is 0.00 as of Sep. 2010.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Spirits Cap does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Spirits Cap's Owner Earnings per Share (TTM) or its related term are showing as below:



SSCC's Price-to-Owner-Earnings is not ranked *
in the Software industry.
Industry Median: 17.24
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Spirits Cap's Earnings per Share (Diluted) for the three months ended in Dec. 2010 was $237.09. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2010 was $-926.05. It's PE Ratio (TTM) ratio for today is At Loss.

Spirits Cap's EPS without NRI for the three months ended in Dec. 2010 was $237.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2010 was $-926.05. It's PE Ratio without NRI ratio for today is At Loss.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Spirits Cap Owner Earnings per Share (TTM) Related Terms


Spirits Cap Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Spirits Cap's Owner Earnings per Share (TTM) 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.

Spirits Cap Owner Earnings per Share (TTM) Chart

Spirits Cap Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Spirits Cap Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
Owner Earnings per Share (TTM) 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 0.00 0.00 0.00 0.00 0.00

SSCC vs HYBT, SHNL, AQSP: Owner Earnings per Share (TTM) Comparison

For the Information Technology Services subindustry, Spirits Cap's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Spirits Cap Price-to-Owner-Earnings vs Software Industry

For the Software industry and Technology sector, Spirits Cap's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Spirits Cap's Price-to-Owner-Earnings falls into.



Spirits Cap Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Spirits Cap does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

What does a Owner Earnings per Share (TTM) of 0.00 mean?
Spirits Cap (SSCC) has a Owner Earnings per Share (TTM) of 0.00 as of Sep. 2010. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Spirits Cap.
Is Spirits Cap's Owner Earnings per Share (TTM) too high?
Spirits Cap's current Owner Earnings per Share (TTM) is 0.00.
How does Spirits Cap's Owner Earnings per Share (TTM) compare to HYBT and SHNL?
Spirits Cap's Owner Earnings per Share (TTM) of 0.00 can be compared against companies in the Software industry. The industry median Owner Earnings per Share (TTM) is 17.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Software company?
The median Owner Earnings per Share (TTM) among Software companies is 17.24, based on 1,211 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Spirits Cap. For the Software industry, the median Owner Earnings per Share (TTM) is 17.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirits Cap's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirits Cap stock overvalued right now?
Spirits Cap (SSCC) has a current Owner Earnings per Share (TTM) of 0.00. The current Owner Earnings per Share (TTM) is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Spirits Cap (SSCC), the current Owner Earnings per Share (TTM) is 0.00 as of Sep. 2010. 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.

Spirits Cap Business Description

Address 100 Bayview Circle, Suite 4100, Newport Beach, CA, USA, 92660
Spirits Cap Corp is a financial technology platform providing secured purchase of premium American Whiskey while maturing.