ATI Airtest Technologies (TSXV:AAT.H) EBIT: C$-0.09 Mil (TTM As of Sep. 2024)

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What is ATI Airtest Technologies EBIT?

ATI Airtest Technologies TSXV:AAT.H EBIT is C$-0.09 Mil as of Sep. 2024.

ATI Airtest Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ATI Airtest Technologies's annualized ROC % for the quarter that ended in Sep. 2024 was 51.85%. ATI Airtest Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 291.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ATI Airtest Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -3.68%.

ATI Airtest Technologies  (TSXV:AAT.H) EBIT Explanation

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

ATI Airtest Technologies'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 )
=0.336 * ( 1 - 0% )/( (0.676 + 0.62)/ 2 )
=0.336/0.648
=51.85 %

where

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))
=0.412 - 3.81 - ( 0.032 - max(0, 4.375 - 0.301+0.032))
=0.676

Invested Capital(Q: Sep. 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))
=0.353 - 3.755 - ( 0.02 - max(0, 4.264 - 0.242+0.02))
=0.62

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

ATI Airtest Technologies'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 )
=0.324/( ( (0.111 + max(-3.788, 0)) + (0.111 + max(-3.724, 0)) )/ 2 )
=0.324/( ( 0.111 + 0.111 )/ 2 )
=0.324/0.111
=291.89 %

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)
=(0.111 + 0.109 + 0.016) - (3.81 + 0.068 + 0.146)
=-3.788

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.072 + 0.103 + 0.014) - (3.755 + 0.012 + 0.146)
=-3.724

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.09/2.448
=-3.68 %

* 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.

ATI Airtest Technologies EBIT Related Terms

ATI Airtest Technologies EBIT Historical Data

* Premium members only.

The historical data trend for ATI Airtest Technologies'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.

ATI Airtest Technologies EBIT Chart

ATI Airtest Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 -2.46 -0.85 0.01 -0.60

ATI Airtest Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only -0.11 -0.15 -0.09 0.07 0.08

TSXV:AAT.H vs ETN, PH, ITW: EBIT Comparison

For the Specialty Industrial Machinery subindustry, ATI Airtest Technologies'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.

ATI Airtest Technologies EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATI Airtest Technologies's EV-to-EBIT distribution charts can be found below:

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


ATI Airtest Technologies 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 C$-0.09 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 C$-0.09 Mil mean?
ATI Airtest Technologies (TSXV:AAT.H) has a EBIT of C$-0.09 Mil as of Sep. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ATI Airtest Technologies.
Is ATI Airtest Technologies' EBIT too high?
ATI Airtest Technologies' current EBIT is C$-0.09 Mil.
How does ATI Airtest Technologies' EBIT compare to ETN and PH?
ATI Airtest Technologies' EBIT of C$-0.09 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 ATI Airtest Technologies. ATI Airtest Technologies's current EBIT is C$-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATI Airtest Technologies stock overvalued right now?
ATI Airtest Technologies (TSXV:AAT.H) has a current EBIT of C$-0.09 Mil. The current EBIT is C$-0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For ATI Airtest Technologies (TSXV:AAT.H), the current EBIT is C$-0.09 Mil as of Sep. 2024. 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.

ATI Airtest Technologies Business Description

Address 1520 Cliveden Avenue, Unit 9, Delta, BC, CAN, V3M 6J8
ATI Airtest Technologies Inc is engaged in the manufacturing and selling of air testing equipment and related services in Canada and the United States. Its product offering includes WiFi Transmitters, Portables/Data Logging, EnOcean Transmitters, CO2 Demand Controlled Ventilation, Parking Garage Ventilation, Air Velocity, Agriculture, Gases For Health and Safety, Industrial Dew Point, Industrial Humidity and Temp, Moisture In Oil and Calibration.