Alimco Financial (Alimco Financial) EBIT : $-2.82 Mil (TTM As of Jun. 2008)

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What is Alimco Financial EBIT?

Alimco Financial's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2008 was $-0.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2008 was $-2.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alimco Financial's annualized ROC % for the quarter that ended in Jun. 2008 was -22.82%. Alimco Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 was -79.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alimco Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2008 was -15.53%.

Alimco Financial EBIT Historical Data

The historical data trend for Alimco Financial'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.

Alimco Financial EBIT Chart

Alimco Financial Annual Data

Trend

Mar98

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Mar05

Mar06

Mar07

EBIT

Get a 7-Day Free Trial

-62.00

19.51

2.99

14.34

-7.71

Alimco Financial Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
EBIT	Get a 7-Day Free Trial															-1.38	-0.91	-0.73	-0.61	-0.57

Competitive Comparison of Alimco Financial's EBIT

For the Asset Management subindustry, Alimco Financial'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.

Alimco Financial's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alimco Financial's EV-to-EBIT distribution charts can be found below:

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

Alimco Financial 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.82 Mil.

Alimco Financial (OTCPK:ALMC) EBIT Explanation

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

Alimco Financial's annualized ROC % for the quarter that ended in Jun. 2008 is calculated as:

	ROC % (Q: Jun. 2008 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2008 )	+	Invested Capital (Q: Jun. 2008 ))	/ count )
=	-2.26 * ( 1 - 28.88% )	/	( (13.998	+	0.090000000000003)	/ 2 )
=	-1.607312	/	7.044
=	-22.82 %

where

	Invested Capital		(Q: Mar. 2008 )
=	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	))
=	87.27	-	0.341	-	( 72.931	-	max(0, 0.341	-	87.202	+	72.931	))
=	13.998

	Invested Capital		(Q: Jun. 2008 )
=	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	))
=	71.562	-	0.112	-	( 71.36	-	max(0, 0.112	-	71.494	+	71.36	))
=	0.090000000000003

Note: The Operating Income data used here is four times the quarterly (Jun. 2008) data.

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

Alimco Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2008 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2008		Q: Jun. 2008
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.26	/	( ( (0 + max(5.694, 0))	+	(0 + max(0.022, 0)) )	/	2 )
=	-2.26	/	( ( 5.694	+	0.022 )	/	2 )
=	-2.26	/	2.858
=	-79.08 %

where Working Capital is:

	Working Capital		(Q: Mar. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.401	+	0	+	5.634)	-	(0.341	+	0	+	0)
=	5.694

	Working Capital		(Q: Jun. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.134)	-	(0.112	+	0	+	0)
=	0.022

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2008) EBIT data.

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

Alimco Financial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2008 )
	=	-2.819	/	18.150
	=	-15.53 %

Alimco Financial EBIT Related Terms

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Alimco Financial (Alimco Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alimco Financial Corp (OTCPK:ALMC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3300 South Dixie Highway, Suite 1-365, West Palm Beach, FL, USA, 33405

Website

http://www.alimcofinancial.com

Alimco Financial Corp is an US based company focuses on business financing solutions. it is a diversified, national asset manager and alternative finance company that invests capital opportunistically into small businesses.

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