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NMHI (Nature's Miracle Holding) EBIT : $-10.30 Mil (TTM As of Sep. 2024)


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What is Nature's Miracle Holding EBIT?

Nature's Miracle Holding's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-2.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-10.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nature's Miracle Holding's annualized ROC % for the quarter that ended in Sep. 2024 was -72.57%. Nature's Miracle Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -164.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nature's Miracle Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -86.61%.


Nature's Miracle Holding EBIT Historical Data

The historical data trend for Nature's Miracle Holding'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.

Nature's Miracle Holding EBIT Chart

Nature's Miracle Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
0.65 1.58 -1.79 -6.27

Nature's Miracle Holding Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.43 -5.00 -2.00 -1.29 -2.01

Competitive Comparison of Nature's Miracle Holding's EBIT

For the Specialty Industrial Machinery subindustry, Nature's Miracle Holding'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.


Nature's Miracle Holding's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nature's Miracle Holding's EV-to-EBIT distribution charts can be found below:

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



Nature's Miracle Holding 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.30 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.


Nature's Miracle Holding  (OTCPK:NMHI) EBIT Explanation

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

Nature's Miracle Holding's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-7.98 * ( 1 - 0% )/( (10.577 + 11.415)/ 2 )
=-7.98/10.996
=-72.57 %

where

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

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

Nature's Miracle Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.048/( ( (4.905 + max(-9.213, 0)) + (4.87 + max(-8.489, 0)) )/ 2 )
=-8.048/( ( 4.905 + 4.87 )/ 2 )
=-8.048/4.8875
=-164.66 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.054 + 4.169 + 0.347) - (15.719 + 0.064 + 0)
=-9.213

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.377 + 3.334 + 0.393) - (14.217 + 0.377 + -0.00099999999999767)
=-8.489

When net working capital is negative, 0 is used.

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

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

Nature's Miracle Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-10.302/11.895
=-86.61 %

* 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.


Nature's Miracle Holding EBIT Related Terms

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Nature's Miracle Holding Business Description

Traded in Other Exchanges
N/A
Address
858 North Central Avenue, Upland, CA, USA, 91786
Nature's Miracle Holding Inc is a growing agriculture technology company providing Controlled Environment Agriculture (CEA) hardware products to growers in the CEA industry setting in North America. It provides hardware to design, build, and operate various indoor growing settings, including greenhouse and indoor growing spaces. Its products include Horticultural Lighting, Irrigation System, Power Distribution Systems, Climate Control Systems, Disinfection Systems, and Materials And Equipment.