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Omni-Lite Industries Canada (TSXV:OML) EBIT : C$2.53 Mil (TTM As of Sep. 2024)


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What is Omni-Lite Industries Canada EBIT?

Omni-Lite Industries Canada's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$2.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Omni-Lite Industries Canada's annualized ROC % for the quarter that ended in Sep. 2024 was 19.31%. Omni-Lite Industries Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Omni-Lite Industries Canada's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.61%.


Omni-Lite Industries Canada EBIT Historical Data

The historical data trend for Omni-Lite Industries Canada'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.

Omni-Lite Industries Canada EBIT Chart

Omni-Lite Industries Canada 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 -2.15 -1.33 - -2.66 1.16

Omni-Lite Industries Canada 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 0.38 0.52 1.10 0.74 0.18

Competitive Comparison of Omni-Lite Industries Canada's EBIT

For the Metal Fabrication subindustry, Omni-Lite Industries Canada'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.


Omni-Lite Industries Canada's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omni-Lite Industries Canada's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Omni-Lite Industries Canada's EV-to-EBIT falls into.


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Omni-Lite Industries Canada 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$2.53 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.


Omni-Lite Industries Canada  (TSXV:OML) EBIT Explanation

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

Omni-Lite Industries Canada'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 )
=0.356 * ( 1 - -1522.22% )/( (26.451 + 33.35)/ 2 )
=5.7751032/29.9005
=19.31 %

where

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

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

Omni-Lite Industries Canada'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 )
=0.704/( ( (13.113 + max(8.127, 0)) + (12.642 + max(8.073, 0)) )/ 2 )
=0.704/( ( 21.24 + 20.715 )/ 2 )
=0.704/20.9775
=3.36 %

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)
=(3.763 + 6.332 + 0.185) - (2.095 + 0.058 + 0)
=8.127

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.37 + 6.093 + 0.31) - (1.668 + 0.034 + -0.0019999999999998)
=8.073

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:

Omni-Lite Industries Canada's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2.528/20.052
=12.61 %

* 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.


Omni-Lite Industries Canada EBIT Related Terms

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Omni-Lite Industries Canada Business Description

Traded in Other Exchanges
Address
17210 Edwards Road, Cerritos, CA, USA, 90703
Omni-Lite Industries Canada Inc is a developer and manufacturer of precision components, with the use of advanced composite materials and cold forging techniques, for mission-critical applications. The company's products have applications in various sectors including aerospace, military, specialty automotive, and sports and recreational industries. Its geographical areas of operations are in the United States and Canada of which key revenue is generated from the United States.
Executives
Roger Dent Director
Michael Kenneth Walker Senior Officer
Boeckh Investments Inc. 10% Security Holder

Omni-Lite Industries Canada Headlines

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