BIOAF (Bioasis Technologies) EBIT: $-2.49 Mil (TTM As of Nov. 2022)

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BIOAF Bioasis Technologies Inc BIOAF
12 GF Score
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What is Bioasis Technologies EBIT?

Bioasis Technologies BIOAF 12 EBIT is $-2.49 Mil as of Nov. 2022. GuruFocus rates BIOAF with a GF Score™ of 12/100.

Bioasis Technologies's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2022 was $-0.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2022 was $-2.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bioasis Technologies's annualized ROC % for the quarter that ended in Nov. 2022 was -85.01%. Bioasis Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Bioasis Technologies  (OTCPK:BIOAF) EBIT Explanation

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

Bioasis Technologies's annualized ROC % for the quarter that ended in Nov. 2022 is calculated as:

ROC % (Q: Nov. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2022 ) + Invested Capital (Q: Nov. 2022 ))/ count )
=-2.076 * ( 1 - 0% )/( (2.562 + 2.322)/ 2 )
=-2.076/2.442
=-85.01 %

where

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

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

Bioasis Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Nov. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.3/( ( (0 + max(-1.235, 0)) + (0 + max(-1.395, 0)) )/ 2 )
=-2.3/( ( 0 + 0 )/ 2 )
=-2.3/0
= %

where Working Capital is:

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.014 + 0 + 0.249) - (1.192 + 0.305 + 0.00099999999999989)
=-1.235

Working Capital(Q: Nov. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.01 + 0 + 0.158) - (1.381 + 0.182 + 0)
=-1.395

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2022 )
=-2.491/0.000
= %

* 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.


Bioasis Technologies EBIT Related Terms


Bioasis Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Bioasis 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.

Bioasis Technologies EBIT Chart

Bioasis Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.19 -3.68 -3.46 0.30 -2.83

Bioasis Technologies Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 -0.82 -1.26 0.01 -0.67 -0.58

BIOAF vs VRTX, REGN, SGEN: EBIT Comparison

For the Biotechnology subindustry, Bioasis 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.


Bioasis Technologies EV-to-EBIT vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bioasis Technologies's EV-to-EBIT distribution charts can be found below:

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


BIOAF
12GF Score
Bioasis Technologies Inc BIOAF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bioasis 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 Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.49 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-2.49 Mil mean?
Bioasis Technologies (BIOAF) has a EBIT of $-2.49 Mil as of Nov. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bioasis Technologies.
Is Bioasis Technologies' EBIT too high?
Bioasis Technologies' current EBIT is $-2.49 Mil. Overall, Bioasis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Bioasis Technologies' EBIT compare to VRTX and REGN?
Bioasis Technologies' EBIT of $-2.49 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Biotechnology company?
A good EBIT depends on the Biotechnology industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bioasis Technologies. Bioasis Technologies's current EBIT is $-2.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bioasis Technologies stock overvalued right now?
Bioasis Technologies (BIOAF) has a current EBIT of $-2.49 Mil. The current EBIT is $-2.49 Mil. Bioasis Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Bioasis Technologies (BIOAF), the current EBIT is $-2.49 Mil as of Nov. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bioasis Technologies Business Description

Address 157 Church Street, 19th Floor, New Haven, CT, USA, 06510
Bioasis Technologies Inc is a development stage biopharmaceutical company engaged in the research and development of products for the diagnosis and treatment of neurological diseases and disorders. The company's xB3 program describes its proprietary carrier, p97, and components thereof, to deliver therapeutics across the blood-brain barrier (BBB).
12GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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