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TransGlobal Assets (TransGlobal Assets) EBIT : $-0.54 Mil (TTM As of Dec. 2011)


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What is TransGlobal Assets EBIT?

TransGlobal Assets's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2011 was $-0.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2011 was $-0.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TransGlobal Assets's annualized ROC % for the quarter that ended in Dec. 2011 was -37.29%. TransGlobal Assets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2011 was -3,857.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TransGlobal Assets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2011 was -130.75%.

TransGlobal Assets EBIT Historical Data

The historical data trend for TransGlobal Assets'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.

TransGlobal Assets EBIT Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
EBIT
-0.39 -0.44 -0.01 - -0.54

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
EBIT -0.39 -0.44 -0.01 - -0.54

Competitive Comparison of TransGlobal Assets's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, TransGlobal Assets'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.

TransGlobal Assets's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TransGlobal Assets's EV-to-EBIT distribution charts can be found below:

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


TransGlobal Assets 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2011 was $-0.54 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.

TransGlobal Assets  (OTCPK:TMSH) EBIT Explanation

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

TransGlobal Assets's annualized ROC % for the quarter that ended in Dec. 2011 is calculated as:

ROC % (Q: Dec. 2011 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2010 ) + Invested Capital (Q: Dec. 2011 ))/ count )
=-0.54 * ( 1 - 0% )/( (1.117 + 1.779)/ 2 )
=-0.54/1.448
=-37.29 %

where

Invested Capital(Q: Dec. 2010 )
=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))
=0.014 - 0.15 - ( 0 - max(0, 1.253 - 0+0))
=1.117

Invested Capital(Q: Dec. 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))
=0.015 - 0.13 - ( 0 - max(0, 1.896 - 0.002+0))
=1.779

Note: The Operating Income data used here is one times the annual (Dec. 2011) data.

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

TransGlobal Assets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2011 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2011 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2010  Q: Dec. 2011
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.54/( ( (0.014 + max(-0.15, 0)) + (0.014 + max(-0.668, 0)) )/ 2 )
=-0.54/( ( 0.014 + 0.014 )/ 2 )
=-0.54/0.014
=-3,857.14 %

where Working Capital is:

Working Capital(Q: Dec. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.15 + 0 + 0)
=-0.15

Working Capital(Q: Dec. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (0.13 + 0 + 0.54)
=-0.668

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2011) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2011 )
=-0.54/0.413
=-130.75 %

* 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.

TransGlobal Assets EBIT Related Terms

Thank you for viewing the detailed overview of TransGlobal Assets's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

TransGlobal Assets (TransGlobal Assets) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TransGlobal Assets Inc (OTCPK:TMSH) » Definitions » EBIT
Comparable Companies
BOM:538597 BOM:540135 BOM:530557 BOM:530747 BOM:538423 BOM:531417 KAR:SLL WAR:WRL BOM:523062 BOM:537820 BOM:531650 BOM:526859 BOM:511728 CLDOF BOM:511577 BOM:511391 BOM:530581 WAR:DRF WAR:MRK BOM:512048
Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
Website
https://www.transglobalassets.com
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.