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ABC Technologies Holdings (TSX:ABCT) EBIT : C$-12 Mil (TTM As of Jun. 2023)


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What is ABC Technologies Holdings EBIT?

ABC Technologies Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was C$20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was C$-12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ABC Technologies Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was -24.17%. ABC Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 7.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ABC Technologies Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -0.67%.


ABC Technologies Holdings EBIT Historical Data

The historical data trend for ABC Technologies 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.

ABC Technologies Holdings EBIT Chart

ABC Technologies Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial 129.64 3.43 23.87 -73.46 -12.01

ABC Technologies Holdings Quarterly Data
Jun18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.76 -22.60 -18.41 9.12 19.66

Competitive Comparison of ABC Technologies Holdings's EBIT

For the Auto Parts subindustry, ABC Technologies 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.


ABC Technologies Holdings's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ABC Technologies Holdings's EV-to-EBIT distribution charts can be found below:

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



ABC Technologies 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12 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.


ABC Technologies Holdings  (TSX:ABCT) EBIT Explanation

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

ABC Technologies Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=69.64 * ( 1 - 651.63% )/( (1499.101 + 1680.01)/ 2 )
=-384.155132/1589.5555
=-24.17 %

where

Invested Capital(Q: Mar. 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))
=2150.731 - 575.741 - ( 75.889 - max(0, 618.302 - 848.746+75.889))
=1499.101

Invested Capital(Q: Jun. 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))
=2131.834 - 408.101 - ( 43.723 - max(0, 565.597 - 664.976+43.723))
=1680.01

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

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

ABC Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=78.628/( ( (899.392 + max(172.554, 0)) + (1062.307 + max(20.316, 0)) )/ 2 )
=78.628/( ( 1071.946 + 1082.623 )/ 2 )
=78.628/1077.2845
=7.30 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201.224 + 354.275 + 217.217) - (575.741 + 0 + 24.421)
=172.554

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(205.933 + 340.114 + 29.405) - (408.101 + 121.142 + 25.893)
=20.316

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-12.241/1827.766
=-0.67 %

* 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.


ABC Technologies Holdings EBIT Related Terms

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ABC Technologies Holdings (TSX:ABCT) Business Description

Traded in Other Exchanges
N/A
Address
2 Norelco Drive, Toronto, ON, CAN, M9L 2X6
ABC Technologies Holdings Inc is a manufacturer and supplier of custom, highly engineered, technical plastics and light weighting innovations to the North American light vehicle industry. Its geographical segment includes Canada, United States, Mexico, and Rest of World. The company derives a majority of its revenue from the United States segment.

ABC Technologies Holdings (TSX:ABCT) Headlines

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