IHAI (Innovative Holdings Alliance) EBIT: $ Mil (TTM As of Aug. 2023)


IHAI Innovative Holdings Alliance Inc IHAI
33 GF Score
Price $0.09
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What is Innovative Holdings Alliance EBIT?

Innovative Holdings Alliance IHAI +12.50% 33 EBIT is $ Mil as of Aug. 2023. GuruFocus rates IHAI with a GF Score™ of 33/100.

Innovative Holdings Alliance's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2023 was $-0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Innovative Holdings Alliance's annualized ROC % for the quarter that ended in Aug. 2023 was -7.66%. Innovative Holdings Alliance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Innovative Holdings Alliance  (OTCPK:IHAI) EBIT Explanation

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

Innovative Holdings Alliance's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2022 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-0.032 * ( 1 - 0% )/( (0 + 0.418)/ 1 )
=-0.032/0.418
=-7.66 %

where

Invested Capital(Q: Aug. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Aug. 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))
=0.092 - 0.076 - ( 0.02 - max(0, 0.436 - 0.034+0.02))
=0.418

Note: The Operating Income data used here is one times the annual (Aug. 2023) data.

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

Innovative Holdings Alliance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.032/( ( (0 + max(0, 0)) + (0 + max(-0.063, 0)) )/ 1 )
=-0.032/( ( 0 + 0 )/ 1 )
=-0.032/0
= %

where Working Capital is:

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.014) - (0.076 + 0 + 0.001)
=-0.063

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Aug. 2023) EBIT data.

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

Innovative Holdings Alliance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=/5.407
= %

* 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.

Innovative Holdings Alliance EBIT Related Terms

Innovative Holdings Alliance EBIT Historical Data

* Premium members only.

The historical data trend for Innovative Holdings Alliance'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.

Innovative Holdings Alliance EBIT Chart

Innovative Holdings Alliance Annual Data
Trend
EBIT

Innovative Holdings Alliance Semi-Annual Data
Aug22 Aug23
EBIT -0.04 -0.03

IHAI vs RENI, SRNW, MAYX: EBIT Comparison

For the Shell Companies subindustry, Innovative Holdings Alliance'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.

Innovative Holdings Alliance EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovative Holdings Alliance's EV-to-EBIT distribution charts can be found below:

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


IHAI
33GF Score
Innovative Holdings Alliance Inc IHAI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Holdings Alliance 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $ 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $ Mil mean?
Innovative Holdings Alliance (IHAI) has a EBIT of $ Mil as of Aug. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Innovative Holdings Alliance.
Is Innovative Holdings Alliance's EBIT too high?
Innovative Holdings Alliance's current EBIT is $ Mil. Overall, Innovative Holdings Alliance has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Holdings Alliance's EBIT compare to RENI and SRNW?
Innovative Holdings Alliance's EBIT of $ Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Innovative Holdings Alliance. Innovative Holdings Alliance's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Holdings Alliance stock overvalued right now?
Innovative Holdings Alliance (IHAI) has a current EBIT of $ Mil. The current EBIT is $ Mil. Innovative Holdings Alliance's overall GF Score™ is 33/100. 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 Innovative Holdings Alliance (IHAI), the current EBIT is $ Mil as of Aug. 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.

Innovative Holdings Alliance Business Description

Address 2300 Lakeview Parkway, Suite 700, Alpharetta, GA, USA, 30009
Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value. It is a U.S. technology development company focused on international battery power management and energy optimization. Premergy's patent-protected electric vehicle battery management design and control systems address two key issues in the electric vehicle marketplace, vehicle range and battery thermal stress.
33GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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