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American Shared Hospital Services (American Shared Hospital Services) EBIT : $1.81 Mil (TTM As of Dec. 2023)


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What is American Shared Hospital Services EBIT?

American Shared Hospital Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. American Shared Hospital Services's annualized ROC % for the quarter that ended in Dec. 2023 was 4.31%. American Shared Hospital Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. American Shared Hospital Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.53%.


American Shared Hospital Services EBIT Historical Data

The historical data trend for American Shared Hospital Services'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.

American Shared Hospital Services EBIT Chart

American Shared Hospital Services 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 2.88 -8.40 1.69 3.32 1.81

American Shared Hospital Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.91 0.44 0.07 0.50 0.80

Competitive Comparison of American Shared Hospital Services's EBIT

For the Medical Care Facilities subindustry, American Shared Hospital Services'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.


American Shared Hospital Services's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Shared Hospital Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where American Shared Hospital Services's EV-to-EBIT falls into.



American Shared Hospital Services 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.81 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.


American Shared Hospital Services  (AMEX:AMS) EBIT Explanation

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

American Shared Hospital Services's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=4.224 * ( 1 - 65.63% )/( (31.672 + 35.715)/ 2 )
=1.4517888/33.6935
=4.31 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

American Shared Hospital Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.208/( ( (25.291 + max(-1.924, 0)) + (25.92 + max(2.085, 0)) )/ 2 )
=3.208/( ( 25.291 + 28.005 )/ 2 )
=3.208/26.648
=12.04 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.986 + 0 + 1.197) - (5.364 + 0 + 1.743)
=-1.924

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.343 + 0 + 1.919) - (2.77 + 0 + 1.407)
=2.085

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

American Shared Hospital Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1.808/24.019
=7.53 %

* 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.


American Shared Hospital Services EBIT Related Terms

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American Shared Hospital Services (American Shared Hospital Services) Business Description

Traded in Other Exchanges
N/A
Address
601 Montgomery, Suite 1112, San Francisco, CA, USA, 94111-2619
American Shared Hospital Services provides stereotactic radiosurgery equipment and Advanced radiation therapy and related equipment. It currently provides Gamma Knife units to medical centers and stand-alone facilities. The company, along with its subsidiaries, operates through the following operations: Gamma Knife, Advanced Radiation Therapy Equipment and Services, and Proton Beam Radiation Therapy Operations. It generates most of its revenue from the domestic market.
Executives
Robert L Hiatt officer: Chief Financial Officer C/O BARACK FERRAZZANO, 333 W WACKER #2700, CHICAGO IL 60606
Peter M Gaccione officer: Chief Operating Officer 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
Vicki L Wilson director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Kathleen Miles director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Ernest Robert Bates officer: Vice President 350 MARGARITA DRIVE, SAN RAFAEL CA 94901
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Saim Mert Ozyurek director 2 EMBARCADERO CENTER, SUITE 410, SAN FRANCISCO CA 94111
David Larson director 80 CERRITOS AVE, SAN FRANCISCO CA 94127
Kelly Daniel G Jr director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Raymond C Stachowiak director, 10 percent owner, officer: Interim President & CEO C/O ASHS, 2 EMBARCADERO CENTER-SUITE 410, SAN FRANCISCO CA 94111
Trotman Stanley S Jr director
Craig Kenji Tagawa officer: COO/CFO 5323 SPRINGRIDGE COURT, FAIRFIELD CA 94534
Ernest A Bates director, 10 percent owner, officer: CHAIRMAN AND CEO FOUR EMBARCADERO CENTER 3620, SAN FRANCISO CA 94111-4155
American Shared Hospital Services director, 10 percent owner, officer: CHAIRMAN AND CEO 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
John F Ruffle director 77 PLEASANTVILLE ROAD, NEW VERNON NJ 07976