Astika Holdings (Astika Holdings) EBIT : $-0.11 Mil (TTM As of Sep. 2019)

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What is Astika Holdings EBIT?

Astika Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was $-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Astika Holdings's annualized ROC % for the quarter that ended in Sep. 2019 was -7,314.29%. Astika Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Astika Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -12.81%.

Astika Holdings EBIT Historical Data

The historical data trend for Astika Holdings'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.

Astika Holdings EBIT Chart

Astika Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

EBIT

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-0.04

-0.08

-0.02

-0.16

-0.06

Astika Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
EBIT	Get a 7-Day Free Trial															-0.01	-0.03	-0.01	-0.02	-0.06

Competitive Comparison of Astika Holdings's EBIT

For the Shell Companies subindustry, Astika Holdings'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.

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

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

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

Astika Holdings 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

Astika Holdings (OTCPK:ASKH) EBIT Explanation

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

Astika Holdings's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

	ROC % (Q: Sep. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2019 )	+	Invested Capital (Q: Sep. 2019 ))	/ count )
=	-0.256 * ( 1 - 0% )	/	( (0.004	+	0.003)	/ 2 )
=	-0.256	/	0.0035
=	-7,314.29 %

where

	Invested Capital		(Q: Jun. 2019 )
=	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	))
=	0	-	0.142	-	( 0	-	max(0, 0.146	-	0	+	0	))
=	0.004

	Invested Capital		(Q: Sep. 2019 )
=	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	))
=	0	-	0.206	-	( 0	-	max(0, 0.209	-	0	+	0	))
=	0.003

Note: The Operating Income data used here is four times the quarterly (Sep. 2019) data.

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

Astika Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2019		Q: Sep. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.256	/	( ( (0 + max(-0.142, 0))	+	(0 + max(-0.205, 0)) )	/	1 )
=	-0.256	/	( ( 0	+	0 )	/	1 )
=	-0.256	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.142	+	0	+	0)
=	-0.142

	Working Capital		(Q: Sep. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.206	+	0	+	-0.001)
=	-0.205

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

Astika Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2019 )
	=	-0.113	/	0.882
	=	-12.81 %

Astika Holdings EBIT Related Terms

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Astika Holdings (Astika Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Astika Holdings Inc (OTCPK:ASKH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

703 Rosebank Road, Level 1, Avondale, Auckland, NZL, 1348

Website

Astika Holdings Inc is not engaged in any business activity and is preparing to relaunch the company through one or more strategic acquisitions in the textile, service and industrial sectors in Asia and New Zealand.

Executives

Eugene B Settler	director, officer: President, CEO & Treasurer
Aline Parrish	10 percent owner	631 JEFFERSON AVENUE UNIT 305 MIAMI BEACH FL 33139
Stephen J Ratelle	director	6393 BUCKAROO AVENUE LAS VEGAS NV 89108
Jack Alvo	director, officer: Secretary	7000 WEST PALMETTO PARK ROAD SUITE 409 BOCA RATON FL 33433
Iq Acquisition (ny) Ltd.	10 percent owner	LEVEL 1, 725 ROSEBANK ROAD AVONDALE, 1348 AUCKLAND Q2 00000

Astika Holdings (Astika Holdings) Headlines

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