Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) EBIT : $12 Mil (TTM As of Dec. 2023)

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What is Aveanna Healthcare Holdings EBIT?

Aveanna Healthcare Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aveanna Healthcare Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 6.14%. Aveanna Healthcare Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 38.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aveanna Healthcare Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.67%.

Aveanna Healthcare Holdings EBIT Historical Data

The historical data trend for Aveanna Healthcare Holdings'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.

Aveanna Healthcare Holdings EBIT Chart

Aveanna Healthcare Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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17.27

31.25

-53.34

-563.87

9.07

Aveanna Healthcare Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial													-207.73	4.11	62.77	-62.16	6.91

Competitive Comparison of Aveanna Healthcare Holdings's EBIT

For the Medical Care Facilities subindustry, Aveanna Healthcare Holdings'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.

Aveanna Healthcare Holdings's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aveanna Healthcare Holdings's EV-to-EBIT distribution charts can be found below:

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

Aveanna Healthcare Holdings 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 $12 Mil.

Aveanna Healthcare Holdings (NAS:AVAH) EBIT Explanation

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

Aveanna Healthcare Holdings'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 )
=	117.172 * ( 1 - 18.54% )	/	( (1588.643	+	1521.643)	/ 2 )
=	95.4483112	/	1555.143
=	6.14 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1654.703	-	112.115	-	( 48.294	-	max(0, 364.3	-	318.245	+	48.294	))
=	1588.643

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1612.985	-	131.214	-	( 43.942	-	max(0, 354.758	-	314.886	+	43.942	))
=	1521.643

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

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

Aveanna Healthcare Holdings'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 )
=	27.652	/	( ( (73.789 + max(-71.177, 0))	+	(70.047 + max(-55.778, 0)) )	/	2 )
=	27.652	/	( ( 73.789	+	70.047 )	/	2 )
=	27.652	/	71.918
=	38.45 %

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)
=	(246.392	+	0	+	23.559)	-	(112.115	+	0	+	229.013)
=	-71.177

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(245.808	+	0	+	25.136)	-	(131.214	+	0	+	195.508)
=	-55.778

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:

Aveanna Healthcare Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	11.633	/	1744.648
	=	0.67 %

Aveanna Healthcare Holdings EBIT Related Terms

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Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aveanna Healthcare Holdings Inc (NAS:AVAH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Interstate North Parkway SE, Suite 1600, Atlanta, GA, USA, 30339

Website

https://www.aveanna.com

Aveanna Healthcare Holdings Inc is a diversified home care platform that provides care to medically complex, high-cost patient populations. It directly addresses the pressing challenges facing the U.S. healthcare system by providing safe, high-quality care in the home. The firm provides its services through three segments: Private Duty Services (PDS); Home Health & Hospice (HHH); and Medical Solutions (MS). Private Duty Services include private duty nursing (PDN) and pediatric therapy services. HHH segment provides home health, hospice, and specialty program services to elderly populations seeking compassionate care and assistance with activities of daily living in the home. MS segment provides needed supplies to patients requiring enteral nutrition services or respiratory care.

Executives

Deborah Stewart	officer: SVP, Chief Accounting Officer	400 INTERSTATE NORTH PARKWAY SE, ATLANTA GA 30339
Matthew Buckhalter	officer: See Remarks	400 INTERSTATE NORTH PARKWAY SE, SUITE 1600, ATLANTA GA 30339
Victor F Ganzi	director
David Afshar	officer: Chief Financial Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Patrick A. Cunningham	officer: Chief Compliance Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Edwin C. Reisz	officer: Chief Administrative Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Jeff Shaner	officer: Chief Operating Officer	3350 RIVERWOOD PARKWAY SUITE 1400, ATLANTA GA 30339
Tony Strange	director, officer: Chief Executive Officer	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Rodney D Windley	director, officer: Executive Chairman	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Steven E Rodgers	director
Erica Schwartz	director	400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
Bcip Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Whitney Strategic Partners Vii, L.p.	10 percent owner	130 MAIN STREET, NEW CANAAN CT 06840
Bcip T Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bcip T Associates Iv (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116