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Archon (Archon) EBIT : $1.16 Mil (TTM As of Dec. 2010)


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What is Archon EBIT?

Archon's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2010 was $0.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2010 was $1.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Archon's annualized ROC % for the quarter that ended in Dec. 2010 was -0.11%. Archon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2010 was 0.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Archon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2010 was 0.95%.


Archon EBIT Historical Data

The historical data trend for Archon'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.

Archon EBIT Chart

Archon Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 6.89 61.02 0.36 1.13

Archon Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 Premium Member Only Premium Member Only Premium Member Only 0.27 0.98 -0.03 -0.09 0.30

Competitive Comparison of Archon's EBIT

For the Resorts & Casinos subindustry, Archon'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.


Archon's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Archon's EV-to-EBIT distribution charts can be found below:

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



Archon 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.16 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.


Archon  (OTCPK:ARHN) EBIT Explanation

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

Archon's annualized ROC % for the quarter that ended in Dec. 2010 is calculated as:

ROC % (Q: Dec. 2010 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2010 ) + Invested Capital (Q: Dec. 2010 ))/ count )
=-0.388 * ( 1 - 50% )/( (167.399 + 171.753)/ 2 )
=-0.194/169.576
=-0.11 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2010) data.

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

Archon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2010 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2010 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2010  Q: Dec. 2010
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.184/( ( (148.949 + max(-5.699, 0)) + (96.682 + max(-9.297, 0)) )/ 2 )
=1.184/( ( 148.949 + 96.682 )/ 2 )
=1.184/122.8155
=0.96 %

where Working Capital is:

Working Capital(Q: Sep. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.19 + 0.152 + 1.844) - (3.644 + 3.427 + 0.814)
=-5.699

Working Capital(Q: Dec. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.184 + 0.156 + 1.614) - (3.206 + 3.427 + 4.618)
=-9.297

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2010) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2010 )
=1.158/121.590
=0.95 %

* 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.


Archon EBIT Related Terms

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Archon (Archon) Business Description

Traded in Other Exchanges
N/A
Address
2200 Casino Drive, Laughlin, NV, USA, 89029
Archon Corp is a United States based company focused on operating the Pioneer Hotel & Gambling Hall in Laughlin through its wholly-owned subsidiary. It is engaged in operating hotel and casino activities. In addition, the company also owns real estates and investment properties.
Executives
Richard J Taggart director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
D. E. Shaw & Co, L.p. 10 percent owner, other: See footnotes 1 and 2. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
David E Shaw 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw Laminar Portfolios, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036

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