Quantum (Quantum) EBIT : $-24.6 Mil (TTM As of Jun. 2023)

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What is Quantum EBIT?

Quantum's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-6.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-24.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quantum's annualized ROC % for the quarter that ended in Jun. 2023 was -11.60%. Quantum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -104.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quantum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -18.39%.

Quantum EBIT Historical Data

The historical data trend for Quantum'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.

Quantum EBIT Chart

Quantum Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

-19.33

20.94

-7.70

-19.05

-25.44

Quantum Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT	Get a 7-Day Free Trial															-7.72	-8.74	1.22	-10.21	-6.85

Competitive Comparison of Quantum's EBIT

For the Computer Hardware subindustry, Quantum'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.

Quantum's EV-to-EBIT Distribution in the Hardware Industry

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

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

Quantum 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.6 Mil.

Quantum (NAS:QMCO) EBIT Explanation

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

Quantum's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-18.072 * ( 1 - -5.28% )	/	( (167.693	+	160.413)	/ 2 )
=	-19.0262016	/	164.053
=	-11.60 %

where

	Invested Capital		(Q: Mar. 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	))
=	213.657	-	45.505	-	( 25.963	-	max(0, 152.596	-	153.055	+	25.963	))
=	167.693

	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	))
=	210.484	-	43.275	-	( 25.465	-	max(0, 142.855	-	149.651	+	25.465	))
=	160.413

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

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

Quantum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-27.38	/	( ( (26.846 + max(-19.14, 0))	+	(25.6 + max(-13.669, 0)) )	/	2 )
=	-27.38	/	( ( 26.846	+	25.6 )	/	2 )
=	-27.38	/	26.223
=	-104.41 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(72.464	+	44.745	+	9.883)	-	(45.505	+	82.504	+	18.223)
=	-19.14

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(66.245	+	45.293	+	12.648)	-	(43.275	+	79.686	+	14.894)
=	-13.669

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-24.569	/	133.621
	=	-18.39 %

Quantum EBIT Related Terms

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Quantum (Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Corp (NAS:QMCO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

QNT2:Germany

Address

224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110

Website

https://www.quantum.com

Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.

Executives

Brian E Cabrera	officer: Chief Legal & Ofcr; Corp Secy	CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
James J Lerner	director, officer: Pres. & CEO, Chairman of Board	C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014
Laura A. Nash	officer: Chief Accounting Officer	C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
John Hurley	officer: Chief Revenue Officer	224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Kenneth P. Gianella	officer: Chief Financial Officer	C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134
Hugues Meyrath	director	1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Don Jaworksi	director	224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110
Lewis W. Moorehead	officer: Chief Accounting Officer	1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
J Michael Dodson	officer: Senior Vice President, CFO	1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Christopher D. Neumeyer	director	224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110
Pacific Investment Management Co Llc	10 percent owner	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Yue Zhou White	director	C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Marc E Rothman	director	1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Raghavendra Rau	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John Fichthorn	director	C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004