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Quantrx Biomedical's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.05 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quantrx Biomedical's annualized ROC % for the quarter that ended in Sep. 2022 was -1.02%. Quantrx Biomedical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quantrx Biomedical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -1.41%.
The historical data trend for Quantrx Biomedical'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.
Quantrx Biomedical Annual Data | |||||||||||||||||||||
Trend | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||||
EBIT | Get a 7-Day Free Trial | 1.12 | -0.51 | -0.42 | -0.04 | -0.04 |
Quantrx Biomedical Quarterly Data | ||||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
EBIT | Get a 7-Day Free Trial | -0.01 | -0.01 | - | -0.03 | -0.01 |
For the Medical Instruments & Supplies subindustry, Quantrx Biomedical'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.
For the Medical Devices & Instruments industry and Healthcare sector, Quantrx Biomedical's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Quantrx Biomedical's EV-to-EBIT falls into.
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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 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.
Quantrx Biomedical (OTCPK:QTXB) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Quantrx Biomedical's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:
ROC % (Q: Sep. 2022 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2022 ) | + | Invested Capital (Q: Sep. 2022 )) | / count ) |
= | -0.028 * ( 1 - 0% ) | / | ( (2.682 | + | 2.83) | / 2 ) |
= | -0.028 | / | 2.756 | |||
= | -1.02 % |
where
Invested Capital | (Q: Jun. 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 | )) |
= | 0.005 | - | 0.102 | - | ( 0.002 | - | max(0, 2.784 | - | 0.005 | + | 0.002 | )) |
= | 2.682 |
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 | )) |
= | 0.005 | - | 0.016 | - | ( 0.004 | - | max(0, 2.846 | - | 0.005 | + | 0.004 | )) |
= | 2.83 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.
2. Joel Greenblatt's definition of Return on Capital:
Quantrx Biomedical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2022 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2022 | Q: Sep. 2022 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | -0.028 | / | ( ( (0 + max(-0.098, 0)) | + | (0 + max(-0.016, 0)) ) | / | 2 ) |
= | -0.028 | / | ( ( 0 | + | 0 ) | / | 2 ) |
= | -0.028 | / | 0 | ||||
= | % |
where Working Capital is:
Working Capital | (Q: Jun. 2022 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0 | + | 0 | + | 0.003) | - | (0.102 | + | 0 | + | -0.00099999999999989) |
= | -0.098 |
Working Capital | (Q: Sep. 2022 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0 | + | 0 | + | 0.001) | - | (0.016 | + | 0 | + | 0.00099999999999989) |
= | -0.016 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Quantrx Biomedical's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2022 ) |
= | -0.045 | / | 3.202 | |
= | -1.41 % |
* 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.
Thank you for viewing the detailed overview of Quantrx Biomedical's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael S Abrams | director | 64 RAMSHEAD ROAD, RAYNHAM MA 02767 |
Patrick T Mooney | director | C/O SONTRA MEDICAL CORPORATION, 10 FORGE PARKWAY, FRANKLIN MA 02038 |
Robert G. Pinco | director | 1700 K STREET NW, SUITE 300, WASHINGTON DC 20006 |
Hayes Arthur H Jr | director | 320 WAKARA WAY, SALT LAKE CITY UT 84108 |
Matthew Balk | 10 percent owner | 229 WEST 60TH STREET, NEW YORK NY 10023 |
Evan Levine | director, 10 percent owner | 1517 SAN JACINTO ST., HOUSTON TX 77002 |
Hayes Arthur Hull Jr | director | C/O QUANTRX BIOMEDICAL CORPORATION, 100 S. MAIN STREET, SUITE 300, DOYLESTOWN PA 18901 |
Cindy Horton | officer: V.P. of Diagnostics | 209 BRITTANY PARK, ANDERSON SC 29621 |
Sasha Afanassiev | officer: Officer | 120 GARRISON COURT, LANGHORNE PA 19047 |
Shalom Hirschman | officer: Officer | 5240 BLACKSTONE AVENUE, RIVERDALE NY 10471 |
William H Fleming | director, officer: Secretary | |
Walter W Witoshkin | director, officer: President and CEO | 321 NORRISTOWN ROAD, SUITE 230, AMBLE PA 19002 |
Mark Capital Llc | 10 percent owner | 5173 SEAGROVE PLACE, SAN DIEGO CA 92130 |
Sherbrooke Partners, Llc | 10 percent owner | 570 LEXINGTON AVENUE, FLOOR 3, NEW YORK NY 10022 |
Goldman Sachs & Co. Llc | 10 percent owner | 200 WEST STREET, NEW YORK NY 10282 |
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