IROH (Iron Horse Acquisitions) EBIT : $-1.71 Mil (TTM As of Dec. 2024)

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What is Iron Horse Acquisitions EBIT?

Iron Horse Acquisitions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $-0.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $-1.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iron Horse Acquisitions's annualized ROC % for the quarter that ended in Dec. 2024 was 1.38%. Iron Horse Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Iron Horse Acquisitions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1.82%.

Iron Horse Acquisitions EBIT Historical Data

The historical data trend for Iron Horse Acquisitions'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.

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Iron Horse Acquisitions EBIT Chart

Iron Horse Acquisitions Annual Data

Trend

Dec17

Dec21

Dec22

Dec23

Dec24

EBIT

-0.18

-0.31

-1.71

Iron Horse Acquisitions Quarterly Data
	Dec17	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial						-0.01	-0.48	-0.24	-0.29	-0.70

Competitive Comparison of Iron Horse Acquisitions's EBIT

For the Shell Companies subindustry, Iron Horse Acquisitions'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.

Iron Horse Acquisitions's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Iron Horse Acquisitions's EV-to-EBIT distribution charts can be found below:

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

Iron Horse Acquisitions 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.71 Mil.

Iron Horse Acquisitions (NAS:IROH) EBIT Explanation

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

Iron Horse Acquisitions's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	-2.804 * ( 1 - 136% )	/	( (72.255	+	74.035)	/ 2 )
=	1.00944	/	73.145
=	1.38 %

where

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	71.769	-	0.962	-	( 0.003	-	max(0, 1.519	-	0.071	+	0.003	))
=	72.255

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	72.796	-	1.309	-	( 0	-	max(0, 2.592	-	0.044	+	0	))
=	74.035

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

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

Iron Horse Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.804	/	( ( (0 + max(-0.893, 0))	+	(0 + max(-1.265, 0)) )	/	2 )
=	-2.804	/	( ( 0	+	0 )	/	2 )
=	-2.804	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.068)	-	(0.962	+	0	+	-0.0010000000000001)
=	-0.893

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.044)	-	(1.309	+	0	+	4.4408920985006E-16)
=	-1.265

When net working capital is negative, 0 is used.

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

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

Iron Horse Acquisitions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-1.71	/	94.031
	=	-1.82 %

Iron Horse Acquisitions EBIT Related Terms

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