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Nordic Semiconductor ASA (LTS:0FF9) EBIT : kr-599 Mil (TTM As of Jun. 2024)


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What is Nordic Semiconductor ASA EBIT?

Nordic Semiconductor ASA's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was kr-178 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr-599 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordic Semiconductor ASA's annualized ROC % for the quarter that ended in Jun. 2024 was -10.20%. Nordic Semiconductor ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -24.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nordic Semiconductor ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.29%.


Nordic Semiconductor ASA EBIT Historical Data

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA EBIT Chart

Nordic Semiconductor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.53 380.44 791.07 1,657.64 151.93

Nordic Semiconductor ASA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 189.82 22.52 -87.85 -355.37 -178.28

Competitive Comparison of Nordic Semiconductor ASA's EBIT

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nordic Semiconductor ASA's EV-to-EBIT falls into.



Nordic Semiconductor ASA 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-599 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.


Nordic Semiconductor ASA  (LTS:0FF9) EBIT Explanation

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

Nordic Semiconductor ASA's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-713.1 * ( 1 - 16.28% )/( (6030.082 + 5679.123)/ 2 )
=-597.00732/5854.6025
=-10.20 %

where

Invested Capital(Q: Mar. 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))
=8703.174 - 179.111 - ( 2493.981 - max(0, 1118.165 - 5952.9+2493.981))
=6030.082

Invested Capital(Q: Jun. 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))
=8678.334 - 260.799 - ( 2738.412 - max(0, 1203.924 - 5924.625+2738.412))
=5679.123

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

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

Nordic Semiconductor ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-713.1/( ( (879.435 + max(2177.87, 0)) + (845.771 + max(1842.421, 0)) )/ 2 )
=-713.1/( ( 3057.305 + 2688.192 )/ 2 )
=-713.1/2872.7485
=-24.82 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1091.614 + 2096.495 + -0.010000000000218) - (179.111 + 0 + 831.118)
=2177.87

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1128.428 + 1809.299 + 0.012000000000626) - (260.799 + 0 + 834.519)
=1842.421

When net working capital is negative, 0 is used.

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

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

Nordic Semiconductor ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-598.965/26161.779
=-2.29 %

* 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.


Nordic Semiconductor ASA EBIT Related Terms

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Nordic Semiconductor ASA Business Description

Address
Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

Nordic Semiconductor ASA Headlines

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