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NTG Clarity Networks (TSXV:NCI) EBIT : C$2.53 Mil (TTM As of Sep. 2023)


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What is NTG Clarity Networks EBIT?

NTG Clarity Networks's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$0.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$2.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NTG Clarity Networks's annualized ROC % for the quarter that ended in Sep. 2023 was 83.94%. NTG Clarity Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 448.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NTG Clarity Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 9.44%.


NTG Clarity Networks EBIT Historical Data

The historical data trend for NTG Clarity Networks'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.

NTG Clarity Networks EBIT Chart

NTG Clarity Networks 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 -7.87 -1.36 1.58 1.57 2.60

NTG Clarity Networks 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 0.24 1.12 0.93 0.71 -0.22

Competitive Comparison of NTG Clarity Networks's EBIT

For the Software - Application subindustry, NTG Clarity Networks'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.


NTG Clarity Networks's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, NTG Clarity Networks's EV-to-EBIT distribution charts can be found below:

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



NTG Clarity Networks 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.53 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.


NTG Clarity Networks  (TSXV:NCI) EBIT Explanation

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

NTG Clarity Networks's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=4.6 * ( 1 - 0% )/( (5.45 + 5.51)/ 2 )
=4.6/5.48
=83.94 %

where

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

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

NTG Clarity Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.824/( ( (0.618 + max(-2.544, 0)) + (0.64 + max(-3.275, 0)) )/ 2 )
=2.824/( ( 0.618 + 0.64 )/ 2 )
=2.824/0.629
=448.97 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.939 + 0 + 0.266) - (7.748 + 0 + 0.00099999999999945)
=-2.544

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.33 + 0 + 0.222) - (8.827 + 0 + 0)
=-3.275

When net working capital is negative, 0 is used.

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

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

NTG Clarity Networks's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=2.532/26.811
=9.44 %

* 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.


NTG Clarity Networks EBIT Related Terms

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NTG Clarity Networks (TSXV:NCI) Business Description

Traded in Other Exchanges
Address
2820 Fourteenth Avenue, Suite 202, Markham, ON, CAN, L3R 0S9
NTG Clarity Networks Inc provides telecommunications engineering, Information Technology, networking, and related software solutions. It develops niche software products directed at telecom service providers and utilities markets. The company also provides professional services and managed services to the same vertical. In addition, it has also expanded into the financial and government sectors by providing products and technical resources to assist customers with projects that include digital transformation. The company`s Canadian segment is made up of activities in Canada and offices in Saudi Arabia and Oman; and the Egypt segment is a software development group that also provides professional services, offshoring services, and network services to customers in Egypt.

NTG Clarity Networks (TSXV:NCI) Headlines