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VOXX International's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was $5.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was $-22.4 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VOXX International's annualized ROC % for the quarter that ended in Aug. 2024 was -4.60%. VOXX International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 14.31%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. VOXX International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -9.93%.
The historical data trend for VOXX International'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.
VOXX International Annual Data | |||||||||||||||||||||
Trend | Feb15 | Feb16 | Feb17 | Feb18 | Feb19 | Feb20 | Feb21 | Feb22 | Feb23 | Feb24 | |||||||||||
EBIT | Get a 7-Day Free Trial | -37.97 | 30.62 | -23.31 | -26.31 | -40.44 |
VOXX International Quarterly Data | ||||||||||||||||||||
Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | |
EBIT | Get a 7-Day Free Trial | -9.83 | 2.77 | -21.90 | -8.63 | 5.37 |
For the Consumer Electronics subindustry, VOXX International'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.
For the Hardware industry and Technology sector, VOXX International's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where VOXX International's EV-to-EBIT falls into.
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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.4 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.
VOXX International (NAS:VOXX) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
VOXX International's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:
ROC % (Q: Aug. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: May. 2024 ) | + | Invested Capital (Q: Aug. 2024 )) | / count ) |
= | -28.132 * ( 1 - 47.17% ) | / | ( (329.552 | + | 317.233) | / 2 ) |
= | -14.8621356 | / | 323.3925 | |||
= | -4.60 % |
where
Invested Capital | (Q: May. 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 | )) |
= | 412.202 | - | 78.49 | - | ( 4.16 | - | max(0, 86.226 | - | 207.399 | + | 4.16 | )) |
= | 329.552 |
Invested Capital | (Q: Aug. 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 | )) |
= | 421.164 | - | 100.27 | - | ( 3.661 | - | max(0, 108.004 | - | 226.944 | + | 3.661 | )) |
= | 317.233 |
Note: The Operating Income data used here is four times the quarterly (Aug. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
VOXX International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Aug. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: May. 2024 | Q: Aug. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 21.46 | / | ( ( (47.473 + max(115.712, 0)) | + | (47.016 + max(89.701, 0)) ) | / | 2 ) |
= | 21.46 | / | ( ( 163.185 | + | 136.717 ) | / | 2 ) |
= | 21.46 | / | 149.951 | ||||
= | 14.31 % |
where Working Capital is:
Working Capital | (Q: May. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (64.787 | + | 116.23 | + | 16.759) | - | (78.49 | + | 3.574 | + | 0) |
= | 115.712 |
Working Capital | (Q: Aug. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (64.24 | + | 113.253 | + | 15.743) | - | (100.27 | + | 3.265 | + | 1.4210854715202E-14) |
= | 89.701 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Aug. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
VOXX International's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Aug. 2024 ) |
= | -22.396 | / | 225.614 | |
= | -9.93 % |
* 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.
Thank you for viewing the detailed overview of VOXX International's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Beat Kahli | 10 percent owner | AVALON GROUP INTERNATIONAL, LLC, 3801 AVALON PARK EAST BLVD., STE 400, ORLANDO FL 32828 |
John Jr Adamovich | director | 180 MARCUS BLVD, C/O VOXX INTERNATIONAL CORPORATION, HAUPPAUGE NY 11788 |
Steven R Downing | director | 14814 CREEK EDGE DRIVE, HOLLAND MI 49424 |
Peter A Lesser | director | C/O AUDIOVOX CORP, 180 MARCUS BLVD., HAUPPAUGE NY 11788-0518 |
Patrick M Lavelle | director, officer: Senior Vice President | 150 MARCUS BLVD, PO BOX 18000, HAUPPAUGE NY 11788 |
John J Shalam | director, 10 percent owner, officer: President and C.E.O. | 180 MARCUS BLVD, PO BOX 12427, HAUPPAGE NY 11788-0518 |
Holding Ag Kahli | 10 percent owner | RIESBACHSTRASSE 57, ZURICH V8 8008 |
Edward David Mas | officer: President Voxx Automotive Corp | C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BOULEVARD, HAUPPAUGE NY 11788 |
Kreuch Paul C Jr | director | C/O 180 MARCUS BLVD., PO BOX 12427, HAUPPAUGE NY 11788-0518 |
Ari Shalam | director | C/O AUDIOVOX CORP, 150 MARCUS BLVD, HAUPPAUGE NY 11788 |
Denise W. Gibson | director | 140 SCHOOL STREET, LIBERTYVILLE IL 60048 |
Oscar Leonard Bernardo | officer: COO Klipsch Group Inc. | C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788 |
Ian Sebastian Geise | officer: President Voxx Accessories | C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788 |
Michael F Klipsch | officer: Pres. Global Operations of KGI | 180 MARCUS BOULEVARD, C/O AUDIOVOX CORPORATION, HAUPPAUGE X1 11788 |
Ludwig Geis | officer: CEO VOXX Hirschmann Corp | STUTTGARTER STRASSE 45 - 51, NECKARTENZLINGEN 2M 72654 |
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