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Reflect Scientific (Reflect Scientific) EBIT : $-0.36 Mil (TTM As of Mar. 2024)


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What is Reflect Scientific EBIT?

Reflect Scientific's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reflect Scientific's annualized ROC % for the quarter that ended in Mar. 2024 was -11.42%. Reflect Scientific's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -18.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Reflect Scientific's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.01%.


Reflect Scientific EBIT Historical Data

The historical data trend for Reflect Scientific'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.

Reflect Scientific EBIT Chart

Reflect Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 0.66 0.83 0.09 -0.47

Reflect Scientific Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 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 -0.15 -0.18 0.08 -0.22 -0.04

Competitive Comparison of Reflect Scientific's EBIT

For the Medical Instruments & Supplies subindustry, Reflect Scientific'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.


Reflect Scientific's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Reflect Scientific's EV-to-EBIT distribution charts can be found below:

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



Reflect Scientific 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 $-0.36 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.


Reflect Scientific  (OTCPK:RSCF) EBIT Explanation

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

Reflect Scientific'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 )
=-0.164 * ( 1 - 0% )/( (1.305 + 1.567)/ 2 )
=-0.164/1.436
=-11.42 %

where

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

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

Reflect Scientific'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 )
=-0.164/( ( (0.236 + max(0.559, 0)) + (0.218 + max(0.8, 0)) )/ 2 )
=-0.164/( ( 0.795 + 1.018 )/ 2 )
=-0.164/0.9065
=-18.09 %

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)
=(0.108 + 0.972 + 0.012) - (0.086 + 0.447 + 0)
=0.559

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.335 + 0.951 + 0.101) - (0.101 + 0.486 + 0)
=0.8

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-0.361/4.008
=-9.01 %

* 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.


Reflect Scientific EBIT Related Terms

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Reflect Scientific (Reflect Scientific) Business Description

Traded in Other Exchanges
N/A
Address
1266 South 1380 West, Orem, UT, USA, 84058
Reflect Scientific Inc is engaged in the manufacture and distribution of products targeted at the life science market. The company serves a varies array of customers including hospitals and diagnostic laboratories, pharmaceutical and biotech companies, universities, government and private sector research facilities, and chemical and industrial companies. The products of the company are Cryometrix Freezers which provides energy savings and other critically important benefits to cryo-storage customers in the Life Science related industries, and detectors that serve the analytical instrumentation sector of the Life Sciences market. The company sells its products in the biotechnology, pharmaceutical, and medical industries.
Executives
Kim Boyce director, 10 percent owner, officer: President 1266 SOUTH 1380 WEST, OREM UT 84058
Keith L Merrell officer: CFO 1240 MUELLER PARK ROAD, BOUNTIFUL UT 84010
William G Moon director 1266 SOUTH 1380 WEST, OREM UT 84058
David Scott Strate officer: CFO 1270 S 1380 W, OREM UT 84058
Kevin Cooksy officer: Secretary Treasurer 3161 GRANADA DRIVE, CAMERON PARK CA 95682
Craig Morrison director 975 NORTH TERRACE DRIVE, PROVO UT 84604
Thomas A Tait director, officer: Vice President 514 AMERICAS WAY #5556, BOX ELDER SD 57719

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