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AIFarm (AIFarm) EBIT : $-0.49 Mil (TTM As of Dec. 2019)


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What is AIFarm EBIT?

AIFarm's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2019 was $-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AIFarm's annualized ROC % for the quarter that ended in Dec. 2019 was %. AIFarm's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AIFarm's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -71.79%.


AIFarm EBIT Historical Data

The historical data trend for AIFarm'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.

AIFarm EBIT Chart

AIFarm Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial -2.64 -1.75 0.07 -0.09 -0.49

AIFarm Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -0.03 -0.14 -0.08 -0.22 -0.06

Competitive Comparison of AIFarm's EBIT

For the Farm & Heavy Construction Machinery subindustry, AIFarm'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.


AIFarm's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AIFarm's EV-to-EBIT distribution charts can be found below:

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



AIFarm 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.49 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.


AIFarm  (OTCPK:AIFM) EBIT Explanation

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

AIFarm's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-0.224 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-0.224/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

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

AIFarm's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.224/( ( (0 + max(-3.538, 0)) + (0 + max(-3.482, 0)) )/ 2 )
=-0.224/( ( 0 + 0 )/ 2 )
=-0.224/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (3.538 + 0 + 0)
=-3.538

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (3.482 + 0 + 0)
=-3.482

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=-0.486/0.677
=-71.79 %

* 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.


AIFarm EBIT Related Terms

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AIFarm (AIFarm) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 503, 5th Floor, Silvercord Tower 2, TST, Kowloon, Hong Kong, HKG
AIFarm Ltd is enggaed in developed a proprietary growing system that designs and builds custom biodomes ranging in size appropriate for global commercial agricultural concerns as well as small local producers. The company provides sustainable horticultural solutions. It offers products and services, including GPS/GNSS farm plan, weather modeling, data analysis, and variable fertilizing components.
Executives
Yuen May Cheung director, 10 percent owner, officer: CEO/President FLAT A, 15/F., BLOCK 1, SITE 7 WHAMPOA GARDEN, HUNG HOM KOWLOON K3 00000
Chan Kin Ho Philip officer: Chief Financial Officer 2302, KAM WAI HOUSE KAM FUNG COURT SHATIN, NT K3 00000
Victor James Elias officer: Chief Financial Officer RM. 802, 8/F., KAI TAK COMMERCIAL BLDG 317-319 DES VOEUX ROAD CENTRAL K3 00000
Thomas Carlton Colclough officer: Chief Operating Officer 16 HACKWOOD CLOSE BARLASTON PARK BARLASTON X0 ST12 9BE

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