MMNT (Momentous Holdings) EBIT: $-0.05 Mil (TTM As of Nov. 2023)


What is Momentous Holdings EBIT?

Momentous Holdings MMNT EBIT is $-0.05 Mil as of Nov. 2023.

Momentous Holdings's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2023 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Momentous Holdings's annualized ROC % for the quarter that ended in Nov. 2023 was -681.38%. Momentous Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Momentous Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -45.37%.

Momentous Holdings  (OTCPK:MMNT) EBIT Explanation

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

Momentous Holdings's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=-0.988 * ( 1 - 0% )/( (0.145 + 0)/ 1 )
=-0.988/0.145
=-681.38 %

where

Invested Capital(Q: May. 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))
=0 - 0.422 - ( 0 - max(0, 0.567 - 0+0))
=0.145

Invested Capital(Q: Nov. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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

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

Momentous Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.098/( ( (0 + max(-0.516, 0)) + (0 + max(0, 0)) )/ 1 )
=-0.098/( ( 0 + 0 )/ 1 )
=-0.098/0
= %

where Working Capital is:

Working Capital(Q: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.422 + 0 + 0.094)
=-0.516

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

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=-0.049/0.108
=-45.37 %

* 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.

Momentous Holdings EBIT Related Terms

Momentous Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Momentous 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.

Momentous Holdings EBIT Chart

Momentous Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May22 May23
EBIT
Get a 7-Day Free Trial -0.01 0.00 -0.24 -0.09 -0.01

Momentous Holdings Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 May22 May23 Nov23
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 -0.08 -0.16 0.00 0.00 -0.05

MMNT vs VHLD, STRG, AACT: EBIT Comparison

For the Shell Companies subindustry, Momentous 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.

Momentous Holdings EV-to-EBIT vs Diversified Financial Services Industry

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

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


Momentous 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.05 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.05 Mil mean?
Momentous Holdings (MMNT) has a EBIT of $-0.05 Mil as of Nov. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Momentous Holdings.
Is Momentous Holdings' EBIT too high?
Momentous Holdings' current EBIT is $-0.05 Mil.
How does Momentous Holdings' EBIT compare to VHLD and STRG?
Momentous Holdings' EBIT of $-0.05 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Momentous Holdings. Momentous Holdings's current EBIT is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentous Holdings stock overvalued right now?
Momentous Holdings (MMNT) has a current EBIT of $-0.05 Mil. The current EBIT is $-0.05 Mil. 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 Momentous Holdings (MMNT), the current EBIT is $-0.05 Mil as of Nov. 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.

Momentous Holdings Business Description

Address 300 Mamaroneck Avenue, Apt. 201, White Plains, NY, USA, 10605
Momentous Holdings Corp is a shell company.