TIPS (Tianrong Internet Products And Services) EBIT: $ Mil (TTM As of Sep. 2023)


What is Tianrong Internet Products And Services EBIT?

Tianrong Internet Products And Services TIPS -20.00% EBIT is $ Mil as of Sep. 2023.

Tianrong Internet Products And Services's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianrong Internet Products And Services's annualized ROC % for the quarter that ended in Sep. 2023 was %. Tianrong Internet Products And Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Tianrong Internet Products And Services  (OTCPK:TIPS) EBIT Explanation

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

Tianrong Internet Products And Services's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=0 * ( 1 - % )/( (0 + 0)/ 1 )
=0/0
= %

where

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 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=0 - 0.17 - ( 0 - max(0, 0.17 - 0+0))
=0

Note: The Operating Income data used here is one times the annual (Sep. 2023) data.

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

Tianrong Internet Products And Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(0, 0)) + (0 + max(-0.17, 0)) )/ 1 )
=0/( ( 0 + 0 )/ 1 )
=0/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.17 + 0 + 0)
=-0.17

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2023) EBIT data.

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

Tianrong Internet Products And Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=/0.722
= %

* 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.

Tianrong Internet Products And Services EBIT Related Terms

Tianrong Internet Products And Services EBIT Historical Data

* Premium members only.

The historical data trend for Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services EBIT Chart

Tianrong Internet Products And Services Annual Data
Trend
EBIT

Tianrong Internet Products And Services Semi-Annual Data
Sep22 Sep23
EBIT 0.00 0.00

TIPS vs TPIC, BW, HNOI: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianrong Internet Products And Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tianrong Internet Products And Services's EV-to-EBIT falls into.


Tianrong Internet Products And Services 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $ 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $ Mil mean?
Tianrong Internet Products And Services (TIPS) has a EBIT of $ Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tianrong Internet Products And Services.
Is Tianrong Internet Products And Services' EBIT too high?
Tianrong Internet Products And Services' current EBIT is $ Mil.
How does Tianrong Internet Products And Services' EBIT compare to TPIC and BW?
Tianrong Internet Products And Services' EBIT of $ Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tianrong Internet Products And Services. Tianrong Internet Products And Services's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianrong Internet Products And Services stock overvalued right now?
Tianrong Internet Products And Services (TIPS) has a current EBIT of $ Mil. The current EBIT is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tianrong Internet Products And Services (TIPS), the current EBIT is $ Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tianrong Internet Products And Services Business Description

Address 2374 Route 390, Mountainhome, PA, USA, 18342
Tianrong Internet Products And Services Inc is a United States-based holding company whose planning is the acquisition and management of assets in the heavy equipment industry.