HSTOQ (Histogen) EBIT: $-12.38 Mil (TTM As of Sep. 2023)

What is Histogen EBIT?

Histogen HSTOQ +316.67% 12 EBIT is $-12.38 Mil as of Sep. 2023. GuruFocus rates HSTOQ with a GF Score™ of 12/100.

Histogen's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-3.85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-12.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Histogen's annualized ROC % for the quarter that ended in Sep. 2023 was -407.99%. Histogen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -596.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Histogen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -25,800.00%.

Histogen (OTCPK:HSTOQ) EBIT Explanation

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

Histogen'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 )
=	-14.1 * ( 1 - 0% )	/	( (5.744	+	1.168)	/ 2 )
=	-14.1	/	3.456
=	-407.99 %

where

	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	))
=	13.542	-	0.539	-	( 7.259	-	max(0, 0.969	-	8.274	+	7.259	))
=	5.744

	Invested Capital		(Q: Sep. 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	))
=	5.817	-	0.542	-	( 4.573	-	max(0, 1.348	-	5.455	+	4.573	))
=	1.168

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

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

Histogen'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 )
=	-15.416	/	( ( (4.852 + max(0.321, 0))	+	(0 + max(-0.466, 0)) )	/	2 )
=	-15.416	/	( ( 5.173	+	0 )	/	2 )
=	-15.416	/	2.5865
=	-596.02 %

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	+	1.015)	-	(0.539	+	0.019	+	0.136)
=	0.321

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.882)	-	(0.542	+	0.019	+	0.787)
=	-0.466

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-12.384	/	0.048
	=	-25,800.00 %

* 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.

Histogen EBIT Related Terms

Histogen EBIT Historical Data

* Premium members only.

The historical data trend for Histogen's EBIT can be seen below:

Histogen EBIT Chart

Histogen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-1.07

-18.75

-15.00

-10.64

Histogen Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial													-3.60	-2.97	-3.47	-2.09	-3.85

HSTOQ vs GLMD, BLCM, NBY: EBIT Comparison

For the Biotechnology subindustry, Histogen'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.

Histogen EV-to-EBIT vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Histogen's EV-to-EBIT distribution charts can be found below:

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

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Histogen Inc HSTOQ

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Histogen 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 $-12.38 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-12.38 Mil mean?

Histogen (HSTOQ) has a EBIT of $-12.38 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Histogen.

Is Histogen's EBIT too high?

Histogen's current EBIT is $-12.38 Mil. Overall, Histogen has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Histogen's EBIT compare to GLMD and BLCM?

Histogen's EBIT of $-12.38 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Biotechnology company?

A good EBIT depends on the Biotechnology industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Histogen. Histogen's current EBIT is $-12.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Histogen stock overvalued right now?

Histogen (HSTOQ) has a current EBIT of $-12.38 Mil. The current EBIT is $-12.38 Mil. Histogen's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Histogen (HSTOQ), the current EBIT is $-12.38 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Histogen Business Description

Industry Healthcare Biotechnology

Comparable Companies GLMD BLCM NBY CYTO RUBY AGTX CFRX ADTX NTRR ISCO OCSE:NOVO B VRTX REGN ASX:CSL SGEN XKRX:207940 MRNA HKSE:02269 XBRU:ARGX BNTX

Address 10655 Sorrento Valley Road, Suite 200, San Diego, CA, USA, 92121

Website https://www.histogen.com

Histogen Inc is a clinical-stage therapeutics company focused on developing proprietary hypoxia-generated growth factor technology platforms and stem cell-free biologic products as potential first-in-class restorative therapeutics that ignite the body's natural process to repair and maintain healthy biological function. Under its biologics technology platform, the product candidates in development are HST-003, a treatment for joint cartilage repair, and HST-004, a treatment for spinal disc repair. It also has a pipeline of clinical and preclinical small molecule pan-caspase and caspase selective inhibitors focused on treatments for infectious and inflammatory diseases that the company intends to develop.

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