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HyreCar (HyreCar) EV-to-EBIT : 0.38 (As of Jun. 06, 2024)


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What is HyreCar EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HyreCar's Enterprise Value is $-7.79 Mil. HyreCar's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-20.39 Mil. Therefore, HyreCar's EV-to-EBIT for today is 0.38.

The historical rank and industry rank for HyreCar's EV-to-EBIT or its related term are showing as below:

HYREQ' s EV-to-EBIT Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.38
Current: 0.38

During the past 6 years, the highest EV-to-EBIT of HyreCar was 0.38. The lowest was 0.00. And the median was 0.00.

HYREQ's EV-to-EBIT is not ranked
in the Business Services industry.
Industry Median: 12.48 vs HYREQ: 0.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HyreCar's Enterprise Value for the quarter that ended in Sep. 2022 was $20.09 Mil. HyreCar's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-20.39 Mil. HyreCar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -101.50%.


HyreCar EV-to-EBIT Historical Data

The historical data trend for HyreCar's EV-to-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.

HyreCar EV-to-EBIT Chart

HyreCar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EV-to-EBIT
Get a 7-Day Free Trial - -2.31 -2.59 -8.11 -3.23

HyreCar Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EV-to-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 -5.94 -3.23 -1.72 -0.50 -0.99

Competitive Comparison of HyreCar's EV-to-EBIT

For the Rental & Leasing Services subindustry, HyreCar'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.


HyreCar's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HyreCar's EV-to-EBIT distribution charts can be found below:

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



HyreCar EV-to-EBIT Calculation

HyreCar's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-7.790/-20.389
=0.38

HyreCar's current Enterprise Value is $-7.79 Mil.
HyreCar's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.39 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.


HyreCar  (OTCPK:HYREQ) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

HyreCar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2022 ) =EBIT / Enterprise Value (Q: Sep. 2022 )
=-20.389/20.08742234
=-101.50 %

HyreCar's Enterprise Value for the quarter that ended in Sep. 2022 was $20.09 Mil.
HyreCar's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.39 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.


HyreCar EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of HyreCar's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


HyreCar (HyreCar) Business Description

Traded in Other Exchanges
N/A
Address
915 Wilshire Boulevard, Suite 1950, Los Angeles, CA, USA, 90017
HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of transaction fees, insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations. It operates in a single segment, which is Rental.
Executives
Vazquez Eduardo Iniguez officer: Interim CFO C/O HYRECAR INC. 915 WILSHIRE BLVD., SUITE 1950, LOS ANGELES CA 90017
Brian Allan officer: President 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Bock Serge De officer: Chief Financial Officer 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Arctis Global Llc 10 percent owner AM TOWERS, 207 CALLE DEL PARQUE, 7TH FLOOR, SAN JUAN PR 00912-3242
Greg Tatem officer: Chief Technology Officer 915 WILSHIRE BLVD., SUITE 1950, LOS ANGELES CA 90017
Jayaprakash Vijayan director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Joseph Furnari director, officer: CEO and CFO C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Michael Furnari officer: CBD Officer C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Grace Wang director 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Robert Scott Brogi officer: Chief Financial Officer C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Henry Park officer: Chief Operating Officer C/O HYRECAR INC., 355 SOUTH GRAND STREET, SUITE 1650, LOS ANGELES CA 90071
Michael Root director C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Ken Grimes officer: Chief Technology Officer 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Anshu Bansal director, 10 percent owner C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Brooke Skinner-ricketts director C/O HYRECAR, INC., 355 SOUTH GRAND AVE, SUITE 1650, LOS ANGELES CA 90071

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