Binovi Technologies (Binovi Technologies) EBIT : $-12.90 Mil (TTM As of Feb. 2022)

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What is Binovi Technologies EBIT?

Binovi Technologies's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2022 was $-9.63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2022 was $-12.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Binovi Technologies's annualized ROC % for the quarter that ended in Feb. 2022 was -71.56%. Binovi Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2022 was -3,852,000.00%.

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

Binovi Technologies EBIT Historical Data

The historical data trend for Binovi 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.

* Premium members only.

Binovi Technologies EBIT Chart

Binovi Technologies Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

EBIT

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-2.15

-3.61

-5.76

-7.16

-12.82

Binovi Technologies Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
EBIT	Get a 7-Day Free Trial															-2.90	-1.35	-1.07	-0.85	-9.63

Competitive Comparison of Binovi Technologies's EBIT

For the Health Information Services subindustry, Binovi 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.

Binovi Technologies's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Binovi Technologies's EV-to-EBIT distribution charts can be found below:

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

Binovi 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 Feb. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.90 Mil.

Binovi Technologies (OTCPK:BNVIF) EBIT Explanation

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

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

	ROC % (Q: Feb. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2021 )	+	Invested Capital (Q: Feb. 2022 ))	/ count )
=	-3.768 * ( 1 - 0% )	/	( (9.792	+	0.739)	/ 2 )
=	-3.768	/	5.2655
=	-71.56 %

where

	Invested Capital		(Q: Nov. 2021 )
=	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	))
=	10.292	-	1.502	-	( 0.813	-	max(0, 2.348	-	1.346	+	0.813	))
=	9.792

	Invested Capital		(Q: Feb. 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	))
=	0.853	-	1.913	-	( 0.667	-	max(0, 2.651	-	0.852	+	0.667	))
=	0.739

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

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

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

	ROC (Joel Greenblatt) %		(Q: Feb. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2021		Q: Feb. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-38.52	/	( ( (0.001 + max(-1.061, 0))	+	(0.001 + max(-1.887, 0)) )	/	2 )
=	-38.52	/	( ( 0.001	+	0.001 )	/	2 )
=	-38.52	/	0.001
=	-3,852,000.00 %

where Working Capital is:

	Working Capital		(Q: Nov. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.05	+	0.169	+	0.264)	-	(1.502	+	0.003	+	0.039)
=	-1.061

	Working Capital		(Q: Feb. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.087)	-	(1.913	+	0.021	+	0.04)
=	-1.887

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2022 )
	=	-12.901	/	0.000
	=	%

Binovi Technologies EBIT Related Terms

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Binovi Technologies (Binovi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Binovi Technologies Corp (OTCPK:BNVIF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://www.binovi.com

Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.