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AUUAF (Aluula Composites) EBIT : $-1.81 Mil (TTM As of Apr. 2024)


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What is Aluula Composites EBIT?

Aluula Composites's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2024 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was $-1.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aluula Composites's annualized ROC % for the quarter that ended in Apr. 2024 was -29.45%. Aluula Composites's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -59.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aluula Composites's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -9.87%.


Aluula Composites EBIT Historical Data

The historical data trend for Aluula Composites'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.

Aluula Composites EBIT Chart

Aluula Composites Annual Data
Trend Oct21 Oct22 Oct23
EBIT
0.03 -0.33 -4.02

Aluula Composites Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.66 -0.46 -0.92 -0.17 -0.26

Competitive Comparison of Aluula Composites's EBIT

For the Textile Manufacturing subindustry, Aluula Composites'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.


Aluula Composites's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aluula Composites's EV-to-EBIT distribution charts can be found below:

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



Aluula Composites 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.81 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.


Aluula Composites  (OTCPK:AUUAF) EBIT Explanation

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

Aluula Composites's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-3.244 * ( 1 - 6.87% )/( (10.323 + 10.197)/ 2 )
=-3.0211372/10.26
=-29.45 %

where

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

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

Aluula Composites's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.044/( ( (0.679 + max(1.556, 0)) + (0.595 + max(0.707, 0)) )/ 2 )
=-1.044/( ( 2.235 + 1.302 )/ 2 )
=-1.044/1.7685
=-59.03 %

where Working Capital is:

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.623 + 1.301 + 0.21) - (0.667 + 0.776 + 0.135)
=1.556

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.179 + 0.892 + 0.814) - (0.856 + 0.789 + 0.533)
=0.707

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2024) EBIT data.

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

Aluula Composites's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=-1.808/18.327
=-9.87 %

* 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.


Aluula Composites EBIT Related Terms

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Aluula Composites Business Description

Comparable Companies
Traded in Other Exchanges
Address
4240 Glanford Avenue, Suite 300, Victoria, BC, CAN, V8Z 4B8
Aluula Composites Inc is a manufacturer of composite materials. It specializes in the production of lightweight and high-performance composite materials for various applications, including the wind sports, outdoor, sailing, and aerospace markets. The company utilizes advanced manufacturing technologies, such as 3D printing, to produce its composite materials and components.

Aluula Composites Headlines