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EESTech (EESTech) EBIT : $-0.97 Mil (TTM As of Sep. 2023)


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What is EESTech EBIT?

EESTech's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EESTech's annualized ROC % for the quarter that ended in Sep. 2023 was -1,032.95%. EESTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2,930.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EESTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -11.37%.


EESTech EBIT Historical Data

The historical data trend for EESTech'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.

EESTech EBIT Chart

EESTech Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
EBIT
Get a 7-Day Free Trial -1.11 -5.15 -1.74 -1.87 -8.27

EESTech Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 -0.17 -0.42 -0.24 -0.39 -0.34

Competitive Comparison of EESTech's EBIT

For the Pollution & Treatment Controls subindustry, EESTech'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.


EESTech's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EESTech's EV-to-EBIT distribution charts can be found below:

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



EESTech 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.97 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.


EESTech  (OTCPK:EESH) EBIT Explanation

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

EESTech's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-1.348 * ( 1 - 0% )/( (0.133 + 0.128)/ 2 )
=-1.348/0.1305
=-1,032.95 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

EESTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.348/( ( (0.049 + max(-0.493, 0)) + (0.043 + max(-0.624, 0)) )/ 2 )
=-1.348/( ( 0.049 + 0.043 )/ 2 )
=-1.348/0.046
=-2,930.43 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.043) - (0.452 + 0.084 + 0)
=-0.493

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.032) - (0.572 + 0.084 + 1.1102230246252E-16)
=-0.624

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-0.971/8.541
=-11.37 %

* 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.


EESTech EBIT Related Terms

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EESTech (EESTech) Business Description

Traded in Other Exchanges
N/A
Address
16192 Coastal Highway, Lewes, DE, USA, 19958
EESTech Inc is engaged in providing mine site waste management solutions and services through the application of industrially advanced and proprietary processing capabilities. The firm's objective is to provide tangible methods of mine-site remediation and reclamation through the cost-effective delivery of critical waste management solutions.
Executives
Graeme John Lynch officer: Chief Operating Officer EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Patrick James Caragata director EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Donald Graham Bartlem director EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Eestech, Inc. officer: COMPANY SECRETARY and CFO 241 ADELAIDE STREET, SUITE 417, BRISBANE C3 4000
Ian Hutcheson officer: SECRETARY & CFO 1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Murray J. Bailey director, officer: CHAIRMAN OF THE BD, PRESIDENT 1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Gaylord Beeson director 1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Thomas L Svalberg director, officer: Chief Operations Officer 5608 SOUTH ENSENADA COURT, AURORA CO 80015
John Ritter director, officer: President 23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
James W Zigler director
James C Wilson director
Steven Symms director
Greg Paxton 10 percent owner 23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
John Henderson director, officer: CEO and CFO 23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
Simon Mosley 10 percent owner