EasTower Wireless (TSXV:ESTW.H) EBIT : C$-1.53 Mil (TTM As of Sep. 2022)

View and export this data going back to 2022. Start your Free Trial

What is EasTower Wireless EBIT?

EasTower Wireless's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was C$-0.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was C$-1.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EasTower Wireless's annualized ROC % for the quarter that ended in Sep. 2022 was -239.57%. EasTower Wireless's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -687.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EasTower Wireless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -38.86%.

EasTower Wireless EBIT Historical Data

The historical data trend for EasTower Wireless'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.

EasTower Wireless EBIT Chart

EasTower Wireless Annual Data

Trend

Dec19

Dec20

EBIT

-3.69

-2.23

EasTower Wireless Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Jan22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.70	-0.70	-0.04	-0.86	-0.62

Competitive Comparison of EasTower Wireless's EBIT

For the Engineering & Construction subindustry, EasTower Wireless'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.

EasTower Wireless's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, EasTower Wireless's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EasTower Wireless's EV-to-EBIT falls into.

EasTower Wireless 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.53 Mil.

EasTower Wireless (TSXV:ESTW.H) EBIT Explanation

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

EasTower Wireless's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-2.476 * ( 1 - 0% )	/	( (1.037	+	1.03)	/ 2 )
=	-2.476	/	1.0335
=	-239.57 %

where

	Invested Capital		(Q: Jun. 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	))
=	1.1	-	0.789	-	( 0.393	-	max(0, 1.448	-	0.722	+	0.393	))
=	1.037

	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	))
=	0.89	-	0.811	-	( 0.108	-	max(0, 1.494	-	0.543	+	0.108	))
=	1.03

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

EasTower Wireless's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.492	/	( ( (0.378 + max(-0.583, 0))	+	(0.347 + max(-0.544, 0)) )	/	2 )
=	-2.492	/	( ( 0.378	+	0.347 )	/	2 )
=	-2.492	/	0.3625
=	-687.45 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.138	+	0	+	0.068)	-	(0.789	+	0	+	0)
=	-0.583

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.151	+	0	+	0.116)	-	(0.811	+	0	+	-2.2204460492503E-16)
=	-0.544

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

EasTower Wireless's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-1.527	/	3.929
	=	-38.86 %

EasTower Wireless EBIT Related Terms

Thank you for viewing the detailed overview of EasTower Wireless's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

EasTower Wireless (TSXV:ESTW.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EasTower Wireless Inc (TSXV:ESTW.H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 2800, Vancouver, BC, CAN, V6C 2Z7

Website

https://eastowerwireless.com

EasTower Wireless Inc is a U.S. provider of wireless communications infrastructure and related services.. The firm specializes in the construction, installation, upgrading, and maintenance of wireless infrastructure systems, including 5G, 4G and small cell deployments as well as first responder or FirstNet initiatives. The company's diverse, top-tier customer base includes telecom providers, global original equipment manufacturers (OEMs), corporations and federal government agencies. The company is currently operating in the State of Florida and is focusing on potential expansions in the Southeastern Sunbelt states of the US.

EasTower Wireless (TSXV:ESTW.H) Headlines

No Headlines