Odyssey Semiconductor Technologies (Odyssey Semiconductor Technologies) EBIT : $-4.09 Mil (TTM As of Dec. 2023)

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What is Odyssey Semiconductor Technologies EBIT?

Odyssey Semiconductor Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Odyssey Semiconductor Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was -200.42%. Odyssey Semiconductor Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -235.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Odyssey Semiconductor Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -58.31%.

Odyssey Semiconductor Technologies EBIT Historical Data

The historical data trend for Odyssey Semiconductor Technologies'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.

Odyssey Semiconductor Technologies EBIT Chart

Odyssey Semiconductor Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-1.46

-2.04

-3.13

-5.63

-4.09

Odyssey Semiconductor Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-1.92	-1.39	-1.28	-0.71	-0.71

Competitive Comparison of Odyssey Semiconductor Technologies's EBIT

For the Semiconductors subindustry, Odyssey Semiconductor Technologies'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.

Odyssey Semiconductor Technologies's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Odyssey Semiconductor Technologies's EV-to-EBIT distribution charts can be found below:

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

Odyssey Semiconductor Technologies 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 $-4.09 Mil.

Odyssey Semiconductor Technologies (OTCPK:ODII) EBIT Explanation

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

Odyssey Semiconductor Technologies'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 )
=	-2.848 * ( 1 - 0% )	/	( (1.645	+	1.197)	/ 2 )
=	-2.848	/	1.421
=	-200.42 %

where

	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	))
=	1.735	-	0.436	-	( 0.237	-	max(0, 0.728	-	0.382	+	0.237	))
=	1.645

	Invested Capital		(Q: Dec. 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	))
=	1.426	-	0.582	-	( 0.047	-	max(0, 0.507	-	0.154	+	0.047	))
=	1.197

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

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

Odyssey Semiconductor Technologies'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 )
=	-2.848	/	( ( (1.25 + max(-0.314, 0))	+	(1.169 + max(-0.132, 0)) )	/	2 )
=	-2.848	/	( ( 1.25	+	1.169 )	/	2 )
=	-2.848	/	1.2095
=	-235.47 %

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)
=	(0.035	+	0	+	0.11)	-	(0.436	+	0.023	+	-1.1102230246252E-16)
=	-0.314

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.025	+	0	+	0.082)	-	(0.582	+	0	+	-0.343)
=	-0.132

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:

Odyssey Semiconductor Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-4.092	/	7.018
	=	-58.31 %

Odyssey Semiconductor Technologies EBIT Related Terms

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Odyssey Semiconductor Technologies (Odyssey Semiconductor Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Odyssey Semiconductor Technologies Inc (OTCPK:ODII) » Definitions » EBIT

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Address

9 Brown Road, Ithaca, NY, USA, 14850

Website

https://www.odysseysemi.com

Odyssey Semiconductor Technologies Inc is a semiconductor device company developing revolutionary high-voltage power switching components and systems based on proprietary Gallium Nitride (GaN) processing technology. The company's GaN processing technology allows for the realization of vertical current conduction GaN devices which extends application voltages from 1,000 V to over 10,000V, allowing GaN power switching devices to extend well beyond the consumer electronics application space and into more demanding applications such as electric vehicles, industrial motor control, and energy grid applications.