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Eternity Healthcare (Eternity Healthcare) EBIT : $-0.36 Mil (TTM As of Jul. 2018)


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What is Eternity Healthcare EBIT?

Eternity Healthcare's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2018 was $-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2018 was $-0.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eternity Healthcare's annualized ROC % for the quarter that ended in Jul. 2018 was -31.38%. Eternity Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2018 was -65.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eternity Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2018 was -2,784.62%.

Eternity Healthcare EBIT Historical Data

The historical data trend for Eternity Healthcare'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.

Eternity Healthcare EBIT Chart

Eternity Healthcare Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -0.49 -0.34 -0.48 -0.30

Eternity Healthcare Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 -0.02 0.09 -0.14 -0.13 -0.18

Competitive Comparison of Eternity Healthcare's EBIT

For the Medical Devices subindustry, Eternity Healthcare'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.

Eternity Healthcare's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

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

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


Eternity Healthcare 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 Jul. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.36 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.

Eternity Healthcare  (GREY:ETAH) EBIT Explanation

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

Eternity Healthcare's annualized ROC % for the quarter that ended in Jul. 2018 is calculated as:

ROC % (Q: Jul. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2018 ) + Invested Capital (Q: Jul. 2018 ))/ count )
=-0.732 * ( 1 - 0% )/( (1.984 + 2.681)/ 2 )
=-0.732/2.3325
=-31.38 %

where

Invested Capital(Q: Apr. 2018 )
=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))
=1.959 - 1.286 - ( 0.022 - max(0, 1.388 - 0.077+0.022))
=1.984

Invested Capital(Q: Jul. 2018 )
=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))
=2.72 - 1.923 - ( 0.01 - max(0, 2.047 - 0.163+0.01))
=2.681

Note: The Operating Income data used here is four times the quarterly (Jul. 2018) data.

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

Eternity Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2018  Q: Jul. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.732/( ( (0 + max(-1.3, 0)) + (2.224 + max(-1.989, 0)) )/ 2 )
=-0.732/( ( 0 + 2.224 )/ 2 )
=-0.732/1.112
=-65.83 %

where Working Capital is:

Working Capital(Q: Apr. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.055) - (1.286 + 0 + 0.069)
=-1.3

Working Capital(Q: Jul. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.058) - (1.923 + 0 + 0.124)
=-1.989

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2018) EBIT data.

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

Eternity Healthcare's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2018 )
=-0.362/0.013
=-2,784.62 %

* 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.

Eternity Healthcare EBIT Related Terms

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Eternity Healthcare (Eternity Healthcare) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eternity Healthcare Inc (GREY:ETAH) » Definitions » EBIT
Comparable Companies
WAR:GEN WAR:NST WAR:BMX NIMU XSAT:ALPH INOL WAR:SCP XSAT:MEDF XMCE:EEP XKLS:0155 XSAT:IDL B BZYR MDIT OSTO:ADDV A WAR:IGN MHTX ASX:LSH ASX:PAA XCNQ:BUX TSX:GEN
Traded in Other Exchanges
N/A
Address
18 Carnarvon Road, Flat/Room 1006 - 10th Floor, Hang Seng Tsim Sha Tsui Building, Tsim Sha TsuiI, Kowloon, Hong Kong, HKG
Website
http://www.eternityhealthcare.com
Eternity Healthcare Inc is a medical device company operating in the us. It focuses on manufacturing a needle-free injection system. The company emphasizes needle-free injection device technology for application in Diabetes, Pediatric Oncology, Multiple sclerosis, Multiple sclerosis, Anesthetics, Vaccine, Cardiovascular, and Migraine. The company adult stem cell storage is all located in North China, East China, and South China. The company targets market includes Guizhou, Yunan, Guangxi, Xinjiang, and Tibet.