CyanConnode Holdings (LSE:CYAN) EBIT : £-3.11 Mil (TTM As of Sep. 2023)

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What is CyanConnode Holdings EBIT?

CyanConnode Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £-2.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £-3.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CyanConnode Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -26.52%. CyanConnode Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -85.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CyanConnode Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -11.69%.

CyanConnode Holdings EBIT Historical Data

The historical data trend for CyanConnode Holdings'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.

CyanConnode Holdings EBIT Chart

CyanConnode Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar20

Mar21

Mar22

Mar23

EBIT

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-6.31

-2.67

-1.01

-3.31

CyanConnode Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															-1.20	0.19	-2.37	-0.95	-2.17

Competitive Comparison of CyanConnode Holdings's EBIT

For the Communication Equipment subindustry, CyanConnode Holdings'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.

CyanConnode Holdings's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CyanConnode Holdings's EV-to-EBIT distribution charts can be found below:

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

CyanConnode Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was £-3.11 Mil.

CyanConnode Holdings (LSE:CYAN) EBIT Explanation

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

CyanConnode Holdings'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: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-4.354 * ( 1 - 16.38% )	/	( (13.326	+	14.129)	/ 2 )
=	-3.6408148	/	13.7275
=	-26.52 %

where

	Invested Capital		(Q: Mar. 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	))
=	20.446	-	3.05	-	( 4.07	-	max(0, 5.088	-	12.793	+	4.07	))
=	13.326

	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	))
=	19.808	-	4.734	-	( 0.945	-	max(0, 6.187	-	11.372	+	0.945	))
=	14.129

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

CyanConnode Holdings'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: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.338	/	( ( (0.152 + max(4.814, 0))	+	(0.183 + max(5.045, 0)) )	/	2 )
=	-4.338	/	( ( 4.966	+	5.228 )	/	2 )
=	-4.338	/	5.097
=	-85.11 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.95	+	0.793	+	0.904)	-	(3.05	+	0	+	0.783)
=	4.814

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7.781	+	1.54	+	0.458)	-	(4.734	+	0	+	0)
=	5.045

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-3.114	/	26.643
	=	-11.69 %

CyanConnode Holdings EBIT Related Terms

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CyanConnode Holdings (LSE:CYAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CyanConnode Holdings PLC (LSE:CYAN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Milton Road, Merlin Place, Cambridge, GBR, CB4 0DP

Website

https://www.cyanconnode.com

CyanConnode Holdings PLC designs and develops wireless monitoring and control products for smart metering, lighting, and the Internet of Things applications. The company provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency, and save energy. The company offers a range of solutions including Narrowband RF mesh, Ultimesh, Panmesh, and Omnimesh. The company has operations in Europe, Asia, and Rest of World.