Industrial Human Capital (Industrial Human Capital) EBIT : $-2.57 Mil (TTM As of Jun. 2022)

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What is Industrial Human Capital EBIT?

Industrial Human Capital's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-1.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-2.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Industrial Human Capital's annualized ROC % for the quarter that ended in Jun. 2022 was -4.18%. Industrial Human Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Industrial Human Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -8.87%.

Industrial Human Capital EBIT Historical Data

The historical data trend for Industrial Human Capital'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.

Industrial Human Capital EBIT Chart

Industrial Human Capital Annual Data

Trend

Dec21

EBIT

Industrial Human Capital Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EBIT	Get a 7-Day Free Trial			-0.01	-	-	-1.34	-1.22

Competitive Comparison of Industrial Human Capital's EBIT

For the Shell Companies subindustry, Industrial Human Capital'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.

Industrial Human Capital's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Industrial Human Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Industrial Human Capital's EV-to-EBIT falls into.

Industrial Human Capital 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.57 Mil.

Industrial Human Capital (OTCPK:AXHI) EBIT Explanation

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

Industrial Human Capital's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

	ROC % (Q: Jun. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Jun. 2022 ))	/ count )
=	-4.884 * ( 1 - 0% )	/	( (116.912	+	117.005)	/ 2 )
=	-4.884	/	116.9585
=	-4.18 %

where

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	117.002	-	1.074	-	( 0.028	-	max(0, 1.249	-	0.265	+	0.028	))
=	116.912

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	116.988	-	2.189	-	( 0.003	-	max(0, 2.384	-	0.178	+	0.003	))
=	117.005

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) data.

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

Industrial Human Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Jun. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.884	/	( ( (0 + max(-0.837, 0))	+	(0 + max(-2.014, 0)) )	/	2 )
=	-4.884	/	( ( 0	+	0 )	/	2 )
=	-4.884	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.237)	-	(1.074	+	0	+	0)
=	-0.837

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.175)	-	(2.189	+	0	+	0)
=	-2.014

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

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

Industrial Human Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2022 )
	=	-2.566	/	28.942
	=	-8.87 %

Industrial Human Capital EBIT Related Terms

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Industrial Human Capital (Industrial Human Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Industrial Human Capital Inc (OTCPK:AXHI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 Brickell Key Drive, Suite 300, Miami, FL, USA, 33131

Website

https://www.industrialhuman.capital

Industrial Human Capital Inc is a blank check company.

Executives

Gabriel Rodriguez	officer: Treasurer and CFO	C/O INDUSTRIAL HUMAN CAPITAL, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Tchaikovsky Bennet Price Jr	director	11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
John Quelch	director	C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Robert S. Gans	officer: General Counsel	C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher	10 percent owner, officer: Chief Executive Officer	4101 NW 25TH STREET, MIAMI FL 33142
Domonic J. Carney	officer: Chief Financial Officer	9400 TOLEDO WAY, IRVINE CA 92618
A.g.p. / Alliance Global Partners Corp.	other: Underwriter	88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
Shiftpixy Investments, Inc.	10 percent owner	501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Heath Hawker	director	501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131

Industrial Human Capital (Industrial Human Capital) Headlines

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