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Lifecare ASA (OSL:LIFE) EBIT : kr-35.35 Mil (TTM As of Dec. 2023)


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What is Lifecare ASA EBIT?

Lifecare ASA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was kr-21.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was kr-35.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lifecare ASA's annualized ROC % for the quarter that ended in Dec. 2023 was -147.44%. Lifecare ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -372.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lifecare ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.55%.


Lifecare ASA EBIT Historical Data

The historical data trend for Lifecare ASA'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.

Lifecare ASA EBIT Chart

Lifecare ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -6.55 -2.61 -15.98 -16.90 -35.35

Lifecare ASA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -10.73 -6.27 -10.63 -13.85 -21.50

Competitive Comparison of Lifecare ASA's EBIT

For the Medical Devices subindustry, Lifecare ASA'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.


Lifecare ASA's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

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

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



Lifecare ASA 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-35.35 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.


Lifecare ASA  (OSL:LIFE) EBIT Explanation

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

Lifecare ASA's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-42.88 * ( 1 - 2.6% )/( (22.198 + 34.457)/ 2 )
=-41.76512/28.3275
=-147.44 %

where

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

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

Lifecare ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-42.998/( ( (6.458 + max(-3.952, 0)) + (9.834 + max(6.77, 0)) )/ 2 )
=-42.998/( ( 6.458 + 16.604 )/ 2 )
=-42.998/11.531
=-372.89 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(-0.814 + 0 + 0) - (0.488 + 0 + 2.65)
=-3.952

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.019 + 0 + 11.68) - (3.588 + 0 + 5.341)
=6.77

When net working capital is negative, 0 is used.

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

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

Lifecare ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-35.348/260.798
=-13.55 %

* 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.


Lifecare ASA EBIT Related Terms

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Lifecare ASA (OSL:LIFE) Business Description

Traded in Other Exchanges
Address
Ytrebygdsvegen 215, Blomsterdalen, Bergen, NOR, 5258
Lifecare AS is engaged in the research and development of medical sensors for health monitoring. The company is engaged in the development, testing, and introduction of the first long-term implantable microsensor to give persons with diabetes a modern tool for the monitoring of glucose levels. It develops Sencell, a long-term implantable microsensor to give persons with diabetes a tool for monitoring of glucose levels.

Lifecare ASA (OSL:LIFE) Headlines

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