Enable Ipc (Enable Ipc) EBIT : $-1.01 Mil (TTM As of Sep. 2008)

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What is Enable Ipc EBIT?

Enable Ipc's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2008 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2008 was $-1.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enable Ipc's annualized ROC % for the quarter that ended in Sep. 2008 was -89.50%. Enable Ipc's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2008 was -9,980.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Enable Ipc EBIT Historical Data

The historical data trend for Enable Ipc'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.

Enable Ipc EBIT Chart

Enable Ipc Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

EBIT

-0.02

-0.47

-0.58

-0.89

Enable Ipc Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
EBIT	Get a 7-Day Free Trial									-0.18	-0.29	-0.24	-0.23	-0.26

Competitive Comparison of Enable Ipc's EBIT

For the Electrical Equipment & Parts subindustry, Enable Ipc'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.

Enable Ipc's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enable Ipc's EV-to-EBIT distribution charts can be found below:

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

Enable Ipc 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 Sep. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.01 Mil.

Enable Ipc (OTCPK:EIPC) EBIT Explanation

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

Enable Ipc's annualized ROC % for the quarter that ended in Sep. 2008 is calculated as:

	ROC % (Q: Sep. 2008 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2008 )	+	Invested Capital (Q: Sep. 2008 ))	/ count )
=	-1.048 * ( 1 - 0% )	/	( (1.173	+	1.169)	/ 2 )
=	-1.048	/	1.171
=	-89.50 %

where

	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	))
=	0.763	-	0.241	-	( 0.002	-	max(0, 0.676	-	0.025	+	0.002	))
=	1.173

	Invested Capital		(Q: Sep. 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	))
=	0.739	-	0.323	-	( 0.002	-	max(0, 0.762	-	0.009	+	0.002	))
=	1.169

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

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

Enable Ipc's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2008 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2008 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2008		Q: Sep. 2008
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.048	/	( ( (0.011 + max(-0.653, 0))	+	(0.01 + max(-0.755, 0)) )	/	2 )
=	-1.048	/	( ( 0.011	+	0.01 )	/	2 )
=	-1.048	/	0.0105
=	-9,980.95 %

where Working Capital is:

	Working Capital		(Q: Jun. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.023)	-	(0.241	+	0	+	0.435)
=	-0.653

	Working Capital		(Q: Sep. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(0.323	+	0	+	0.439)
=	-0.755

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2008 )
	=	-1.009	/	0.000
	=	%

Enable Ipc EBIT Related Terms

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Enable Ipc (Enable Ipc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enable Ipc Corp (OTCPK:EIPC) » Definitions » EBIT

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Traded in Other Exchanges

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Address

26893 Bouquet Canyon Road, Suite C-110, Saugus, CA, USA, 91350

Website

http://www.enableipc.com

Enable Ipc Corp. is engaged in the development of new power technologies that combine thin films and nanotechnology. The company's products include potentiostat, galvanostat and impedance anaylzer systems.

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