Authentic Holdings (Authentic Holdings) EBIT : $-2.09 Mil (TTM As of Sep. 2023)

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What is Authentic Holdings EBIT?

Authentic Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Authentic Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -7.33%. Authentic Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -6,400.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Authentic Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -58.62%.

Authentic Holdings EBIT Historical Data

The historical data trend for Authentic 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.

Authentic Holdings EBIT Chart

Authentic Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-0.34

-1.02

-0.96

-1.18

-0.96

Authentic Holdings 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															-0.18	-1.11	0.93	-1.27	-0.65

Competitive Comparison of Authentic Holdings's EBIT

For the Apparel Manufacturing subindustry, Authentic 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.

Authentic Holdings's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Authentic Holdings's EV-to-EBIT distribution charts can be found below:

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

Authentic 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.09 Mil.

Authentic Holdings (OTCPK:AHRO) EBIT Explanation

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

Authentic Holdings'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 )
=	-0.34 * ( 1 - 0% )	/	( (4.278	+	5.005)	/ 2 )
=	-0.34	/	4.6415
=	-7.33 %

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	))
=	0.524	-	0.644	-	( 0.01	-	max(0, 4.858	-	0.46	+	0.01	))
=	4.278

	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	))
=	0.501	-	0.636	-	( 0.001	-	max(0, 5.591	-	0.451	+	0.001	))
=	5.005

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

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

Authentic Holdings'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 )
=	-2.592	/	( ( (0.046 + max(-2.005, 0))	+	(0.035 + max(-2.561, 0)) )	/	2 )
=	-2.592	/	( ( 0.046	+	0.035 )	/	2 )
=	-2.592	/	0.0405
=	-6,400.00 %

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	+	0	+	0.45)	-	(0.644	+	0	+	1.811)
=	-2.005

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.45)	-	(0.636	+	0	+	2.375)
=	-2.561

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-2.092	/	3.569
	=	-58.62 %

Authentic Holdings EBIT Related Terms

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Authentic Holdings (Authentic Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Authentic Holdings Inc (OTCPK:AHRO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Division Street, Suite 501, Somerville, NJ, USA, 08873

Website

https://www.globalfibertechnologies.com

Authentic Holdings Inc formerly Global Fiber Technologies Inc operates through two separate subsidiaries one of the subsidiary named Authentic Heroes is into has patented technology that takes the original event worn apparel from an iconic individual and creates "Fan-wear" collectibles containing fibers from that original. This subsidiary also in the business of creating vinyl records for distribution into retail department stores and online sales. Another subsidiary named Ecotek360 its in development stage which plans on offering branded fabrics, apparel and uniforms to the corporate, hotel, hospital and military markets.

Executives

Peter J Vazquez	officer: Secretary	18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Paul Serbiak	director	50 DIVISION STREET, SOMERVILLE NJ 08876
Jonathan Schultz	10 percent owner	35602 NE AMMETER ROAD, WASHOUGAL WA 98671
Chris Giordano	director	32 BRIDGES RD, STE 330, FAIRFIELD NJ 07006
Donald J Trump	10 percent owner	725 FIFTH AVENUE, 24TH FL, NEW YORK NY 10022
Michael A Jacobson	director, 10 percent owner, officer: President and CEO	C/O PREMIERE PUBLISHING GROUP, INC., 386 PARK AVENUE SOUTH, 16TH FLOOR, NEW YORK NY 10016
Damm Al Van	officer: Controller and P.F.O.	C/O PREMIERE PUBLISHING GROUP, INC., 386 PARK AVENUE SOUTH, 16TH FLOOR, NEW YORK NY 10016