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FLXT (Flexpoint Sensor Systems) EBIT : $-0.42 Mil (TTM As of Sep. 2024)


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What is Flexpoint Sensor Systems EBIT?

Flexpoint Sensor Systems's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flexpoint Sensor Systems's annualized ROC % for the quarter that ended in Sep. 2024 was -4.79%. Flexpoint Sensor Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -148.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flexpoint Sensor Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -16.60%.


Flexpoint Sensor Systems EBIT Historical Data

The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems EBIT Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 -0.35 -0.59 -0.73 -0.67

Flexpoint Sensor Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.12 -0.13 -0.08 -0.08

Competitive Comparison of Flexpoint Sensor Systems's EBIT

For the Scientific & Technical Instruments subindustry, Flexpoint Sensor Systems'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.


Flexpoint Sensor Systems's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Flexpoint Sensor Systems's EV-to-EBIT distribution charts can be found below:

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



Flexpoint Sensor Systems 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.42 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.


Flexpoint Sensor Systems  (OTCPK:FLXT) EBIT Explanation

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

Flexpoint Sensor Systems's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.336 * ( 1 - 0% )/( (6.965 + 7.07)/ 2 )
=-0.336/7.0175
=-4.79 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Flexpoint Sensor Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.332/( ( (0.232 + max(-3.183, 0)) + (0.216 + max(-3.186, 0)) )/ 2 )
=-0.332/( ( 0.232 + 0.216 )/ 2 )
=-0.332/0.224
=-148.21 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.037 + 0 + 0.004) - (3.224 + 0 + 0)
=-3.183

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.021 + 0 + 0.024) - (3.231 + 0 + 0)
=-3.186

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Flexpoint Sensor Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.416/2.506
=-16.60 %

* 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.


Flexpoint Sensor Systems EBIT Related Terms

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Flexpoint Sensor Systems Business Description

Traded in Other Exchanges
N/A
Address
5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures, and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor and USB Bend Sensor Kit.
Executives
Clark M Mower director, officer: President, CEO 106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Thomas N Strong officer: CFO/comptroller & Sec./Treas. 106 WEST BUSINESS PARK DRIVE, DRAPER UT 84020
Atkinson B Fred Jr officer: Secretary/Treasurer 106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Gill Ruland J Jr director 532 HERITAGE DRIVE, BOUNTIFUL UT 84010
John A Sindt director 47 E 7200 SOUTH, #201, MIDVALE UT 84047
Donald E Shelley other: Former Sec./Treas. 160 W 1200 S, DRAPER UT 84020
First Equity Holdings Corp 10 percent owner 2157 S LINCOLN ST, SALT LAKE CITY UT 84106

Flexpoint Sensor Systems Headlines

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