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Etao International Co (Etao International Co) EBIT : $-895.55 Mil (TTM As of Jun. 2023)


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What is Etao International Co EBIT?

Etao International Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-895.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Etao International Co's annualized ROC % for the quarter that ended in Jun. 2023 was 0.00%. Etao International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Etao International Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -33,896.71%.

Etao International Co EBIT Historical Data

The historical data trend for Etao International Co'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.

Etao International Co EBIT Chart

Etao International Co Annual Data
Trend Dec21 Dec22
EBIT
-8.92 -895.83

Etao International Co Quarterly Data
Sep21 Dec21 Jun22 Sep22 Dec22 Jun23
EBIT Get a 7-Day Free Trial - - -0.21 -895.34 -

Competitive Comparison of Etao International Co's EBIT

For the Health Information Services subindustry, Etao International Co'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.

Etao International Co's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

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

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


Etao International Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-895.55 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.

Etao International Co  (OTCPK:ETAOF) EBIT Explanation

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

Etao International Co's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=0 * ( 1 - 0% )/( (40.369 + 3.008)/ 2 )
=0/21.6885
=0.00 %

where

Invested Capital(Q: Dec. 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))
=52.99 - 20.626 - ( 11.834 - max(0, 34.446 - 26.441+11.834))
=40.369

Invested Capital(Q: Jun. 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))
=4.429 - 0.649 - ( 0.772 - max(0, 1.189 - 3.486+0.772))
=3.008

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

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

Etao International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (23.04 + max(-11.652, 0)) + (0.634 + max(1.724, 0)) )/ 2 )
=0/( ( 23.04 + 2.358 )/ 2 )
=0/12.699
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.096 + 1.989 + 2.644) - (20.626 + 0.748 + 3.007)
=-11.652

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.212 + 0.116 + 1.331) - (0.649 + 0.285 + 0.0010000000000001)
=1.724

When net working capital is negative, 0 is used.

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

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

Etao International Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-895.551/2.642
=-33,896.71 %

* 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.

Etao International Co EBIT Related Terms

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Etao International Co (Etao International Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Etao International Co Ltd (OTCPK:ETAOF) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
1460 Broadway, 14th Floor, New York, NY, USA, 10036
Website
https://www.etao.world
Etao International Co Ltd is a digital healthcare group providing medical care and biomedical technologies to patients in China. It provides a comprehensive healthcare service consisting of both online and offline capabilities. These services include online health insurance and pharmacy, digital diabetes management, and biotech. Offline healthcare services include hospital and specialty clinics, such as infertility, orthopedic surgery, plastic surgery, and primary care.