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Virgin Orbit Holdings (Virgin Orbit Holdings) EBIT : $-189.82 Mil (TTM As of Dec. 2022)


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What is Virgin Orbit Holdings EBIT?

Virgin Orbit Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-50.91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-189.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Virgin Orbit Holdings's annualized ROC % for the quarter that ended in Dec. 2022 was -173.11%. Virgin Orbit Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -205.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Virgin Orbit Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -417.33%.


Virgin Orbit Holdings EBIT Historical Data

The historical data trend for Virgin Orbit 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.

Virgin Orbit Holdings EBIT Chart

Virgin Orbit Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
EBIT
-191.83 -116.80 -157.26 -189.82

Virgin Orbit Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -41.72 -62.54 -33.24 -43.14 -50.91

Competitive Comparison of Virgin Orbit Holdings's EBIT

For the Aerospace & Defense subindustry, Virgin Orbit 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.


Virgin Orbit Holdings's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Virgin Orbit Holdings's EV-to-EBIT distribution charts can be found below:

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



Virgin Orbit 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-189.82 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.


Virgin Orbit Holdings  (OTCPK:VORBQ) EBIT Explanation

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

Virgin Orbit Holdings's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-267.62 * ( 1 - -0.01% )/( (133.648 + 175.57)/ 2 )
=-267.646762/154.609
=-173.11 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Virgin Orbit Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-203.632/( ( (83.152 + max(13.111, 0)) + (85.87 + max(15.724, 0)) )/ 2 )
=-203.632/( ( 96.263 + 101.594 )/ 2 )
=-203.632/98.9285
=-205.84 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.977 + 69.229 + 12.708) - (38.136 + 17.927 + 14.74)
=13.111

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.389 + 77.062 + 18.078) - (39.464 + 20.414 + 19.927)
=15.724

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-189.821/45.485
=-417.33 %

* 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.


Virgin Orbit Holdings EBIT Related Terms

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Virgin Orbit Holdings (Virgin Orbit Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4022 East Conant Street, Long Beach, CA, USA, 90808
Virgin Orbit Holdings Inc is a vertically integrated space company that provides customers with dedicated small satellite launch capabilities. Its launches have delivered satellites to orbit for customers across commercial, civil, and national security and defense markets, both domestically and internationally.
Executives
Jill Kathleen Frizzley director P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Corvina Holdings Ltd 10 percent owner LA MOTTE CHAMBERS, ST HELIER X0 JE1 1BJ
Virgin Group Holdings Ltd 10 percent owner LA MOTTE CHAMBERS, ST HELIER, JERSEY X0 JE1 1BJ
Virgin Investments Ltd 10 percent owner LA MOTTE CHAMBERS, ST HELIER Y9 X0 JE1 1BJ
Sir Richard Branson 10 percent owner RICHARD'S HOUSE, THE VALLEY, VIRGIN GORDA, NECKER ISLAND D8 POBOX 1091
Katharina G. Mcfarland director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Mubadala Investment Co Pjsc 10 percent owner P.O. BOX 45005, ABU DHABI C0 00000
Mamoura Diversified Global Holding Pjsc 10 percent owner P. O. BOX 45005, ABU DHABI C0 UAE
Fifteenth Investment Co Llc 10 percent owner C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Vieco 10 Ltd 10 percent owner CRAIGMUIR CHAMBERS, P.O. BOX 71, ROAD TOWN, TORTOLA D8 VG1110
Shadid Abdulla Mohamed Ismail Ibrahim director C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Daniel M Hart director, officer: Chief Executive Officer C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Derrick Osmond Boston officer: Chief Legal Officer C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Brita Eve O'rear officer: Chief Financial Officer C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808