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Allarity Therapeutics's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-11.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-18.27 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Allarity Therapeutics's annualized ROC % for the quarter that ended in Sep. 2024 was -164.86%. Allarity Therapeutics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -328,744.83%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Allarity Therapeutics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 144.99%.
The historical data trend for Allarity Therapeutics'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.
Allarity Therapeutics Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
EBIT | -15.67 | -6.10 | -25.88 | -17.36 | -11.32 |
Allarity Therapeutics Quarterly Data | ||||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EBIT | Get a 7-Day Free Trial | -4.41 | -1.41 | -3.75 | -1.20 | -11.92 |
For the Biotechnology subindustry, Allarity Therapeutics'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.
For the Biotechnology industry and Healthcare sector, Allarity Therapeutics's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Allarity Therapeutics's EV-to-EBIT falls into.
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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18.27 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.
Allarity Therapeutics (NAS:ALLR) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Allarity Therapeutics's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:
ROC % (Q: Sep. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2024 ) | + | Invested Capital (Q: Sep. 2024 )) | / count ) |
= | -10.44 * ( 1 - 3.15% ) | / | ( (10.915 | + | 1.351) | / 2 ) |
= | -10.11114 | / | 6.133 | |||
= | -164.86 % |
where
Invested Capital | (Q: Jun. 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 | )) |
= | 30.883 | - | 9.275 | - | ( 19.233 | - | max(0, 10.616 | - | 21.309 | + | 19.233 | )) |
= | 10.915 |
Invested Capital | (Q: Sep. 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 | )) |
= | 20.378 | - | 6.075 | - | ( 18.463 | - | max(0, 7.414 | - | 20.366 | + | 18.463 | )) |
= | 1.351 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Allarity Therapeutics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2024 | Q: Sep. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | -47.668 | / | ( ( (0.017 + max(-8.794, 0)) | + | (0.012 + max(-5.826, 0)) ) | / | 2 ) |
= | -47.668 | / | ( ( 0.017 | + | 0.012 ) | / | 2 ) |
= | -47.668 | / | 0.0145 | ||||
= | -328,744.83 % |
where Working Capital is:
Working Capital | (Q: Jun. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0 | + | 0 | + | 0.497) | - | (9.275 | + | 0 | + | 0.016) |
= | -8.794 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0 | + | 0 | + | 0.251) | - | (6.075 | + | 0 | + | 0.0019999999999998) |
= | -5.826 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Allarity Therapeutics's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | -18.274 | / | -12.604 | |
= | 144.99 % |
* 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.
Thank you for viewing the detailed overview of Allarity Therapeutics's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Laura Benjamin | director | 168 GOODRICH ST., LUNENBURG MA 01462 |
Joseph Walter Vazzano | director | 1330 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10019 |
Gerald W. Mclaughlin | director | 227 WASHINGTON STREET, SUITE 200, CONSHOHOCKEN PA 19428 |
David Roth | director | C/O SYROS PHARMACEUTICALS, INC., 620 MEMORIAL DRIVE, CAMBRIDGE MA 02139 |
Joan Yvonne Brown | officer: Chief Financial Officer | C/O GOLDEN PHOENIX MINERALS, INC., 1675 EAST PRATER WAY, #102, SPARKS NV 89434 |
Steve Carchedi | director, officer: Chief Executive Officer | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
Steen Knudsen | officer: Chief Scientific Officer | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
Jens Erik Knudsen | officer: Chief Financial Officer | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
Soren Gade Jensen | director | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
Duncan Moore | director | C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432 |
Thomas Jensen | officer: SVP, Information Technology | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
James G. Cullem | officer: SVP, Chief Business Officer | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
Marie Foegh | officer: Chief Medical Officer | 210 BROADWAY, STE 201, CAMBRIDGE MA 02139 |
Sass & Larsen Aps | 10 percent owner | VESTERGARDSVEJ 6, GREVE G7 DK-2670 |
Leon Sass | 10 percent owner | JERNBAEK ALLE 5, HELSINGE G7 DK-3200 |
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