Ambow Education Holding (Ambow Education Holding) EBIT : $-11.37 Mil (TTM As of Jun. 2023)

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What is Ambow Education Holding EBIT?

Ambow Education Holding's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-11.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ambow Education Holding's annualized ROC % for the quarter that ended in Jun. 2023 was -16.50%. Ambow Education Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -42.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ambow Education Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -116.73%.

Ambow Education Holding EBIT Historical Data

The historical data trend for Ambow Education Holding'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.

Ambow Education Holding EBIT Chart

Ambow Education Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-8.42

-6.83

-8.63

-8.83

-4.31

Ambow Education Holding Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-	-2.51	-10.41	-0.96	-

Competitive Comparison of Ambow Education Holding's EBIT

For the Education & Training Services subindustry, Ambow Education Holding'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.

Ambow Education Holding's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ambow Education Holding's EV-to-EBIT distribution charts can be found below:

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

Ambow Education Holding 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.37 Mil.

Ambow Education Holding (AMEX:AMBO) EBIT Explanation

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

Ambow Education Holding's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-3.028 * ( 1 - -1.32% )	/	( (17.193	+	20)	/ 2 )
=	-3.0679696	/	18.5965
=	-16.50 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	25.516	-	5.015	-	( 3.308	-	max(0, 11.905	-	15.824	+	3.308	))
=	17.193

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	28.759	-	4.873	-	( 6.913	-	max(0, 16.437	-	20.323	+	6.913	))
=	20

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Ambow Education Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.848	/	( ( (7.185 + max(0.501, 0))	+	(5.965 + max(4.307, 0)) )	/	2 )
=	-3.848	/	( ( 7.686	+	10.272 )	/	2 )
=	-3.848	/	8.979
=	-42.86 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.983	+	0	+	4.469)	-	(5.015	+	0.764	+	0.172)
=	0.501

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.69	+	0	+	5.714)	-	(4.873	+	0.004	+	0.22)
=	4.307

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Ambow Education Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-11.371	/	9.741
	=	-116.73 %

Ambow Education Holding EBIT Related Terms

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Ambow Education Holding (Ambow Education Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ambow Education Holding Ltd (AMEX:AMBO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

19925 Stevens Creek Boulevard, Cupertino, CA, USA, 95014

Website

https://www.ambow.com

Ambow Education Holding Ltd is a provider of educational and career enhancement services in China. It operates through CP&CE Programs. The CP&CE Programs include tutoring services and career enhancement services. Geographically all the operations function in United States and Foreign countries.