Ault Disruptive Technologies (Ault Disruptive Technologies) EBIT : $0.10 Mil (TTM As of Mar. 2024)

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What is Ault Disruptive Technologies EBIT?

Ault Disruptive Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ault Disruptive Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -56.85%. Ault Disruptive Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ault Disruptive Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.25%.

Ault Disruptive Technologies EBIT Historical Data

The historical data trend for Ault Disruptive 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.

Ault Disruptive Technologies EBIT Chart

Ault Disruptive Technologies Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

0.29

1.29

Ault Disruptive Technologies Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial								0.90	0.82	-0.19	-0.24	-0.29

Competitive Comparison of Ault Disruptive Technologies's EBIT

For the Shell Companies subindustry, Ault Disruptive 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.

Ault Disruptive Technologies's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ault Disruptive Technologies's EV-to-EBIT distribution charts can be found below:

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

Ault Disruptive 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 Mil.

Ault Disruptive Technologies (AMEX:ADRT) EBIT Explanation

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

Ault Disruptive Technologies'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 )
=	-1.26 * ( 1 - 0% )	/	( (2.75	+	1.683)	/ 2 )
=	-1.26	/	2.2165
=	-56.85 %

where

	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	))
=	2.374	-	1.639	-	( 0.163	-	max(0, 2.189	-	0.174	+	0.163	))
=	2.75

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	0.994	-	1.672	-	( 0.135	-	max(0, 2.559	-	0.198	+	0.135	))
=	1.683

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Ault Disruptive Technologies'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 )
=	-1.176	/	( ( (0 + max(-1.628, 0))	+	(0 + max(-1.608, 0)) )	/	2 )
=	-1.176	/	( ( 0	+	0 )	/	2 )
=	-1.176	/	0
=	%

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	+	0	+	0.011)	-	(1.639	+	0	+	0)
=	-1.628

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.063)	-	(1.672	+	0	+	-0.00099999999999989)
=	-1.608

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	0.1	/	40.473
	=	0.25 %

Ault Disruptive Technologies EBIT Related Terms

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Ault Disruptive Technologies (Ault Disruptive Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ault Disruptive Technologies Corp (AMEX:ADRT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141

Website

https://www.aultdisruptive.com/

Ault Disruptive Technologies Corp is a blank check company.

Executives

Ault Milton C Iii	director	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Robert O Smith	director	DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
William B. Horne	director, officer: Chief Executive Officer	C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Jeffrey Allen Bentz	director	107 E BONITA WAY, TEMPE AZ 85281
Henry Carl Nisser	director, officer: President and General Counsel	100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kenneth S Cragun	officer: Chief Financial Officer	3775 CHIPPEWA CIRCLE, CORONA CA 92881
David J Katzoff	officer: Vice President - Finance	201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Mark Gustafson	director	10691 ROSECROFT CRESCENT, RICHMOND A1 V7A 2H9
Ault Disruptive Technologies Company, Llc	10 percent owner	11411 SOUTHERN HIGHLANDS PKWY, SUITE 240, LAS VEGAS NV 89141
Mark Christian Nelson	director	C/O AULT DISRUPTIVE TECHNOLOGIES CORP, 11411 SOUTHERN HIGHLANDS, PKWY 240, LAS VEGAS NV 89141

Ault Disruptive Technologies (Ault Disruptive Technologies) Headlines

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