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Conservative Broadcast Media & Journalism (Conservative Broadcast Media & Journalism) EBIT : $-2.13 Mil (TTM As of Jun. 2011)


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What is Conservative Broadcast Media & Journalism EBIT?

Conservative Broadcast Media & Journalism's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2011 was $-1.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2011 was $-2.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Conservative Broadcast Media & Journalism's annualized ROC % for the quarter that ended in Jun. 2011 was -368.93%. Conservative Broadcast Media & Journalism's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2011 was -5,700.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Conservative Broadcast Media & Journalism's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2011 was -17.34%.

Conservative Broadcast Media & Journalism EBIT Historical Data

The historical data trend for Conservative Broadcast Media & Journalism'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.

Conservative Broadcast Media & Journalism EBIT Chart

Conservative Broadcast Media & Journalism Annual Data
Trend Dec08 Dec09 Dec10
EBIT
-3.96 -1.88 -1.99

Conservative Broadcast Media & Journalism Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.20 -0.13 -0.35 -0.12 -1.53

Competitive Comparison of Conservative Broadcast Media & Journalism's EBIT

For the Specialty Business Services subindustry, Conservative Broadcast Media & Journalism'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.

Conservative Broadcast Media & Journalism's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Conservative Broadcast Media & Journalism's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Conservative Broadcast Media & Journalism's EV-to-EBIT falls into.


Conservative Broadcast Media & Journalism 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.13 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.

Conservative Broadcast Media & Journalism  (OTCPK:CBMJ) EBIT Explanation

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

Conservative Broadcast Media & Journalism's annualized ROC % for the quarter that ended in Jun. 2011 is calculated as:

ROC % (Q: Jun. 2011 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2011 ) + Invested Capital (Q: Jun. 2011 ))/ count )
=-6.128 * ( 1 - % )/( (0.487 + 2.835)/ 2 )
=-6.128/1.661
=-368.93 %

where

Invested Capital(Q: Mar. 2011 )
=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))
=0.282 - 0.995 - ( 0 - max(0, 1.2 - 0+0))
=0.487

Invested Capital(Q: Jun. 2011 )
=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))
=0.298 - 1.176 - ( 0.025 - max(0, 3.738 - 0.025+0.025))
=2.835

Note: The Operating Income data used here is four times the quarterly (Jun. 2011) data.

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

Conservative Broadcast Media & Journalism's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2011 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2011 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2011  Q: Jun. 2011
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.128/( ( (0.111 + max(-0.995, 0)) + (0.104 + max(-3.533, 0)) )/ 2 )
=-6.128/( ( 0.111 + 0.104 )/ 2 )
=-6.128/0.1075
=-5,700.47 %

where Working Capital is:

Working Capital(Q: Mar. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.995 + 0 + 0)
=-0.995

Working Capital(Q: Jun. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.176 + 0 + 2.357)
=-3.533

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2011) EBIT data.

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

Conservative Broadcast Media & Journalism's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2011 )
=-2.129/12.275
=-17.34 %

* 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.

Conservative Broadcast Media & Journalism EBIT Related Terms

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Conservative Broadcast Media & Journalism (Conservative Broadcast Media & Journalism) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Conservative Broadcast Media & Journalism Inc (OTCPK:CBMJ) » Definitions » EBIT
Comparable Companies
XCNQ:AYL XLIS:LIT BOM:531592 BOM:538575 WAR:LTG BOM:530177 IVFZF BOM:509650 WAR:TXN WAR:CWP WAR:CCT BOM:505320 WAR:BTG BOM:523712 CVOVQ WAR:COM WAR:ARI WAR:ACA PRZM WAR:CWA
Traded in Other Exchanges
N/A
Address
5220 Jimmy Lee Smith Parkway, Suite 104, PMB 312, Hiram, GA, USA, 30141
Website
https://www.cbmjinc.com
Conservative Broadcast Media & Journalism Inc, through its wholly-owned subsidiary, operates numerous social media accounts. It operates social media accounts across several platforms with over 2 million followers, owns an active database of approximately 12.2 million opt-in email subscribers, and publishes a network of 47 monetized political and news websites generating 10 million page views per month. The company intends to generate revenues from advertisers, personal appearances, and event coordination.