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Sypris Solutions (Sypris Solutions) EBIT : $-0.2 Mil (TTM As of Dec. 2023)


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What is Sypris Solutions EBIT?

Sypris Solutions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sypris Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was -2.15%. Sypris Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -7.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sypris Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.40%.


Sypris Solutions EBIT Historical Data

The historical data trend for Sypris Solutions'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.

Sypris Solutions EBIT Chart

Sypris Solutions 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 -3.05 -0.45 4.86 -0.44 -0.16

Sypris Solutions 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 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 0.66 0.35 0.45 -0.33 -0.63

Competitive Comparison of Sypris Solutions's EBIT

For the Auto Parts subindustry, Sypris Solutions'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.


Sypris Solutions's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sypris Solutions's EV-to-EBIT distribution charts can be found below:

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



Sypris Solutions 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 $-0.2 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.


Sypris Solutions  (NAS:SYPR) EBIT Explanation

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

Sypris Solutions'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 )
=-1.132 * ( 1 - -23.88% )/( (39.879 + 90.603)/ 2 )
=-1.4023216/65.241
=-2.15 %

where

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

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

Sypris Solutions'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 )
=-2.5/( ( (20.243 + max(15.125, 0)) + (20.442 + max(8.379, 0)) )/ 2 )
=-2.5/( ( 35.368 + 28.821 )/ 2 )
=-2.5/32.0945
=-7.79 %

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)
=(10.777 + 76.669 + 9.284) - (81.605 + 0 + -1.4210854715202E-14)
=15.125

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.929 + 77.314 + 5.105) - (30.858 + 50.087 + 2.024)
=8.379

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.156/39.310
=-0.40 %

* 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.


Sypris Solutions EBIT Related Terms

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Sypris Solutions (Sypris Solutions) Business Description

Traded in Other Exchanges
N/A
Address
101 Bullitt Lane, Suite 450, Louisville, KY, USA, 40222
Sypris Solutions Inc is a us based company engaged in providing outsourced services and specialty products. It offers a range of manufacturing, engineering, design and other technical services. Business activity of the firm is functioned through Sypris Technologies and Sypris Electronics segments. Sypris Technologies segment is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets whereas the Sypris Electronics segment is engaged in the sale of manufacturing services, technical services, and products to customers in the market for aerospace and defense electronics. Sypris derives most of the revenue from Technologies segment.
Executives
Richard L Davis officer: Senior Vice President 101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Rebecca R Eckert officer: Principal Accounting Officer, other: Controller 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Anthony C Allen officer: VP of Finance & IT/Asst. Sec. 101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Jeffrey T Gill director, 10 percent owner, officer: President & CEO 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Gary L Convis director 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
William G Ferko director 7419 CEDAR BLUFF CT, PROSPECT KY 40059
Stephen W Straub officer: Vice President Operations 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert E Gill director, 10 percent owner, officer: Chairman 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert F Lentz director 1311 VIA TOSCANA WAY, SUN CITY CENTER FL 33573
Paul G Larochelle other: VP and Pres. of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Brian A. Lutes officer: VP & CFO 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
John James Walsh other: President of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
French Mitchel Glen Jr officer: Principal Accounting Officer, other: Controller 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
De Carvalho Sergio L other: VP and Pres. of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Petersen Sidney R/ca director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103

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