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HashiCorp (HashiCorp) EBIT : $-254.3 Mil (TTM As of Jan. 2024)


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What is HashiCorp EBIT?

HashiCorp's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-48.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-254.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HashiCorp's annualized ROC % for the quarter that ended in Jan. 2024 was -38.88%. HashiCorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -440.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HashiCorp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -4.81%.


HashiCorp EBIT Historical Data

The historical data trend for HashiCorp'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.

HashiCorp EBIT Chart

HashiCorp Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
-56.22 -84.01 -289.31 -297.29 -254.28

HashiCorp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -62.89 -67.81 -82.60 -55.57 -48.30

Competitive Comparison of HashiCorp's EBIT

For the Software - Infrastructure subindustry, HashiCorp'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.


HashiCorp's EV-to-EBIT Distribution in the Software Industry

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

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



HashiCorp 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-254.3 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.


HashiCorp  (NAS:HCP) EBIT Explanation

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

HashiCorp's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-193.196 * ( 1 - -1.8% )/( (458.846 + 552.802)/ 2 )
=-196.673528/505.824
=-38.88 %

where

Invested Capital(Q: Oct. 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))
=1586.269 - 46.723 - ( 1255.651 - max(0, 357.89 - 1438.59+1255.651))
=458.846

Invested Capital(Q: Jan. 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))
=1691.947 - 38.346 - ( 1278.577 - max(0, 440.752 - 1541.551+1278.577))
=552.802

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

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

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-193.196/( ( (42.311 + max(-171.268, 0)) + (45.441 + max(-173.753, 0)) )/ 2 )
=-193.196/( ( 42.311 + 45.441 )/ 2 )
=-193.196/43.876
=-440.32 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.183 + 0 + 74.756) - (46.723 + 286.595 + 20.889)
=-171.268

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(182.614 + 0 + 80.36) - (38.346 + 360.521 + 37.86)
=-173.753

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-254.278/5282.340
=-4.81 %

* 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.


HashiCorp EBIT Related Terms

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HashiCorp (HashiCorp) Business Description

Traded in Other Exchanges
Address
101 Second Street, Suite 700, San Francisco, CA, USA, 94105
HashiCorp Inc is engaged in solving the infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. Its cloud operating model provides consistent workflows and a standardized approach to automate the processes involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. Its main commercial products are Terraform, Vault, Consul, and Nomad.
Executives
Armon Dadgar director, 10 percent owner, officer: Chief Technology Officer C/O HASHICORP INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Navam Welihinda officer: Chief Financial Officer C/O HASHICORP INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Marc Holmes officer: Chief Marketing Officer C/O HASHICORP, INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Ledger Susan St. director C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
David Mcjannet director, officer: CEO & Chairman C/O HASHICORP, INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Brandon Sweeney officer: Chief Revenue Officer C/O HASHICORP, INC., 101 SECOND STREET, SUITE 700, SAN FRANCISCO CA 94105
Sigal Zarmi director 1501 YAMATO ROAD, BOCA RATON FL 33431
David J Henshall director 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Mayfield Xiv, A Cayman Islands Exempted Limited Partnership 10 percent owner 2484 SAND HILL ROAD, MENLO PARK CA 94025
Glenn Solomon director, 10 percent owner C/O GGV CAPITAL, 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Ggv Capital Select L.l.c. 10 percent owner 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Ggv Capital V L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Mayfield Select Management (egp), L.p. 10 percent owner 2484 SAND HILL ROAD, MENLO PARK CA 94025
Mf Leaders H-e, L.p. 10 percent owner 2484 SAND HILL ROAD, MENLO PARK CA 94025
Mf Leaders Management, L.l.c. 10 percent owner C/O MAYFIELD, 2484 SAND HILL ROAD, MENLO PARK CA 94025