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N2OFF (NITO) EBIT : $-6.72 Mil (TTM As of Jun. 2024)


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What is N2OFF EBIT?

N2OFF's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $-0.87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-6.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. N2OFF's annualized ROC % for the quarter that ended in Jun. 2024 was -111.80%. N2OFF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -594.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. N2OFF's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 893.35%.


N2OFF EBIT Historical Data

The historical data trend for N2OFF'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.

N2OFF EBIT Chart

N2OFF Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.99 -1.40 -4.86 -5.82 -7.54

N2OFF Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.84 -2.86 -2.10 -0.90 -0.87

Competitive Comparison of N2OFF's EBIT

For the Agricultural Inputs subindustry, N2OFF'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.


N2OFF's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, N2OFF's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where N2OFF's EV-to-EBIT falls into.



N2OFF 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.72 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.


N2OFF  (NAS:NITO) EBIT Explanation

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

N2OFF's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-3.464 * ( 1 - 0% )/( (2.615 + 3.582)/ 2 )
=-3.464/3.0985
=-111.80 %

where

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

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

N2OFF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.464/( ( (0.104 + max(0.371, 0)) + (0.085 + max(0.605, 0)) )/ 2 )
=-3.464/( ( 0.475 + 0.69 )/ 2 )
=-3.464/0.5825
=-594.68 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.146 + 0.104 + 0.682) - (0.161 + 0 + 0.4)
=0.371

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.158 + 0.106 + 0.732) - (0.025 + 0 + 0.366)
=0.605

When net working capital is negative, 0 is used.

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

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

N2OFF's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-6.718/-0.752
=893.35 %

* 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.


N2OFF EBIT Related Terms

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N2OFF Business Description

Traded in Other Exchanges
N/A
Address
HaPardes 134 Meshek Sander, Neve Yarak, ISR, 4994500
N2OFF Inc is a pioneering agri-food tech company dedicated to developing sustainable solutions for the plant-based food industry. Operating through two subsidiaries, it delivers integrated solutions for enhanced safety, quality, and sustainability from field to fork.
Executives
Yaaran Investments Ltd. 10 percent owner HARSIT 7 ST., SHEARY -TIKVA L3 4481000
Roy Borochov director 52 HATEENA, KFAR BEN NUN L3 9978000
Plantify Foods, Inc. 10 percent owner 2264 EAST 11TH AVENUE, VANCOUVER A1 V5N1Z6
Udi Ovadia Kalifi director UZIEL 101, RAMAT GAN L3 5234433
Lital Barda officer: Chief Financial Officer DAVID MEIR GUTMAN 11, PETAH TIKVA L3 4934116
Neta Matis officer: COO of the Issuer's Subsidiary DAVID HAMELECH 11, HOD HASHARON L3 4523403
Omri Kanterovich officer: Interim CFO YUVAL NEEMAN 7, TEL AVIV L3 6967183
Mia Jacqueline Serra officer: Chief Marketing Officer HARAV KOSOVSKY 34, TEL AVIV L3 6291062
Eliahou Arbib director ARLOZOROV 25, RAMAT GAN L3 5248141
David Palach officer: Co-Chief Executive Officer EVEN GVIROL 1, RISHON LEZION L3 7548101
Amitay Weiss director HA'AZTMAUT 41, PETAH TIKVA L3 4937941
Ronen Rosenbloom director NISSIM ALONI 4, TEL AVIV L3 6291918
Israel Yakov Berenstein director SHEVET LEVI 13, PETAH TIKVA L3 4930092
Joachim Fuchs director HAZOREA 67, KFAR SHMARYAHU L3 4691000
Doron Shorrer director KOREH HADOROT 33, JERUSALEM L3 9339348