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TDTH (Trident Digital Tech Holdings) EBIT : $-4.74 Mil (TTM As of Jun. 2024)


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What is Trident Digital Tech Holdings EBIT?

Trident Digital Tech Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-1.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-4.74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trident Digital Tech Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -129.30%. Trident Digital Tech Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -172.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trident Digital Tech Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -3.05%.

Trident Digital Tech Holdings EBIT Historical Data

The historical data trend for Trident Digital Tech Holdings'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.

Trident Digital Tech Holdings EBIT Chart

Trident Digital Tech Holdings Annual Data
Trend Dec21 Dec22 Dec23
EBIT
0.06 -1.12 -4.73

Trident Digital Tech Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial -0.17 -0.95 -1.91 -2.82 -1.92

Competitive Comparison of Trident Digital Tech Holdings's EBIT

For the Information Technology Services subindustry, Trident Digital Tech Holdings'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.

Trident Digital Tech Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Trident Digital Tech Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Trident Digital Tech Holdings's EV-to-EBIT falls into.


Trident Digital Tech Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.74 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.

Trident Digital Tech Holdings  (NAS:TDTH) EBIT Explanation

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

Trident Digital Tech Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-3.892 * ( 1 - 0% )/( (3.086 + 2.934)/ 2 )
=-3.892/3.01
=-129.30 %

where

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))
=5.83 - 0.935 - ( 1.809 - max(0, 2.012 - 3.988+1.809))
=3.086

Invested Capital(Q: Jun. 2024 )
=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))
=4.024 - 1.079 - ( 0.011 - max(0, 1.936 - 2.736+0.011))
=2.934

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Trident Digital Tech Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.844/( ( (1.842 + max(0.247, 0)) + (1.288 + max(1.089, 0)) )/ 2 )
=-3.844/( ( 2.089 + 2.377 )/ 2 )
=-3.844/2.233
=-172.15 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 1.753) - (0.935 + 0.572 + 0.00099999999999989)
=0.247

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 2.63) - (1.079 + 0.464 + 0)
=1.089

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Trident Digital Tech Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-4.743/155.558
=-3.05 %

* 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.

Trident Digital Tech Holdings EBIT Related Terms

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Trident Digital Tech Holdings Business Description

Industry
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Traded in Other Exchanges
N/A
Address
8 Temasek Boulevard Road, Suntec Tower 3, No. 24-03, Singapore, SGP, 038988
Website
https://tridentity.me
Trident Digital Tech Holdings is principally engaged in the provision of business consulting service and IT customization solutions in the Republic of Singapore.