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European Institute of Science AB (XSAT:EURI B) EBIT : kr-2.77 Mil (TTM As of Mar. 2024)


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What is European Institute of Science AB EBIT?

European Institute of Science AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr-0.69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-2.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. European Institute of Science AB's annualized ROC % for the quarter that ended in Mar. 2024 was -519.43%. European Institute of Science AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1,985.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. European Institute of Science AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 747.57%.


European Institute of Science AB EBIT Historical Data

The historical data trend for European Institute of Science AB'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.

European Institute of Science AB EBIT Chart

European Institute of Science AB 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 -2.89 -2.40 -2.53 -2.73 -2.72

European Institute of Science AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 -0.64 -0.72 -0.72 -0.64 -0.69

Competitive Comparison of European Institute of Science AB's EBIT

For the Medical Instruments & Supplies subindustry, European Institute of Science AB'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.


European Institute of Science AB's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, European Institute of Science AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where European Institute of Science AB's EV-to-EBIT falls into.



European Institute of Science AB 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 kr-2.77 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.


European Institute of Science AB  (XSAT:EURI B) EBIT Explanation

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

European Institute of Science AB'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 )
=-2.74 * ( 1 - 0% )/( (0.527 + 0.528)/ 2 )
=-2.74/0.5275
=-519.43 %

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:

European Institute of Science AB'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 )
=-2.74/( ( (0 + max(0.172, 0)) + (0 + max(0.104, 0)) )/ 2 )
=-2.74/( ( 0.172 + 0.104 )/ 2 )
=-2.74/0.138
=-1,985.51 %

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)
=(0.054 + 0.291 + -0.00099999999999989) - (0.016 + 0 + 0.156)
=0.172

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.092 + 0.228 + 0) - (0.069 + 0 + 0.147)
=0.104

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:

European Institute of Science AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-2.766/-0.370
=747.57 %

* 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.


European Institute of Science AB EBIT Related Terms

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European Institute of Science AB (XSAT:EURI B) Business Description

Traded in Other Exchanges
N/A
Address
Scheelevägen 27, 4th Floor, Lund, SWE, 223 63
European Institute of Science AB is a manufacturer of diagnostic assays for the clinical laboratory and point-of-care settings, as well as, point-of-care instrumentation for diagnostic applications. It focuses on veterinary health, and provides diagnostic assays and instrumentation for canine, feline and equine animals.

European Institute of Science AB (XSAT:EURI B) Headlines

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