GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » DIH Holding US Inc (NAS:DHAI) » Definitions » EBIT

DIH Holding US (DIH Holding US) EBIT : $ Mil (TTM As of Mar. 2023)


View and export this data going back to 2024. Start your Free Trial

What is DIH Holding US EBIT?

DIH Holding US's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was $0.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DIH Holding US's annualized ROC % for the quarter that ended in Mar. 2023 was -3.77%. DIH Holding US's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 9.22%.

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

DIH Holding US EBIT Historical Data

The historical data trend for DIH Holding US'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.

DIH Holding US EBIT Chart

DIH Holding US Annual Data
Trend Mar22 Mar23
EBIT
-10.84 0.45

DIH Holding US Semi-Annual Data
Mar22 Mar23
EBIT -10.84 0.45

Competitive Comparison of DIH Holding US's EBIT

For the Medical Devices subindustry, DIH Holding US'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.

DIH Holding US's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DIH Holding US's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where DIH Holding US's EV-to-EBIT falls into.


DIH Holding US 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $ 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.

DIH Holding US  (NAS:DHAI) EBIT Explanation

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

DIH Holding US's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-0.218 * ( 1 - -613.29% )/( (40.249 + 42.324)/ 2 )
=-1.5549722/41.2865
=-3.77 %

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))
=34.021 - 17.18 - ( 3.308 - max(0, 48.842 - 25.434+3.308))
=40.249

Invested Capital(Q: Mar. 2023 )
=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))
=37.434 - 22.933 - ( 5.56 - max(0, 58.608 - 30.785+5.56))
=42.324

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

DIH Holding US's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.449/( ( (5.716 + max(-17.379, 0)) + (4.026 + max(-27.001, 0)) )/ 2 )
=0.449/( ( 5.716 + 4.026 )/ 2 )
=0.449/4.871
=9.22 %

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)
=(6.444 + 4.792 + 1.405) - (17.18 + 8.924 + 3.916)
=-17.379

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.079 + 6.121 + 3.662) - (22.933 + 16.252 + 3.678)
=-27.001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

DIH Holding US's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=/105.576
= %

* 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.

DIH Holding US EBIT Related Terms

Thank you for viewing the detailed overview of DIH Holding US's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

DIH Holding US (DIH Holding US) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » DIH Holding US Inc (NAS:DHAI) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
77 Accord Park Drive, Suite D-1, Norwell, MA, USA, 02061
Website
https://www.dih.com
DIH Holding US Inc is a global solution provider in blending innovative robotic and virtual reality (VR) technologies with clinical integration and insights. It is positioning itself as a transformative total smart solutions provider and consolidator in a largely fragmented and manual-labor-driven industry.

DIH Holding US (DIH Holding US) Headlines

From GuruFocus

DIH Appoints Anthony Pratt as Vice President of Commercial for the Americas

By Marketwired • 04-15-2024