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EchoStar (EchoStar) EBIT : $-1,841 Mil (TTM As of Dec. 2023)


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What is EchoStar EBIT?

EchoStar's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-1,957 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,841 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EchoStar's annualized ROC % for the quarter that ended in Dec. 2023 was 4.27%. EchoStar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -104.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EchoStar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.63%.


EchoStar EBIT Historical Data

The historical data trend for EchoStar'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.

EchoStar EBIT Chart

EchoStar 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 157.85 120.09 3,461.02 3,414.52 -1,841.33

EchoStar 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 3,201.06 52.57 41.10 21.73 -1,956.72

Competitive Comparison of EchoStar's EBIT

For the Communication Equipment subindustry, EchoStar'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.


EchoStar's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, EchoStar's EV-to-EBIT distribution charts can be found below:

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



EchoStar 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 $-1,841 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.


EchoStar  (NAS:SATS) EBIT Explanation

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

EchoStar'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 )
=1541.392 * ( 1 - 16.72% )/( (4064.622 + 56018.392)/ 2 )
=1283.6712576/30041.507
=4.27 %

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))
=6230.458 - 176.561 - ( 1989.275 - max(0, 396.679 - 2472.937+1989.275))
=4064.622

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))
=57108.894 - 4217.277 - ( 2444.42 - max(0, 8018.589 - 4891.814+2444.42))
=56018.392

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

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

EchoStar'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 )
=-7826.88/( ( (2288.433 + max(44.729, 0)) + (12627.282 + max(-2524.541, 0)) )/ 2 )
=-7826.88/( ( 2333.162 + 12627.282 )/ 2 )
=-7826.88/7480.222
=-104.63 %

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)
=(183.042 + 167.511 + 73) - (176.561 + 122.288 + 79.975)
=44.729

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1122.139 + 665.169 + 660.086) - (4217.277 + 754.658 + -9.0949470177293E-13)
=-2524.541

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1841.327/27752.521
=-6.63 %

* 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.


EchoStar EBIT Related Terms

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


EchoStar (EchoStar) Business Description

Traded in Other Exchanges
Address
100 Inverness Terrace East, Englewood, CO, USA, 80112-5308
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.
Executives
C Mike Schroeder director 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jeffrey R Tarr director DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
William David Wade director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Lisa W. Hershman director PO BOX 1602, SOUTH BEND IN 46634
R Stanton Dodge director ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Pradman P Kaul director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Hamid Akhavan officer: CEO and President 1226 EARNESTINE ST., MCLEAN VA 22101
Ergen Two-year March 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Veronika Takacs officer: Principal Accounting Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Adrian Morris officer: Chief Technology Officer HUGHES COMMUNICATIONS, INC., 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Ramesh Ramaswamy officer: Executive VP - International 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Michelle Pearre officer: Chief Human Resources Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876