NNRF (NNRI) EBIT : $ Mil (TTM As of Sep. 2023)

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What is NNRF EBIT?

NNRF's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NNRF's annualized ROC % for the quarter that ended in Sep. 2023 was -12.43%. NNRF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

NNRF EBIT Historical Data

The historical data trend for NNRF'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.

NNRF EBIT Chart

NNRF Annual Data

Trend

EBIT

NNRF Quarterly Data
	Sep22	Sep23
EBIT	-0.02	-0.15

Competitive Comparison of NNRF's EBIT

For the Asset Management subindustry, NNRF'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.

NNRF's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NNRF's EV-to-EBIT distribution charts can be found below:

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

NNRF 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

NNRF (OTCPK:NNRI) EBIT Explanation

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

NNRF's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.616 * ( 1 - 0% )	/	( (0	+	4.957)	/ 1 )
=	-0.616	/	4.957
=	-12.43 %

where

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

	Invested Capital		(Q: Sep. 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	))
=	4.854	-	0.497	-	( 0.001	-	max(0, 0.674	-	0.074	+	0.001	))
=	4.957

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

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

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

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.616	/	( ( (0 + max(0, 0))	+	(0 + max(-0.601, 0)) )	/	1 )
=	-0.616	/	( ( 0	+	0 )	/	1 )
=	-0.616	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0.069	+	0.003)	-	(0.497	+	0.178	+	-0.001)
=	-0.601

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=		/	1.387
	=	%

NNRF EBIT Related Terms

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NNRF (NNRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NNRF Inc (OTCPK:NNRI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2475 Hiko Avenue, Reno, NV, USA, 89512

Website

http://www.nucon-rf.com

NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

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