GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strax AB (OSTO:STRAX) » Definitions » EBIT

Strax AB (OSTO:STRAX) EBIT : kr-153 Mil (TTM As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Strax AB EBIT?

Strax AB's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was kr-157 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was kr-153 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Strax AB's annualized ROC % for the quarter that ended in Sep. 2023 was -52.58%. Strax AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1,071.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Strax AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -31.84%.


Strax AB EBIT Historical Data

The historical data trend for Strax AB'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.

Strax AB EBIT Chart

Strax AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 244.95 35.31 41.14 33.39 -30.65

Strax AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -52.40 9.93 -2.64 -3.01 -156.91

Competitive Comparison of Strax AB's EBIT

For the Communication Equipment subindustry, Strax AB'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.


Strax AB's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Strax AB's EV-to-EBIT distribution charts can be found below:

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



Strax AB 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-153 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.


Strax AB  (OSTO:STRAX) EBIT Explanation

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

Strax AB's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-553.884 * ( 1 - 4.92% )/( (1075.451 + 927.705)/ 2 )
=-526.6329072/1001.578
=-52.58 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=1078.66 - 308.29 - ( 12.741 - max(0, 1027.591 - 722.51+12.741))
=1075.451

Invested Capital(Q: Sep. 2023 )
=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))
=682.608 - 428.876 - ( 10.706 - max(0, 1055.091 - 381.118+10.706))
=927.705

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

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

Strax AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-627.656/( ( (10.361 + max(97.541, 0)) + (9.239 + max(-245.711, 0)) )/ 2 )
=-627.656/( ( 107.902 + 9.239 )/ 2 )
=-627.656/58.5705
=-1,071.62 %

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)
=(226.851 + 276.135 + 206.783) - (308.29 + 0 + 303.938)
=97.541

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.804 + 183.485 + 86.123) - (428.876 + 0 + 187.247)
=-245.711

When net working capital is negative, 0 is used.

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

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

Strax AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-152.633/479.448
=-31.84 %

* 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.


Strax AB EBIT Related Terms

Thank you for viewing the detailed overview of Strax AB's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Strax AB (OSTO:STRAX) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 10, Stockholm, SWE, 111 44
Strax AB is specialized in accessories that empower mobile lifestyles. Its portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio. Its Health & Wellness category offers branded Personal Protection products. Its distribution business reaches a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers. The company's wholly-owned brands include Urbanista, Clckr, Richmond & Finch, Planet Buddies, xqisit, AVO+, Dottir and grell, and licensed brands include adidas, Bugatti, Diesel, Superdry and WeSC. The firm's distribution business also services over 40 other major mobile accessory brands.

Strax AB (OSTO:STRAX) Headlines

No Headlines