NICH (Nitches) EBIT: $-2.45 Mil (TTM As of Aug. 2024)


NICH Nitches Inc NICH
12 GF Score
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What is Nitches EBIT?

Nitches NICH +25.00% 12 EBIT is $-2.45 Mil as of Aug. 2024. GuruFocus rates NICH with a GF Score™ of 12/100.

Nitches's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was $-2.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was $-2.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nitches's annualized ROC % for the quarter that ended in Aug. 2024 was -121.29%. Nitches's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -442,240.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nitches's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -252.00%.

Nitches  (OTCPK:NICH) EBIT Explanation

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

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

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-2.356 * ( 1 - 0% )/( (1.648 + 2.237)/ 2 )
=-2.356/1.9425
=-121.29 %

where

Invested Capital(Q: May. 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))
=0.261 - 0.003 - ( 0.036 - max(0, 1.58 - 0.19+0.036))
=1.648

Invested Capital(Q: Aug. 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))
=0.064 - 0.097 - ( 0.06 - max(0, 2.332 - 0.062+0.06))
=2.237

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

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

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

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.056/( ( (0.003 + max(-1.153, 0)) + (0.002 + max(-1.971, 0)) )/ 2 )
=-11.056/( ( 0.003 + 0.002 )/ 2 )
=-11.056/0.0025
=-442,240.00 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.152 + 0.002) - (0.003 + 0 + 1.304)
=-1.153

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (0.097 + 0 + 1.876)
=-1.971

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=-2.452/0.973
=-252.00 %

* 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.

Nitches EBIT Related Terms

Nitches EBIT Historical Data

* Premium members only.

The historical data trend for Nitches'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.

Nitches EBIT Chart

Nitches Annual Data
Trend Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 -0.26 -0.83 -1.56 -2.57

Nitches Quarterly Data
May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -1.67 0.05 -0.53 0.79 -2.76

NICH vs DLAPQ, RL, LEVI: EBIT Comparison

For the Apparel Manufacturing subindustry, Nitches'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.

Nitches EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's EV-to-EBIT distribution charts can be found below:

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


NICH
12GF Score
Nitches Inc NICH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitches 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.45 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 $-2.45 Mil mean?
Nitches (NICH) has a EBIT of $-2.45 Mil as of Aug. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nitches.
Is Nitches' EBIT too high?
Nitches' current EBIT is $-2.45 Mil. Overall, Nitches has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nitches' EBIT compare to DLAPQ and RL?
Nitches' EBIT of $-2.45 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Nitches. Nitches's current EBIT is $-2.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitches stock overvalued right now?
Nitches (NICH) has a current EBIT of $-2.45 Mil. The current EBIT is $-2.45 Mil. Nitches' overall GF Score™ is 12/100. 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 Nitches (NICH), the current EBIT is $-2.45 Mil as of Aug. 2024. 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.

Nitches Business Description

Address 1333 North Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is a company engaged in the production and distribution of household goods, lifestyle products, travel and leisure items, sports goods, and clothing. The company works with retailers to develop clothing lines and also develops its own lines under multiple registered trademarks. Majority of its clothing products are manufactured overseas and imported in bulk for sorting, packing, and distribution in the United States. Nitches serves a wide retail network, including department stores and specialty retailers, and generates revenue prominently through wholesale distribution of its apparel and related goods. The company white-labels its manufactured products under the brand names of Social Media Partners and distributes them in an online department store.
12GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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