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nLight (nLight) EBIT : $-52.5 Mil (TTM As of Mar. 2024)


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What is nLight EBIT?

nLight's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-14.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-52.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. nLight's annualized ROC % for the quarter that ended in Mar. 2024 was -36.79%. nLight's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -43.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. nLight's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.04%.


nLight EBIT Historical Data

The historical data trend for nLight'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.

nLight EBIT Chart

nLight Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -9.91 -21.05 -30.22 -51.21 -45.95

nLight Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8.21 -11.69 -12.53 -13.53 -14.72

Competitive Comparison of nLight's EBIT

For the Semiconductors subindustry, nLight'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.


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

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

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



nLight 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 $-52.5 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.


nLight  (NAS:LASR) EBIT Explanation

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

nLight'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 )
=-58.872 * ( 1 - -1.06% )/( (169.199 + 154.24)/ 2 )
=-59.4960432/161.7195
=-36.79 %

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))
=306.803 - 24.722 - ( 112.882 - max(0, 32.752 - 220.554+112.882))
=169.199

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

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

nLight'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 )
=-58.872/( ( (64.916 + max(78.101, 0)) + (62.965 + max(63.029, 0)) )/ 2 )
=-58.872/( ( 143.017 + 125.994 )/ 2 )
=-58.872/134.5055
=-43.77 %

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)
=(39.585 + 52.16 + 15.927) - (24.722 + 4.849 + 0)
=78.101

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.545 + 53.013 + 17.564) - (27.51 + 7.583 + 0)
=63.029

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-52.46/522.371
=-10.04 %

* 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.


nLight EBIT Related Terms

Thank you for viewing the detailed overview of nLight's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


nLight (nLight) Business Description

Traded in Other Exchanges
N/A
Address
4637 NW 18th Avenue, Camas, WA, USA, 98607
nLight Inc is a United States-based company engaged in providing semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments: Laser Products, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, China, and the Rest of the world.
Executives
Joseph John Corso officer: Chief Financial Officer 4637 NW 18TH AVE, CAMAS WA 98607
James Nias officer: Chief Accounting Officer 4637 NW 18TH AVENUE, CAMAS WA 98607
Scott H Keeney director, officer: President and CEO 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Ran Bareket officer: CFO 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Camille Nichols director 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Robert Martinsen officer: Chief Technical Officer 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Sixth Mdv Partners, L.l.c. 10 percent owner 777 MARINERS ISLAND BLVD., STE. 550, SAN MATEO CA 94404
David D. Osborne director 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Oak X Affiliates Fund Lp 10 percent owner 901 MAIN AVENUE, NORWALK CT 06851
Bandel L Carano director, 10 percent owner 525 UNIVERSITY AVENUE, SUITE 1300, PALO ALTO CA 94301
Douglas C Carlisle director, 10 percent owner 3000 SAND HILL RD, BLDG 4 STE 100, MENLO PARK CA 94025
Mv Management Ix Llc 10 percent owner 2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
William Gossman director 5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Menlo Entrepreneurs Fund Ix A Lp 10 percent owner 2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund Ix Lp 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025