MICR (Micron Solutions) EBIT: $-1.21 Mil (TTM As of Mar. 2023)

What is Micron Solutions EBIT?

Micron Solutions MICR 16 EBIT is $-1.21 Mil as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

Micron Solutions's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-0.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-1.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Micron Solutions's annualized ROC % for the quarter that ended in Mar. 2023 was -29.90%. Micron Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -30.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Micron Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -22.52%.

Micron Solutions (OTCPK:MICR) EBIT Explanation

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

Micron Solutions's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	-2.964 * ( 1 - 0% )	/	( (10.261	+	9.562)	/ 2 )
=	-2.964	/	9.9115
=	-29.90 %

where

	Invested Capital		(Q: Dec. 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	))
=	11.946	-	1.679	-	( 0.006	-	max(0, 4.222	-	7.154	+	0.006	))
=	10.261

	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	))
=	11.504	-	1.935	-	( 0.007	-	max(0, 4.629	-	6.973	+	0.007	))
=	9.562

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

Micron Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.964	/	( ( (4.757 + max(5.398, 0))	+	(4.497 + max(4.84, 0)) )	/	2 )
=	-2.964	/	( ( 10.155	+	9.337 )	/	2 )
=	-2.964	/	9.746
=	-30.41 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.438	+	3.2	+	0.51)	-	(1.679	+	0.072	+	-0.00099999999999945)
=	5.398

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.176	+	3.385	+	0.405)	-	(1.935	+	0.191	+	-8.8817841970013E-16)
=	4.84

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

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

Micron Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	-1.211	/	5.377
	=	-22.52 %

* 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.

Micron Solutions EBIT Related Terms

Micron Solutions EBIT Historical Data

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The historical data trend for Micron Solutions's EBIT can be seen below:

Micron Solutions EBIT Chart

Micron Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-0.71

-1.71

1.47

1.86

-1.16

Micron Solutions Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial															-0.69	-0.18	-0.11	-0.19	-0.74

MICR vs AIMD, RSLS, NUWE: EBIT Comparison

For the Medical Devices subindustry, Micron Solutions'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.

Micron Solutions EV-to-EBIT vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's EV-to-EBIT distribution charts can be found below:

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

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16GF Score

Micron Solutions Inc MICR

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Micron Solutions 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.21 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-1.21 Mil mean?

Micron Solutions (MICR) has a EBIT of $-1.21 Mil as of Mar. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Micron Solutions.

Is Micron Solutions' EBIT too high?

Micron Solutions' current EBIT is $-1.21 Mil. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does Micron Solutions' EBIT compare to AIMD and RSLS?

Micron Solutions' EBIT of $-1.21 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?

A good EBIT depends on the Medical Devices & Instruments 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 Micron Solutions. Micron Solutions's current EBIT is $-1.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Micron Solutions stock overvalued right now?

Micron Solutions (MICR) has a current EBIT of $-1.21 Mil. The current EBIT is $-1.21 Mil. Micron Solutions' overall GF Score™ is 16/100. 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 Micron Solutions (MICR), the current EBIT is $-1.21 Mil as of Mar. 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.

Micron Solutions Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies AIMD RSLS NUWE OPGN NURO THMO AEMD BSGM NMRD VYCO ABT SYK MDT BSX EW SZSE:300760 DXCM ZBH ALGN STE

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420

Website https://micronsolutionsinc.com

Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.

16GF Score

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