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Innovative Holdings Alliance (Innovative Holdings Alliance) EV-to-EBIT : (As of Jun. 16, 2024)


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What is Innovative Holdings Alliance EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Innovative Holdings Alliance's Enterprise Value is $1.63 Mil. Innovative Holdings Alliance does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Aug. 2023. Therefore, GuruFocus does not calculate Innovative Holdings Alliance's EV-to-EBIT at this moment.

The historical rank and industry rank for Innovative Holdings Alliance's EV-to-EBIT or its related term are showing as below:

IHAI' s EV-to-EBIT Range Over the Past 10 Years
Min: -319.53   Med: 0   Max: 0
Current: -50.81

IHAI's EV-to-EBIT is ranked worse than
100% of 191 companies
in the Diversified Financial Services industry
Industry Median: 9.42 vs IHAI: -50.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Innovative Holdings Alliance's Enterprise Value for the quarter that ended in Aug. 2023 was $0.00 Mil. Innovative Holdings Alliance does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Aug. 2023. Therefore, GuruFocus does not calculate Innovative Holdings Alliance's Earnings Yield (Joel Greenblatt) % at this moment.


Innovative Holdings Alliance EV-to-EBIT Historical Data

The historical data trend for Innovative Holdings Alliance's EV-to-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.

Innovative Holdings Alliance EV-to-EBIT Chart

Innovative Holdings Alliance Annual Data
Trend
EV-to-EBIT

Innovative Holdings Alliance Semi-Annual Data
Aug22 Aug23
EV-to-EBIT - -

Competitive Comparison of Innovative Holdings Alliance's EV-to-EBIT

For the Shell Companies subindustry, Innovative Holdings Alliance'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.


Innovative Holdings Alliance's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovative Holdings Alliance's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Innovative Holdings Alliance's EV-to-EBIT falls into.



Innovative Holdings Alliance EV-to-EBIT Calculation

Innovative Holdings Alliance's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.626/
=


Innovative Holdings Alliance  (OTCPK:IHAI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Innovative Holdings Alliance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Aug. 2023 ) =EBIT / Enterprise Value (Q: Aug. 2023 )
=/0
= %


Innovative Holdings Alliance EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Innovative Holdings Alliance's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Traded in Other Exchanges
N/A
Address
12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004
Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines