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Transense Technologies (LSE:TRT) EBIT : £1.35 Mil (TTM As of Dec. 2023)


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What is Transense Technologies EBIT?

Transense Technologies's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £0.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £1.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Transense Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 38.47%. Transense Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 112.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Transense Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.78%.


Transense Technologies EBIT Historical Data

The historical data trend for Transense Technologies'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.

Transense Technologies EBIT Chart

Transense Technologies 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 -1.12 -1.25 -0.15 0.26 0.97

Transense Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.09 0.18 0.23 0.74 0.62

Competitive Comparison of Transense Technologies's EBIT

For the Auto Parts subindustry, Transense Technologies'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.


Transense Technologies's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Transense Technologies's EV-to-EBIT distribution charts can be found below:

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



Transense Technologies 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.35 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.


Transense Technologies  (LSE:TRT) EBIT Explanation

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

Transense Technologies's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1.232 * ( 1 - -6.01% )/( (3.249 + 3.541)/ 2 )
=1.3060432/3.395
=38.47 %

where

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

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

Transense Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.232/( ( (0.154 + max(0.544, 0)) + (0.183 + max(1.303, 0)) )/ 2 )
=1.232/( ( 0.698 + 1.486 )/ 2 )
=1.232/1.092
=112.82 %

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)
=(0.242 + 0.26 + 0.376) - (0.334 + 0 + 0)
=0.544

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.305 + 0.262 + 0) - (0.264 + 0 + 0)
=1.303

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1.354/17.412
=7.78 %

* 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.


Transense Technologies EBIT Related Terms

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Transense Technologies (LSE:TRT) Business Description

Traded in Other Exchanges
Address
1 Landscape Close, Weston-on-the Green, Bicester, Oxfordshire, GBR, OX25 3SX
Transense Technologies PLC is engaged in the provision of tyre management solutions. It develops, manufactures, and sells specialist Tyre probes and Transense tyre pressure monitoring technology (TPMS) monitoring solutions and associated technologies. The company development of non-contact batteryless sensors and their electronic interrogation systems for measuring pressure, temperature, and torque in automotive and non-automotive applications. Its operating segment includes SAW, Translogik, and iTrack royalties. The company generates maximum revenue from iTrack royalties segment. Geographically, it derives the majority of its revenue from Europe and has a presence in Chile; Australia; UK and North America; Japan, and the Rest of the World.

Transense Technologies (LSE:TRT) Headlines