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RMCO (Royalty Management Holding) EBIT : $-0.20 Mil (TTM As of Sep. 2024)


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What is Royalty Management Holding EBIT?

Royalty Management Holding's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Royalty Management Holding's annualized ROC % for the quarter that ended in Sep. 2024 was -4.64%. Royalty Management Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -84.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Royalty Management Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.26%.


Royalty Management Holding EBIT Historical Data

The historical data trend for Royalty Management 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.

Royalty Management Holding EBIT Chart

Royalty Management Holding Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -1.99 -0.40

Royalty Management Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.26 0.21 -0.08 -0.09

Competitive Comparison of Royalty Management Holding's EBIT

For the Asset Management subindustry, Royalty Management 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.


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

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

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



Royalty Management 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 $-0.20 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.


Royalty Management Holding  (NAS:RMCO) EBIT Explanation

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

Royalty Management 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 )
=-0.652 * ( 1 - 0% )/( (13.318 + 14.795)/ 2 )
=-0.652/14.0565
=-4.64 %

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:

Royalty Management 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 )
=-0.34/( ( (0.437 + max(-0.601, 0)) + (0.368 + max(-0.311, 0)) )/ 2 )
=-0.34/( ( 0.437 + 0.368 )/ 2 )
=-0.34/0.4025
=-84.47 %

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)
=(0.381 + 0 + 0.027) - (1.009 + 0 + 0)
=-0.601

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.498 + 0 + 0.023) - (0.814 + 0.018 + 0)
=-0.311

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.203/16.166
=-1.26 %

* 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.


Royalty Management Holding EBIT Related Terms

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Royalty Management Holding Business Description

Traded in Other Exchanges
N/A
Address
12115 Visionary Way, Unit 174, Fishers, IN, USA, 46038
Royalty Management Holding Corp formed to invest or purchase assets that have current or near-term income to provide the company with accretive cash flow from which it can reinvest in new assets or expand cash flow from existing assets. These assets typically are natural resources assets (including real estate and mining permits), patents, intellectual property, and emerging technologies.
Executives
Thomas M. Sauve director 8856 SOUTH STREET, FISHERS IN 46038
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Mark C. Jensen director, officer: Chairman and CEO 8856 SOUTH STREET, FISHERS IN 46038
Kirk Patrick Taylor director, officer: President and CFO 8856 SOUTH STREET, FISHERS IN 46038

Royalty Management Holding Headlines