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HNOI (HNO International) EBIT : $-2.04 Mil (TTM As of Jul. 2024)


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What is HNO International EBIT?

HNO International's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was $-0.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was $-2.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HNO International's annualized ROC % for the quarter that ended in Jul. 2024 was -90.68%. HNO International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -176.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HNO International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -0.55%.


HNO International EBIT Historical Data

The historical data trend for HNO International'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.

HNO International EBIT Chart

HNO International Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct22 Oct23
EBIT
Get a 7-Day Free Trial - -1.07 -34.22 -1.06 -1.42

HNO International Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.45 -0.47 -0.52 -0.56 -0.49

Competitive Comparison of HNO International's EBIT

For the Specialty Industrial Machinery subindustry, HNO International'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.


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

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

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



HNO International 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.04 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.


HNO International  (OTCPK:HNOI) EBIT Explanation

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

HNO International's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-1.96 * ( 1 - 0% )/( (2.146 + 2.177)/ 2 )
=-1.96/2.1615
=-90.68 %

where

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

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

HNO International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.96/( ( (1.093 + max(-0.784, 0)) + (1.129 + max(-0.888, 0)) )/ 2 )
=-1.96/( ( 1.093 + 1.129 )/ 2 )
=-1.96/1.111
=-176.42 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.785 + 0 + 0)
=-0.784

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.887 + 0 + 0.0010000000000001)
=-0.888

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-2.036/368.480
=-0.55 %

* 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.


HNO International EBIT Related Terms

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HNO International Business Description

Traded in Other Exchanges
N/A
Address
4115 Eastman Drive, Suite B, Murrieta, CA, USA, 92562
HNO International Inc is engaged in providing custom engineering and innovative green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term.
Executives
Hossein Haririnia director, officer: Treasurer 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Paul H Mueller officer: President, CEO and Secretary 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Donald W Owens director, 10 percent owner 42309 WINCHESTER ROAD, SUITE E, TEMECULA CA 92590
William E Parker director 3220 ALABAMA AVENUE SE, WASHINGTON DC 20020
Thomas Gelfand director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR 5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2