New Asia Holdings (New Asia Holdings) EBIT : $-0.20 Mil (TTM As of Dec. 2023)

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What is New Asia Holdings EBIT?

New Asia Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. New Asia Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -21.98%. New Asia Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. New Asia Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.09%.

New Asia Holdings EBIT Historical Data

The historical data trend for New Asia Holdings'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.

New Asia Holdings EBIT Chart

New Asia Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.18

-0.19

-0.15

-0.20

New Asia Holdings 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															-0.03	-0.06	-0.05	-0.04	-0.06

Competitive Comparison of New Asia Holdings's EBIT

For the Software - Application subindustry, New Asia Holdings'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.

New Asia Holdings's EV-to-EBIT Distribution in the Software Industry

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

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

New Asia Holdings 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 $-0.20 Mil.

New Asia Holdings (OTCPK:NAHD) EBIT Explanation

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

New Asia Holdings'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 )
=	-0.224 * ( 1 - 0% )	/	( (1.009	+	1.029)	/ 2 )
=	-0.224	/	1.019
=	-21.98 %

where

	Invested Capital		(Q: Sep. 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	))
=	0.023	-	0.308	-	( 0.021	-	max(0, 1.317	-	0.023	+	0.021	))
=	1.009

	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	))
=	0.016	-	0.33	-	( 0.002	-	max(0, 1.359	-	0.016	+	0.002	))
=	1.029

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

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

New Asia Holdings'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 )
=	-0.224	/	( ( (0 + max(-0.305, 0))	+	(0 + max(-0.316, 0)) )	/	2 )
=	-0.224	/	( ( 0	+	0 )	/	2 )
=	-0.224	/	0
=	%

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)
=	(0	+	0	+	0.002)	-	(0.308	+	0	+	-0.0010000000000001)
=	-0.305

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.014)	-	(0.33	+	0	+	0)
=	-0.316

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:

New Asia Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.195	/	9.309
	=	-2.09 %

New Asia Holdings EBIT Related Terms

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New Asia Holdings (New Asia Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » New Asia Holdings Inc (OTCPK:NAHD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Tras Street, Suite 01-03, Singapore, SGP, 079019

Website

https://www.newasiainc.com

New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.

Executives

Lin Kok Peng Jeffrey	director, 10 percent owner	8 UBI ROAD, #02-07, ZERVEX U0 408538
Ng Anthony Zi Qin	10 percent owner	102 GERALD DRIVE, #04-75, SELETAR SPRINGS, SINGAPORE U0 798593
Scott C. Kline	director	15615 ALTON PKWY #450, IRVINE CA 92618
Lim Allister Wee Sing	director	111 NORTH BRIDGE ROAD,, #11-04 PENINSULA PLAZA, SINGAPORE U0 179098

New Asia Holdings (New Asia Holdings) Headlines

From GuruFocus

New Asia Holdings Inc. Issues Statement Regarding Recent Third-Party Promotional Activity

By PRNewswire PRNewswire • 08-05-2019