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Pixelworks (Pixelworks) EBIT : $-25.56 Mil (TTM As of Dec. 2023)


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What is Pixelworks EBIT?

Pixelworks's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-25.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pixelworks's annualized ROC % for the quarter that ended in Dec. 2023 was -41.97%. Pixelworks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -45.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pixelworks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -39.04%.


Pixelworks EBIT Historical Data

The historical data trend for Pixelworks'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.

Pixelworks EBIT Chart

Pixelworks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.47 -25.69 -20.00 -16.07 -26.56

Pixelworks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.72 -10.37 -5.99 -7.15 -2.05

Competitive Comparison of Pixelworks's EBIT

For the Semiconductors subindustry, Pixelworks'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.


Pixelworks's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Pixelworks's EV-to-EBIT distribution charts can be found below:

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



Pixelworks 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.56 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.


Pixelworks  (NAS:PXLW) EBIT Explanation

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

Pixelworks's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-16.512 * ( 1 - -1.06% )/( (41.011 + 38.509)/ 2 )
=-16.6870272/39.76
=-41.97 %

where

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

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

Pixelworks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.212/( ( (11.927 + max(6.103, 0)) + (10.722 + max(7.265, 0)) )/ 2 )
=-8.212/( ( 18.03 + 17.987 )/ 2 )
=-8.212/18.0085
=-45.60 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.165 + 5.905 + 2.307) - (9.845 + 0.4 + 2.029)
=6.103

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.075 + 3.968 + 3.138) - (9.916 + 0 + 0)
=7.265

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-25.564/65.484
=-39.04 %

* 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.


Pixelworks EBIT Related Terms

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Pixelworks (Pixelworks) Business Description

Traded in Other Exchanges
Address
16760 Upper Boones Ferry Road, Suite 101, Portland, OR, USA, 97224
Pixelworks Inc is a provider of visual processing semiconductor and software solutions that enable consistently high-quality and authentic viewing experiences in a wide variety of applications. The company defines its key target markets as Mobile (smartphone and tablet), Home and Enterprise (projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices), and Cinema (creation, remastering, and delivery of digital video content). The company operates in one segment: the design, development, marketing and sale of IC solutions for use in electronic display devices. The company generates its revenue from two broad product markets: the Mobile market and the Home and Enterprise market. The majority of the revenue is earned in Japan.
Executives
Haley F Green officer: Chief Financial Officer 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Todd Debonis officer: Chief Operating Officer 47211 LAKEVIEW BLVD, FREMONT CA 94538
Daniel Heneghan director
John Y. Liu director 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Dean Warren Butler director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Elias Nader officer: VP and Chief Financial Officer 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
David J. Tupman director 1028 CHURCH ST., SAN FRANCISCO CA 94114
Amy L Bunszel director 226 AIRPORT PARKWAY, SUITE 595, SAN JOSE CA 95110
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070
Steven L Moore officer: VP Finance, CFO & Treasurer
Stephen L Domenik director, officer: Chief Executive Officer C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Bruce A Walicek director 8100 SW NYBERG ROAD, TUALATIN OR 97062
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bradley J. Shisler other: See Remarks 7400 49TH AVENUE NORTH, NEW HOPE MN 55428