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Nuran Wireless (Nuran Wireless) EBIT : $-5.28 Mil (TTM As of Dec. 2023)


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What is Nuran Wireless EBIT?

Nuran Wireless's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-1.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nuran Wireless's annualized ROC % for the quarter that ended in Dec. 2023 was -27.77%. Nuran Wireless's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,068.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nuran Wireless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -38.75%.


Nuran Wireless EBIT Historical Data

The historical data trend for Nuran Wireless'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.

Nuran Wireless EBIT Chart

Nuran Wireless Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -1.65 -2.18 -0.02 -6.47 -6.85

Nuran Wireless Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -1.28 -1.26 -1.78 -1.96 -1.54

Competitive Comparison of Nuran Wireless's EBIT

For the Communication Equipment subindustry, Nuran Wireless'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.


Nuran Wireless's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's EV-to-EBIT distribution charts can be found below:

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



Nuran Wireless 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.28 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.


Nuran Wireless  (OTCPK:NRRWF) EBIT Explanation

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

Nuran Wireless's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-4.588 * ( 1 - 0% )/( (15.883 + 17.161)/ 2 )
=-4.588/16.522
=-27.77 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.164/( ( (0.586 + max(-1.743, 0)) + (0.568 + max(-3.004, 0)) )/ 2 )
=-6.164/( ( 0.586 + 0.568 )/ 2 )
=-6.164/0.577
=-1,068.28 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.477 + 3.578 + 0.702) - (6.35 + 1.15 + 0)
=-1.743

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.949 + 3.831 + 0.648) - (7.323 + 1.108 + 0.0010000000000012)
=-3.004

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-5.281/13.628
=-38.75 %

* 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.


Nuran Wireless EBIT Related Terms

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Nuran Wireless (Nuran Wireless) Business Description

Traded in Other Exchanges
Address
2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3
Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.