GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astera Labs Inc (NAS:ALAB) » Definitions » EBIT

Astera Labs (Astera Labs) EBIT : $-82.97 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Astera Labs EBIT?

Astera Labs's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-82.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-82.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Astera Labs's annualized ROC % for the quarter that ended in Mar. 2024 was -1,370.66%. Astera Labs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2,586.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Astera Labs's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.90%.

Astera Labs EBIT Historical Data

The historical data trend for Astera Labs'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.

Astera Labs EBIT Chart

Astera Labs Annual Data
Trend Dec22 Dec23
EBIT
-60.19 -29.50

Astera Labs Quarterly Data
Dec22 Mar23 Dec23 Mar24
EBIT - -18.93 - -82.97

Competitive Comparison of Astera Labs's EBIT

For the Semiconductors subindustry, Astera Labs'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.

Astera Labs's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astera Labs's EV-to-EBIT distribution charts can be found below:

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


Astera Labs 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-82.97 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.

Astera Labs  (NAS:ALAB) EBIT Explanation

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

Astera Labs's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-331.868 * ( 1 - -15.65% )/( (29.693 + 26.31)/ 2 )
=-383.805342/28.0015
=-1,370.66 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=196.292 - 17.286 - ( 149.313 - max(0, 35.079 - 185.807+149.313))
=29.693

Invested Capital(Q: Mar. 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))
=864.901 - 37.2 - ( 801.391 - max(0, 45.587 - 854.44+801.391))
=26.31

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

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

Astera Labs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-331.868/( ( (4.712 + max(3.571, 0)) + (7.581 + max(9.7950000000001, 0)) )/ 2 )
=-331.868/( ( 8.283 + 17.376 )/ 2 )
=-331.868/12.8295
=-2,586.76 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.335 + 24.095 + 4.064) - (17.286 + 0 + 15.637)
=3.571

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.757 + 29.567 + 6.7250000000001) - (37.2 + 0 + 6.054)
=9.7950000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Astera Labs's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-82.967/9249.904
=-0.90 %

* 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.

Astera Labs EBIT Related Terms

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

Astera Labs (Astera Labs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astera Labs Inc (NAS:ALAB) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Website
https://www.asteralabs.com
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

Astera Labs (Astera Labs) Headlines

From GuruFocus

Astera Labs Announces Pricing of Initial Public Offering

By Business Wire • 03-20-2024