AirSculpt Technologies (AirSculpt Technologies) EBIT : $18.7 Mil (TTM As of Mar. 2024)

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What is AirSculpt Technologies EBIT?

AirSculpt Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $11.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $18.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AirSculpt Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 14.19%. AirSculpt Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 80.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AirSculpt Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.46%.

AirSculpt Technologies EBIT Historical Data

The historical data trend for AirSculpt Technologies'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.

AirSculpt Technologies EBIT Chart

AirSculpt Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

0.66

10.03

15.77

-4.55

9.48

AirSculpt Technologies Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial												1.76	5.36	0.96	1.40	11.01

Competitive Comparison of AirSculpt Technologies's EBIT

For the Medical Care Facilities subindustry, AirSculpt Technologies'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.

AirSculpt Technologies's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AirSculpt Technologies's EV-to-EBIT distribution charts can be found below:

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

AirSculpt Technologies 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.7 Mil.

AirSculpt Technologies (NAS:AIRS) EBIT Explanation

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

AirSculpt Technologies's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	44.068 * ( 1 - 36.4% )	/	( (197.021	+	198.007)	/ 2 )
=	28.027248	/	197.514
=	14.19 %

where

	Invested Capital		(Q: Dec. 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	))
=	204.019	-	11.352	-	( 10.262	-	max(0, 20.315	-	15.961	+	10.262	))
=	197.021

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	202.714	-	11.478	-	( 10.969	-	max(0, 21.765	-	14.994	+	10.969	))
=	198.007

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

AirSculpt Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	44.048	/	( ( (54.321 + max(-9.057, 0))	+	(54.782 + max(-9.642, 0)) )	/	2 )
=	44.048	/	( ( 54.321	+	54.782 )	/	2 )
=	44.048	/	54.5515
=	80.75 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	3.758)	-	(11.352	+	1.463	+	0)
=	-9.057

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	3.874)	-	(11.478	+	2.038	+	0)
=	-9.642

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	18.733	/	289.969
	=	6.46 %

AirSculpt Technologies EBIT Related Terms

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AirSculpt Technologies (AirSculpt Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AirSculpt Technologies Inc (NAS:AIRS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Lincoln Road, Suite 802, Miami Beach, FL, USA, 33139

Website

https://www.elitebodysculpture.com

AirSculpt Technologies Inc is a national provider of body contouring procedures delivering a premium consumer experience under our brand Elite Body Sculpture. At Elite Body Sculpture, company provide custom body contouring using proprietary AirSculpt method that removes unwanted fat in a minimally invasive procedure, producing dramatic results. Its mission is to generate the best results for patients.

Executives

Todd Magazine	director, officer: President and CEO	1111 LINCOLN ROAD, SUITE 802, MIAMI BEACH FL 33139
Thomas J Aaron	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Dennis Dean	officer: Chief Financial Officer	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Caroline Chu	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Kenneth Higgins	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Aaron Rollins	director, 10 percent owner, officer: Chief Executive Officer	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Adam T Feinstein	director, 10 percent owner	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Ronald P. Zelhof	officer: COO and President	310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Pamela L. Netzky	director	C/O AMPLIFY SNACK BRANDS, INC., 500 WEST 5TH STREET, AUSTIN TX 78701
Daniel Sollof	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Vscp Ebs Aggregator, L.p.	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013
Ebs Aggregator Blocker Holdings, Llc	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013