Optiscan Imaging (ASX:OIL) EBIT : A$-5.42 Mil (TTM As of Dec. 2023)

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What is Optiscan Imaging EBIT?

Optiscan Imaging's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-3.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Optiscan Imaging's annualized ROC % for the quarter that ended in Dec. 2023 was -243.11%. Optiscan Imaging's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -329.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Optiscan Imaging's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.22%.

Optiscan Imaging EBIT Historical Data

The historical data trend for Optiscan Imaging'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.

Optiscan Imaging EBIT Chart

Optiscan Imaging Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-2.63

-1.70

-2.07

-4.20

-4.32

Optiscan Imaging Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-1.91	-2.29	-2.35	-1.97	-3.45

Competitive Comparison of Optiscan Imaging's EBIT

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.

Optiscan Imaging's EV-to-EBIT Distribution in the Hardware Industry

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

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

Optiscan Imaging 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 semi-annually data reported by the company within the most recent 12 months, which was A$-5.42 Mil.

Optiscan Imaging (ASX:OIL) EBIT Explanation

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

Optiscan Imaging'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-8.11 * ( 1 - 0% )	/	( (2.967	+	3.705)	/ 2 )
=	-8.11	/	3.336
=	-243.11 %

where

	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	))
=	4.672	-	0.776	-	( 0.929	-	max(0, 1.423	-	3.646	+	0.929	))
=	2.967

	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	))
=	18.114	-	0.758	-	( 13.651	-	max(0, 1.635	-	17.324	+	13.651	))
=	3.705

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Optiscan Imaging'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.892	/	( ( (0.576 + max(0.713, 0))	+	(0.482 + max(2.414, 0)) )	/	2 )
=	-6.892	/	( ( 1.289	+	2.896 )	/	2 )
=	-6.892	/	2.0925
=	-329.37 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.163	+	1.437	+	0.304)	-	(0.776	+	0	+	0.415)
=	0.713

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.268	+	1.911	+	0.494)	-	(0.758	+	0	+	0.501)
=	2.414

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-5.415	/	87.044
	=	-6.22 %

Optiscan Imaging EBIT Related Terms

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Optiscan Imaging (ASX:OIL) Business Description

Industry

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Address

16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.optiscan.com

Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.