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Cantel Medical's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2021 was $46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2021 was $131 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cantel Medical's annualized ROC % for the quarter that ended in Apr. 2021 was 7.41%. Cantel Medical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2021 was 41.97%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cantel Medical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2021 was 3.18%.
The historical data trend for Cantel Medical'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.
Cantel Medical Annual Data | |||||||||||||||||||||
Trend | Jul11 | Jul12 | Jul13 | Jul14 | Jul15 | Jul16 | Jul17 | Jul18 | Jul19 | Jul20 | |||||||||||
EBIT | Get a 7-Day Free Trial | 97.25 | 110.54 | 122.80 | 84.82 | 48.31 |
Cantel Medical Quarterly Data | ||||||||||||||||||||
Jul16 | Oct16 | Jan17 | Apr17 | Jul17 | Oct17 | Jan18 | Apr18 | Jul18 | Oct18 | Jan19 | Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | |
EBIT | Get a 7-Day Free Trial | 22.44 | 3.84 | 50.35 | 31.63 | 45.52 |
For the Medical Instruments & Supplies subindustry, Cantel Medical'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.
For the Medical Devices & Instruments industry and Healthcare sector, Cantel Medical's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Cantel Medical's EV-to-EBIT falls into.
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 Apr. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $131 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.
Cantel Medical (NYSE:CMD) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Cantel Medical's annualized ROC % for the quarter that ended in Apr. 2021 is calculated as:
ROC % (Q: Apr. 2021 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jan. 2021 ) | + | Invested Capital (Q: Apr. 2021 )) | / count ) |
= | 182.096 * ( 1 - 31.16% ) | / | ( (1690.136 | + | 1691.335) | / 2 ) |
= | 125.3548864 | / | 1690.7355 | |||
= | 7.41 % |
where
Invested Capital | (Q: Jan. 2021 ) | |||||||||||
= | 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 | )) |
= | 2050.31 | - | 117.113 | - | ( 243.061 | - | max(0, 234.547 | - | 638.04 | + | 243.061 | )) |
= | 1690.136 |
Invested Capital | (Q: Apr. 2021 ) | |||||||||||
= | 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 | )) |
= | 2031.278 | - | 121.415 | - | ( 218.528 | - | max(0, 242.954 | - | 625.997 | + | 218.528 | )) |
= | 1691.335 |
Note: The Operating Income data used here is four times the quarterly (Apr. 2021) data.
2. Joel Greenblatt's definition of Return on Capital:
Cantel Medical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2021 is calculated as:
ROC (Joel Greenblatt) % | (Q: Apr. 2021 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jan. 2021 | Q: Apr. 2021 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 182.096 | / | ( ( (276.158 + max(149.941, 0)) | + | (276.568 + max(165.046, 0)) ) | / | 2 ) |
= | 182.096 | / | ( ( 426.099 | + | 441.614 ) | / | 2 ) |
= | 182.096 | / | 433.8565 | ||||
= | 41.97 % |
where Working Capital is:
Working Capital | (Q: Jan. 2021 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (159.372 | + | 170.075 | + | 22.388) | - | (117.113 | + | 29.908 | + | 54.873) |
= | 149.941 |
Working Capital | (Q: Apr. 2021 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (164.929 | + | 179.078 | + | 23.911) | - | (121.415 | + | 30.903 | + | 50.554) |
= | 165.046 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Apr. 2021) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Cantel Medical's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Apr. 2021 ) |
= | 131.348 | / | 4125.665 | |
= | 3.18 % |
* 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.
Thank you for viewing the detailed overview of Cantel Medical's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Ann E Berman | director | 255 STATE STREET, BOSTON MA 02109 |
Jeffrey Z Mann | officer: SVP, General Counsel | 150 CLOVE ROAD, 9TH FLOOR, LITTLE FALLS NJ 07424 |
George L Fotiades | director, officer: Chief Executive Officer | 281 SUMMIT AVENUE, SUMMIT NJ 07901 |
Charles M Diker | director, 10 percent owner, officer: Chairman | ONE NEW YORK PLAZA, NEW YORK NY 10004 |
Shaun M. Blakeman | officer: SVP - CFO | C/O CANTEL MEDICAL CORP., 150 CLOVE ROAD, LITTLE FALLS NJ 07424 |
Jean Casner | officer: SVP and CHRO | 150 CLOVE ROAD, LITTLE FALLS NJ 07424 |
Brian Capone | officer: SVP and Princ. Accounting Ofr | 150 CLOVE ROAD, 9TH FLOOR, LITTLE FALLS NJ 07424 |
Peter G Clifford | officer: President and COO | 40 TOURNAMENT DRIVE SOUTH, HAWTHORN WOODS IL 60047 |
Seth M Yellin | officer: Executive Vice President | 150 CLOVE ROAD 9TH FLOOR LITTLE FALLS NJ 07424 |
Laura L Forese | director | 849 STONEWALL COURT FRANKLIN LAKES NJ 07417 |
Peter Pronovost | director | JHU-QSRG 1909 THAMES ST. - 2ND FLOOR BALTIMORE MD 21231 |
Anthony B Evnin | director | C/O VENROCK ASSOCIATES, 7 BRYANT PARK, 23RD FLOOR, NEW YORK NY 10018 |
Ronnie Myers | director | TOURO COLLEGE OF DENTAL MEDICINE 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595 |
Alan R Batkin | director | 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
Karen Prange | director | 1108 S RIO VISTA BLVD, FORT LAUDERDALE FL 33316 |
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