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Northann (Northann) EBIT : $-4.84 Mil (TTM As of Mar. 2024)


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What is Northann EBIT?

Northann's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $0.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northann's annualized ROC % for the quarter that ended in Mar. 2024 was 9.62%. Northann's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northann's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -37.64%.


Northann EBIT Historical Data

The historical data trend for Northann'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.

Northann EBIT Chart

Northann Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
0.41 0.89 1.74 -4.76

Northann Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.16 -2.90 -2.42 0.33

Competitive Comparison of Northann's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Northann'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.


Northann's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Northann's EV-to-EBIT distribution charts can be found below:

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



Northann 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.84 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.


Northann  (AMEX:NCL) EBIT Explanation

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

Northann's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1.312 * ( 1 - 0% )/( (14.219 + 13.067)/ 2 )
=1.312/13.643
=9.62 %

where

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

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

Northann's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.312/( ( (5.774 + max(-1.43, 0)) + (5.862 + max(-2.076, 0)) )/ 2 )
=1.312/( ( 5.774 + 5.862 )/ 2 )
=1.312/5.818
=22.55 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.615 + 2.645 + 0.444) - (5.45 + 1.084 + 0.6)
=-1.43

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.536 + 2.844 + 0.368) - (6.178 + 1.574 + 0.071999999999999)
=-2.076

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.837/12.852
=-37.64 %

* 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.


Northann EBIT Related Terms

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Northann (Northann) Business Description

Traded in Other Exchanges
N/A
Address
c/o Northann Distribution Center Inc, 9820 Dino Drive, Suite 110, Elk Grove, CA, USA, 95624
Northann Corp is an American technology innovator and producer of natural and sustainable material-based products for interior finishes. It is a leading provider of 3D printing technology in the home improvement industry. the company use its cutting-edge technology to produce high-quality floorings, wall panels, and decorative panels.
Executives
Scott Brady Powell director 700 1ST STREET, #17J, HOBOKEN NJ 07030
Schaefer Charles James Iv director C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Kurt W. Winn director, officer: Chief Operating Officer C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Bradley Charles Lalonde director C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624

Northann (Northann) Headlines

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