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AmeraMex International (AmeraMex International) EBIT : $1.64 Mil (TTM As of Mar. 2023)


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What is AmeraMex International EBIT?

AmeraMex International's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $1.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AmeraMex International's annualized ROC % for the quarter that ended in Mar. 2023 was 9.36%. AmeraMex International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 10.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AmeraMex International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 20.88%.


AmeraMex International EBIT Historical Data

The historical data trend for AmeraMex 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.

* Premium members only.

AmeraMex International EBIT Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 2.08 0.58 0.07 3.32 1.92

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.54 0.31 1.73 -0.66 0.27

Competitive Comparison of AmeraMex International's EBIT

For the Farm & Heavy Construction Machinery subindustry, AmeraMex 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.


AmeraMex International's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AmeraMex International's EV-to-EBIT distribution charts can be found below:

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



AmeraMex International 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.64 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.


AmeraMex International  (OTCPK:AMMX) EBIT Explanation

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

AmeraMex International's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=1.372 * ( 1 - 28.87% )/( (10.274 + 10.58)/ 2 )
=0.9759036/10.427
=9.36 %

where

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

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

AmeraMex International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.064/( ( (4.09 + max(5.81, 0)) + (3.83 + max(6.343, 0)) )/ 2 )
=1.064/( ( 9.9 + 10.173 )/ 2 )
=1.064/10.0365
=10.60 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.994 + 6.276 + 0.319) - (1.779 + 0 + 8.8817841970013E-16)
=5.81

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.792 + 6.888 + 0.219) - (1.556 + 0 + -8.8817841970013E-16)
=6.343

When net working capital is negative, 0 is used.

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

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

AmeraMex International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=1.64/7.854
=20.88 %

* 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.


AmeraMex International EBIT Related Terms

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AmeraMex International (AmeraMex International) Business Description

Traded in Other Exchanges
N/A
Address
3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company's key product line is specialized container handling equipment for loading and unloading of container ships and dry dock areas.
Executives
Hope Stone officer: Chief Financial Officer 3930 ESPLANADE, CHICO CA 95973
Lee Hamre director, 10 percent owner, officer: Chief Executive Officer,, other: Chairman 3930 ESPLANADE, CHICO CA 95973
Marty Tullio director, officer: Secretary and Director 3930 ESPLANADE, CHICO CA 95973
Brian Hamre director 3930 ESPLANADE, CHICO CA 95973
John Jeffery Morris director 3930 ESPLANADE, CHICO CA 95973
Michael R. Maloney director, officer: Chief Operations Officer,, other: Treasurer 3930 ESPLANADE, CHICO CA 95973