GURUFOCUS.COM » STOCK LIST » Technology » Software » Adacel Technologies Ltd (ASX:ADA) » Definitions » EBIT

Adacel Technologies (ASX:ADA) EBIT : A$-5.02 Mil (TTM As of Jun. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Adacel Technologies EBIT?

Adacel Technologies's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-3.87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-5.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adacel Technologies's annualized ROC % for the quarter that ended in Jun. 2024 was -10.86%. Adacel Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -58.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adacel Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.86%.


Adacel Technologies EBIT Historical Data

The historical data trend for Adacel 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.

Adacel Technologies EBIT Chart

Adacel Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 7.84 7.65 1.91 -5.03

Adacel Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.86 1.73 0.17 -1.15 -3.87

Competitive Comparison of Adacel Technologies's EBIT

For the Software - Application subindustry, Adacel 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.


Adacel Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Adacel Technologies's EV-to-EBIT distribution charts can be found below:

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



Adacel 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-5.02 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.


Adacel Technologies  (ASX:ADA) EBIT Explanation

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

Adacel Technologies's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-3.496 * ( 1 - -0.9% )/( (32.904 + 32.032)/ 2 )
=-3.527464/32.468
=-10.86 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Adacel Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.732/( ( (8.768 + max(6.439, 0)) + (8.836 + max(2.314, 0)) )/ 2 )
=-7.732/( ( 15.207 + 11.15 )/ 2 )
=-7.732/13.1785
=-58.67 %

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)
=(9.792 + 0.508 + 6.71) - (4.089 + 1.034 + 5.448)
=6.439

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.012 + 3.062 + 7.967) - (7.26 + 3.045 + 3.422)
=2.314

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-5.018/50.917
=-9.86 %

* 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.


Adacel Technologies EBIT Related Terms

Thank you for viewing the detailed overview of Adacel Technologies's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Adacel Technologies Business Description

Traded in Other Exchanges
Address
Level 4, 150 Albert Road, Suite 31, South Melbourne, Melbourne, VIC, AUS, 3205
Adacel Technologies Ltd develops and sells simulation and control systems. The company's operating segment includes Systems and Services. It generates maximum revenue from the Services segment. The Services segment includes software maintenance and all aspects of system support, field services, and on-site technical services. Its Systems segment includes operational air traffic management as well as simulation and training applications. Geographically, it derives a majority of its revenue from Canada and also has a presence in the USA Estonia and Australia.

Adacel Technologies Headlines

No Headlines