RAS Technology Holdings (ASX:RTH) EBIT : A$0.89 Mil (TTM As of Dec. 2024)

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What is RAS Technology Holdings EBIT?

RAS Technology Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$0.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RAS Technology Holdings's annualized ROC % for the quarter that ended in Dec. 2024 was 1.27%. RAS Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 96.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RAS Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.83%.

RAS Technology Holdings EBIT Historical Data

The historical data trend for RAS Technology 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.

RAS Technology Holdings EBIT Chart

RAS Technology Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

EBIT

-3.19

-1.08

0.24

RAS Technology Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial			-0.55	-0.53	-0.15	0.39	0.50

Competitive Comparison of RAS Technology Holdings's EBIT

For the Software - Infrastructure subindustry, RAS Technology 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.

RAS Technology Holdings's EV-to-EBIT Distribution in the Software Industry

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

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

RAS Technology 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.89 Mil.

RAS Technology Holdings (ASX:RTH) EBIT Explanation

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

RAS Technology Holdings's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	0.148 * ( 1 - 16% )	/	( (9.455	+	10.175)	/ 2 )
=	0.12432	/	9.815
=	1.27 %

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	))
=	19.469	-	2.341	-	( 8.348	-	max(0, 4.814	-	12.487	+	8.348	))
=	9.455

	Invested Capital		(Q: Dec. 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	))
=	20.813	-	1.973	-	( 8.791	-	max(0, 4.411	-	13.076	+	8.791	))
=	10.175

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

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

RAS Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.994	/	( ( (1.018 + max(-2.018, 0))	+	(0.827 + max(0.217, 0)) )	/	2 )
=	0.994	/	( ( 1.018	+	1.044 )	/	2 )
=	0.994	/	1.031
=	96.41 %

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)
=	(1.937	+	0	+	0.528)	-	(2.341	+	0.733	+	1.409)
=	-2.018

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.8	+	0	+	0.485)	-	(1.973	+	0.288	+	1.807)
=	0.217

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	0.886	/	31.286
	=	2.83 %

RAS Technology Holdings EBIT Related Terms

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RAS Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RAS Technology Holdings Ltd (ASX:RTH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Wentworth Avenue, Unit 4, Mezzanine Level, Kingston, ACT, AUS, 2604

Website

https://racingandsports.company

RAS Technology Holdings Ltd is a provider of fully integrated premium data, enhanced content, SaaS solutions, and digital and media services to the global racing and wagering industries. Geographically the company operates in Australia, the United Kingdom, the United States, and the Rest of the World. The company generates the majority of its revenue from Australia.