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EBR Systems (EBR Systems) EBIT : $-30.55 Mil (TTM As of Jun. 2023)


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What is EBR Systems EBIT?

EBR Systems's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $-14.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-30.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EBR Systems's annualized ROC % for the quarter that ended in Jun. 2023 was -138.87%. EBR Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -150.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EBR Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -14.90%.


EBR Systems EBIT Historical Data

The historical data trend for EBR Systems'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.

EBR Systems EBIT Chart

EBR Systems Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-20.83 -31.56 -30.55

EBR Systems Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EBIT - -15.86 -15.70 -14.13 -16.42

Competitive Comparison of EBR Systems's EBIT

For the Medical Devices subindustry, EBR Systems'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.


EBR Systems's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, EBR Systems's EV-to-EBIT distribution charts can be found below:

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



EBR Systems 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-30.55 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.


EBR Systems  (OTCPK:EBRCZ) EBIT Explanation

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

EBR Systems's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-32.534 * ( 1 - 0% )/( (8.932 + 37.925)/ 2 )
=-32.534/23.4285
=-138.87 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

EBR Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-28.264/( ( (3.518 + max(-2.77, 0)) + (3.135 + max(30.881, 0)) )/ 2 )
=-28.264/( ( 3.518 + 34.016 )/ 2 )
=-28.264/18.767
=-150.60 %

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)
=(0.28 + 0 + 2.612) - (2.092 + 0 + 3.57)
=-2.77

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.192 + 0 + 34.906) - (0.897 + 0 + 3.32)
=30.881

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

EBR Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-30.552/205.063
=-14.90 %

* 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.


EBR Systems EBIT Related Terms

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EBR Systems (EBR Systems) Business Description

Traded in Other Exchanges
Address
480 Oakmead Parkway, Sunnyvale, CA, USA, 94085
EBR Systems Inc is engaged in treatment for patients suffering from cardiac rhythm diseases by developing therapies using wireless cardiac stimulation. The company's Wise CRT System uses proprietary wireless technology to deliver pacing stimulation directly inside of the left ventricle of the heart.

EBR Systems (EBR Systems) Headlines