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ATCH (AtlasClear Holdings) EBIT : $-104.82 Mil (TTM As of Sep. 2024)


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What is AtlasClear Holdings EBIT?

AtlasClear Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $12.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-104.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AtlasClear Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was -8.26%. AtlasClear Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15,236.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AtlasClear Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -382.92%.

AtlasClear Holdings EBIT Historical Data

The historical data trend for AtlasClear 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.

AtlasClear Holdings EBIT Chart

AtlasClear Holdings Annual Data
Trend Jun22 Jun23
EBIT
1.88 0.26

AtlasClear Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only -0.12 - -88.06 -28.98 12.23

Competitive Comparison of AtlasClear Holdings's EBIT

For the Software - Infrastructure subindustry, AtlasClear 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.

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

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

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


AtlasClear 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-104.82 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.

AtlasClear Holdings  (AMEX:ATCH) EBIT Explanation

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

AtlasClear Holdings'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 )
=-3.54 * ( 1 - 0.2% )/( (50.287 + 35.281)/ 2 )
=-3.53292/42.784
=-8.26 %

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))
=57.467 - 28.904 - ( 6.558 - max(0, 51.322 - 29.598+6.558))
=50.287

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))
=55.995 - 27.783 - ( 6.817 - max(0, 36.998 - 29.929+6.817))
=35.281

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

AtlasClear Holdings'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 )
=48.908/( ( (0.342 + max(-12.945, 0)) + (0.3 + max(-10.251, 0)) )/ 2 )
=48.908/( ( 0.342 + 0.3 )/ 2 )
=48.908/0.321
=15,236.14 %

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)
=(0.824 + 0 + 20.818) - (28.904 + 0 + 5.683)
=-12.945

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.171 + 0 + 20.794) - (27.783 + 0 + 3.433)
=-10.251

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-104.817/27.373
=-382.92 %

* 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.

AtlasClear Holdings EBIT Related Terms

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AtlasClear Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
4030 Henderson Boulevard, Suite 712, Tampa, FL, USA, 33629
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.