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Apyx Medical's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-3.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-22.90 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apyx Medical's annualized ROC % for the quarter that ended in Sep. 2024 was -61.13%. Apyx Medical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -61.12%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apyx Medical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -47.46%.
The historical data trend for Apyx Medical'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.
Apyx Medical Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EBIT | Get a 7-Day Free Trial |
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-19.83 | -19.36 | -14.81 | -22.90 | -18.80 |
Apyx Medical Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EBIT | Get a 7-Day Free Trial |
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-4.41 | -8.42 | -6.14 | -5.11 | -3.23 |
For the Medical Devices subindustry, Apyx Medical'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 Medical Devices & Instruments industry and Healthcare sector, Apyx Medical's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Apyx Medical'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 $-22.90 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.
Apyx Medical (NAS:APYX) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Apyx Medical'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 ) |
= | -14.54 * ( 1 - -1.29% ) | / | ( (24.179 | + | 24.002) | / 2 ) |
= | -14.727566 | / | 24.0905 | |||
= | -61.13 % |
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 | )) |
= | 65.394 | - | 8.537 | - | ( 32.678 | - | max(0, 10.639 | - | 56.671 | + | 32.678 | )) |
= | 24.179 |
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 | )) |
= | 60.721 | - | 8.706 | - | ( 28.013 | - | max(0, 9.555 | - | 52.158 | + | 28.013 | )) |
= | 24.002 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Apyx Medical'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 ) |
= | -12.932 | / | ( ( (6.912 + max(13.687, 0)) | + | (6.778 + max(14.94, 0)) ) | / | 2 ) |
= | -12.932 | / | ( ( 20.599 | + | 21.718 ) | / | 2 ) |
= | -12.932 | / | 21.1585 | ||||
= | -61.12 % |
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) |
= | (12.709 | + | 9.324 | + | 1.96) | - | (8.537 | + | 0.778 | + | 0.991) |
= | 13.687 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (13.036 | + | 9 | + | 2.109) | - | (8.706 | + | 0.499 | + | 0) |
= | 14.94 |
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:
Apyx Medical's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | -22.904 | / | 48.257 | |
= | -47.46 % |
* 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 Apyx Medical's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Todd Hornsby | officer: Executive Vice President | 14321 HAWTHORNE DR., CARMEL IN 46033 |
Goodwin Charles D. Ii | director, officer: Chief Executive Officer | 5115 ULMERTON ROAD, CLEARWATER FL 33760 |
Wendy Lauren Levine | director | 75 KENMARE STREET, APT. 2D, NEW YORK NY 10012 |
Minnie Baylor-henry | director | C/O SCPHARMACUETICALS, INC., 2400 DISTRICT AVENUE SUITE 310, BURLINGTON MA 01803 |
Tara Semb | officer: Chief Financial Officer | 5516 RIVERSIDE HEIGHTS WAY, RICHMOND VA 23225 |
Craig A. Swandal | director | 5115 ULMERTON ROAD, CLEARWATER FL 33760 |
Michael Geraghty | director | 1342 CHERRY HILL ROAD, MENDOTA HEIGHTS MN 55118 |
Lawrence Waldman | director | 5115 ULMERTON RD., CLEARWATER FL 33770 |
John C. Andres | director | 86 CAPRI LANE, CHATHAM MA 02633 |
Jay D. Ewers | officer: Chief Financial Officer | 4 MANHATTANVILLE ROAD, SUITE 106, PURCHASE NY 10577 |
J Robert Saron | director, officer: President | |
Robert Gershon | director, officer: Chief Executive Officer | 5115 ULMERTON ROAD, CLEARWATER FL 33760 |
Mccarthy John J. Iii | officer: Chief CommercializationOfficer | 23 RINALDO ROAD, NORTHPORT NY 11768 |
Scott Richard Davidson | director | C/O GREAT POINT PARTNERS, LLC, 165 MASON STREET, GREENWICH CT 06830 |
Moshe Citronowicz | officer: Vice President of Operations |
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