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MongoDB (MongoDB) EBIT : $-154 Mil (TTM As of Jan. 2024)


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What is MongoDB EBIT?

MongoDB's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-154 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MongoDB's annualized ROC % for the quarter that ended in Jan. 2024 was -36.58%. MongoDB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -215.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MongoDB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -0.57%.


MongoDB EBIT Historical Data

The historical data trend for MongoDB'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.

MongoDB EBIT Chart

MongoDB Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only -155.20 -206.59 -291.57 -323.46 -154.13

MongoDB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -59.07 -49.37 -31.40 -23.70 -49.67

Competitive Comparison of MongoDB's EBIT

For the Software - Infrastructure subindustry, MongoDB'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.


MongoDB's EV-to-EBIT Distribution in the Software Industry

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

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



MongoDB 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-154 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.


MongoDB  (NAS:MDB) EBIT Explanation

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

MongoDB's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-283.864 * ( 1 - -6.48% )/( (786.932 + 865.49)/ 2 )
=-302.2583872/826.211
=-36.58 %

where

Invested Capital(Q: Oct. 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))
=2694.017 - 76.055 - ( 1924.711 - max(0, 489.563 - 2320.593+1924.711))
=786.932

Invested Capital(Q: Jan. 2024 )
=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))
=2869.642 - 84.736 - ( 2015.407 - max(0, 564.22 - 2483.636+2015.407))
=865.49

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

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

MongoDB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-198.668/( ( (94.073 + max(-84.089, 0)) + (90.407 + max(-86.194, 0)) )/ 2 )
=-198.668/( ( 94.073 + 90.407 )/ 2 )
=-198.668/92.24
=-215.38 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(271.679 + 0 + 124.203) - (76.055 + 303.325 + 100.591)
=-84.089

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(325.61 + 0 + 142.619) - (84.736 + 357.108 + 112.579)
=-86.194

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-154.129/27121.160
=-0.57 %

* 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.


MongoDB EBIT Related Terms

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MongoDB (MongoDB) Business Description

Traded in Other Exchanges
Address
1633 Broadway, 38th Floor, New York, NY, USA, 10019
Founded in 2007, MongoDB is a document-oriented database with nearly 33,000 paying customers and well past 1.5 million free users. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
Executives
Cedric Pech officer: Chief Revenue Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Dwight A Merriman director C/O MONGODB, INC., 229 WEST 43RD STREET, 5TH FLOOR, NEW YORK NY 10036
Hope F Cochran director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Dev Ittycheria director, officer: President & CEO C/O MONGO DB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Michael Lawrence Gordon officer: Chief Financial Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Thomas Bull officer: Principal Accounting Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Mark Porter director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Archana Agrawal director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Hazard Charles M Jr director, 10 percent owner 136 SUDBURY ROAD, WESTON MA 02493
John Dennis Mcmahon director C/O BLADELOGIC, INC., 10 MAGUIRE STREET, BUILDING 3, LEXINGTON MA 02421
Eliot Horowitz director, officer: Chief Technology Officer C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Francisco Dsouza director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Kevin P Ryan director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Meagen Eisenberg officer: Chief Marketing Officer C/O MONGO DB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Whale Rock Capital Management Llc 10 percent owner 2 INTERNATIONAL PLACE, 24TH FLOOR, BOSTON MA 02110