GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Elite Diagnostic Ltd (XJAM:ELITE) » Definitions » EBIT

Elite Diagnostic (XJAM:ELITE) EBIT : JMD Mil (TTM As of . 20)


View and export this data going back to 2018. Start your Free Trial

What is Elite Diagnostic EBIT?

Elite Diagnostic's earnings before interest and taxes (EBIT) for the six months ended in . 20 was JMD0.00 Mil.

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

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Elite Diagnostic EBIT Historical Data

The historical data trend for Elite Diagnostic'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.

Elite Diagnostic EBIT Chart

Elite Diagnostic Annual Data
Trend
EBIT

Elite Diagnostic Semi-Annual Data
EBIT

Competitive Comparison of Elite Diagnostic's EBIT

For the Diagnostics & Research subindustry, Elite Diagnostic'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.

Elite Diagnostic's EV-to-EBIT Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Elite Diagnostic's EV-to-EBIT distribution charts can be found below:

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


Elite Diagnostic 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in . 20 was JMD 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.

Elite Diagnostic  (XJAM:ELITE) EBIT Explanation

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

Elite Diagnostic's annualized ROC % for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) data.

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

Elite Diagnostic's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 is calculated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

where Working Capital is:

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (. 20) EBIT data.

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

Elite Diagnostic's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: . 20 )
=/519.498
= %

* 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.

Elite Diagnostic EBIT Related Terms

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

Elite Diagnostic (XJAM:ELITE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Elite Diagnostic Ltd (XJAM:ELITE) » Definitions » EBIT
Comparable Companies
HKSE:01522 HKSE:01900 HKSE:01037 HKSE:02176 HKSE:00318 HKSE:08319 HKSE:08062 HKSE:01985 HKSE:08017 HKSE:02350 TMO DHR SHSE:603259 IDXX IQV A XSWX:LONN MTD ICLR ILMN
Traded in Other Exchanges
N/A
Address
1B Holborn Road, St. Andrew, Kingston, JAM, 5
Website
https://www.elite-diagnostic.com
Elite Diagnostic Ltd provides diagnostic and research services. The company offers various services such as Interventional Radiology Procedures, Magnetic Resonance Imaging (MRI), Computed Tomography (CT Scan), Ultrasound, X-Ray, Fluoroscopy, Endoscopic Ultrasound, the only one of its kind in the Caribbean. The company's revenue is derived mainly from diagnostic imaging services.

Elite Diagnostic (XJAM:ELITE) Headlines

No Headlines