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OAT (OATN) EBIT : $-2.14 Mil (TTM As of Feb. 2012)


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What is OAT EBIT?

OAT's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2012 was $-2.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2012 was $-2.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OAT's annualized ROC % for the quarter that ended in Feb. 2012 was -204.60%. OAT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2012 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OAT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2012 was -20.25%.


OAT EBIT Historical Data

The historical data trend for OAT'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.

OAT EBIT Chart

OAT Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12
EBIT
-0.01 -0.03 -0.02 -2.64 -2.14

OAT Semi-Annual Data
Feb08 Feb09 Feb10 Feb11 Feb12
EBIT -0.01 -0.03 -0.02 -2.64 -2.14

Competitive Comparison of OAT's EBIT

For the Building Products & Equipment subindustry, OAT'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.


OAT's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, OAT's EV-to-EBIT distribution charts can be found below:

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



OAT 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 Feb. 2012 was $-2.14 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.


OAT  (OTCPK:OATN) EBIT Explanation

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

OAT's annualized ROC % for the quarter that ended in Feb. 2012 is calculated as:

ROC % (Q: Feb. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2011 ) + Invested Capital (Q: Feb. 2012 ))/ count )
=-2.137 * ( 1 - 0% )/( (0 + 2.089)/ 2 )
=-2.137/1.0445
=-204.60 %

where

Note: The Operating Income data used here is one times the annual (Feb. 2012) data.

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

OAT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2011  Q: Feb. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.137/( ( (0 + max(-2.738, 0)) + (0 + max(-1.213, 0)) )/ 2 )
=-2.137/( ( 0 + 0 )/ 2 )
=-2.137/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.738 + 0 + 0)
=-2.738

Working Capital(Q: Feb. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.086) - (1.299 + 0 + 0)
=-1.213

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Feb. 2012) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2012 )
=-2.137/10.555
=-20.25 %

* 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.


OAT EBIT Related Terms

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OAT (OATN) Business Description

Traded in Other Exchanges
N/A
Address
12106 Park Street, Cerritos, CA, USA, 90703
OAT Inc is engaged in the Air Conditioning, Heating, and Ventilation construction business. The Company's clientele is government sectors, military units, Air Force Base, and Marine Corps Base etc. It builds HVAC system package to control the usage time and temperature in each room using a computer utilizing the Direct Digital Control Program. The HVAC system is composed of Chiller, Cooling Tower, Chilled and Hot Water Pump, Hydronic Piping System, Custom Air Handler and VAV Box.
Executives
Eliot York director 32 BRACKENWOOD AVENUE, RICHMOND HILL A6 L4S 2P5
William B Kerr director 233 ROBINSON STREET, OAKVILLE A6 LGJ 425
Michel Emile Ghostine director C/O 277 LAKESHORE ROAD EAST, OAKVILLE A6 L6J 1H9
Carolyne Sing director, 10 percent owner, officer: CFO, Treasurer, Secretary 7839 - 17TH AVE, BURNABY A1 V3N 1M1
John H Gillespie officer: CEO & President C/O SILLENGER EXPLORATION CORP., 7837-17TH AVENUE, BURNABY A1 V3N 1M1

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