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IBC Advanced Alloys (IBC Advanced Alloys) EBIT : $0.82 Mil (TTM As of Mar. 2024)


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What is IBC Advanced Alloys EBIT?

IBC Advanced Alloys's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $2.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IBC Advanced Alloys's annualized ROC % for the quarter that ended in Mar. 2024 was 27.05%. IBC Advanced Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 47.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IBC Advanced Alloys's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.59%.


IBC Advanced Alloys EBIT Historical Data

The historical data trend for IBC Advanced Alloys'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.

IBC Advanced Alloys EBIT Chart

IBC Advanced Alloys Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.12 0.01 -0.24 0.46 -3.50

IBC Advanced Alloys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.12 -2.45 -0.29 1.50 2.07

Competitive Comparison of IBC Advanced Alloys's EBIT

For the Metal Fabrication subindustry, IBC Advanced Alloys'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.


IBC Advanced Alloys's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



IBC Advanced Alloys 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.82 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.


IBC Advanced Alloys  (OTCPK:IAALF) EBIT Explanation

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

IBC Advanced Alloys's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=8.42 * ( 1 - 0.22% )/( (31.745 + 30.367)/ 2 )
=8.401476/31.056
=27.05 %

where

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

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

IBC Advanced Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.296/( ( (11.169 + max(5.122, 0)) + (10.844 + max(7.863, 0)) )/ 2 )
=8.296/( ( 16.291 + 18.707 )/ 2 )
=8.296/17.499
=47.41 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.977 + 10.096 + 0.462) - (3.327 + 3.495 + 1.591)
=5.122

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.628 + 9.638 + 0.447) - (3.182 + 2.058 + 1.61)
=7.863

When net working capital is negative, 0 is used.

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

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

IBC Advanced Alloys's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0.823/22.943
=3.59 %

* 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.


IBC Advanced Alloys EBIT Related Terms

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IBC Advanced Alloys (IBC Advanced Alloys) Business Description

Traded in Other Exchanges
Address
401 Arvin Road, Franklin, IN, USA, 46131-1549
IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through three reportable segments namely Copper Alloys, Engineered Materials, and Corporate. The company generates the majority of its revenue from Copper Alloys.