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ATI Airtest Technologies (ATI Airtest Technologies) EBIT : $0.11 Mil (TTM As of Sep. 2023)


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What is ATI Airtest Technologies EBIT?

ATI Airtest Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ATI Airtest Technologies's annualized ROC % for the quarter that ended in Sep. 2023 was -89.19%. ATI Airtest Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -604.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ATI Airtest Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.77%.

ATI Airtest Technologies EBIT Historical Data

The historical data trend for ATI Airtest Technologies'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.

ATI Airtest Technologies EBIT Chart

ATI Airtest Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 0.43 -1.92 -0.66 0.01

ATI Airtest Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.20 0.49 -0.25 - -0.13

Competitive Comparison of ATI Airtest Technologies's EBIT

For the Specialty Industrial Machinery subindustry, ATI Airtest Technologies'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.

ATI Airtest Technologies's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATI Airtest Technologies's EV-to-EBIT distribution charts can be found below:

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


ATI Airtest Technologies 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 $0.11 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.

ATI Airtest Technologies  (OTCPK:AATGF) EBIT Explanation

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

ATI Airtest Technologies'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 )
=-0.528 * ( 1 - 0% )/( (0.653 + 0.531)/ 2 )
=-0.528/0.592
=-89.19 %

where

Invested Capital(Q: Jun. 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))
=1.103 - 2.869 - ( 0 - max(0, 3.433 - 1.014+0))
=0.653

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))
=0.959 - 2.908 - ( 0 - max(0, 3.352 - 0.872+0))
=0.531

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

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

ATI Airtest Technologies'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 )
=-0.532/( ( (0.089 + max(-1.997, 0)) + (0.087 + max(-2.211, 0)) )/ 2 )
=-0.532/( ( 0.089 + 0.087 )/ 2 )
=-0.532/0.088
=-604.55 %

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)
=(0.189 + 0.72 + 0.08) - (2.869 + 0 + 0.117)
=-1.997

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.057 + 0.712 + 0.079) - (2.908 + 0.035 + 0.116)
=-2.211

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:

ATI Airtest Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=0.108/2.265
=4.77 %

* 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.

ATI Airtest Technologies EBIT Related Terms

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ATI Airtest Technologies (ATI Airtest Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ATI Airtest Technologies Inc (OTCPK:AATGF) » Definitions » EBIT
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TSXV:CTEK TSXV:CAG XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH XKRX:373220 EMR AME CMI IR OTIS TSE:6273 BSP:WEGE3 ROK XYL TSE:7011 TSE:6954
Traded in Other Exchanges
AAT:Canada
Address
1520 Cliveden Avenue, Unit 9, Delta, BC, CAN, V3M 6J8
Website
https://www.airtesttechnologies.com
ATI Airtest Technologies Inc is engaged in the manufacturing and selling of air testing equipment and related services in Canada and the United States. Its product offering includes WiFi Transmitters, Portables/Data Logging, EnOcean Transmitters, CO2 Demand Controlled Ventilation, Parking Garage Ventilation, Air Velocity, Agriculture, Gases For Health and Safety, Industrial Dew Point, Industrial Humidity and Temp, Moisture In Oil and Calibration. The company generates a majority of its revenue from the United States.