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Andrea Electronics (Andrea Electronics) EBIT : $-0.18 Mil (TTM As of Dec. 2022)


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What is Andrea Electronics EBIT?

Andrea Electronics's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.18 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Andrea Electronics's annualized ROC % for the quarter that ended in Dec. 2022 was -139.13%. Andrea Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -872.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Andrea Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -6.51%.


Andrea Electronics EBIT Historical Data

The historical data trend for Andrea Electronics'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.

Andrea Electronics EBIT Chart

Andrea Electronics 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 -0.89 -0.48 -0.76 -0.30 -0.18

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 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 -0.21 -0.07 0.13 0.01 -0.25

Competitive Comparison of Andrea Electronics's EBIT

For the Consumer Electronics subindustry, Andrea Electronics'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.


Andrea Electronics's EV-to-EBIT Distribution in the Hardware Industry

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

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



Andrea Electronics 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 $-0.18 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.


Andrea Electronics  (OTCPK:ANDR) EBIT Explanation

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

Andrea Electronics'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 )
=-1.008 * ( 1 - 0% )/( (0.755 + 0.694)/ 2 )
=-1.008/0.7245
=-139.13 %

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:

Andrea Electronics'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 )
=-1.008/( ( (0.039 + max(0.155, 0)) + (0.037 + max(-3.816391647149E-17, 0)) )/ 2 )
=-1.008/( ( 0.194 + 0.037 )/ 2 )
=-1.008/0.1155
=-872.73 %

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)
=(0.308 + 0.209 + 0.036) - (0.135 + 0.013 + 0.25)
=0.155

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.166 + 0.284 + 0.056) - (0.175 + 0.02 + 0.311)
=-3.816391647149E-17

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-0.183/2.809
=-6.51 %

* 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.


Andrea Electronics EBIT Related Terms

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Andrea Electronics (Andrea Electronics) Business Description

Traded in Other Exchanges
N/A
Address
620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.
Executives
Joseph J Migliozzi director
Douglas J Andrea director, officer: President & CEO C/O ANDREA ELECTRONICS CORPORATION, 65 ORVILLE RAOD, BOHEMIA NY 11716
Louis Libin director C/O ANDREA ELECTRONICS CORP, 45 MELVILLE PARK ROAD, MELVILLE NY 11747
Guiffre Corisa officer: Vice President & CFO ANDREA ELECTRONICS CORPORATION, 65 ORVILLE ROAD, BOHEMIA NY 11716
Gary A Jones director 45 MELVILLE PARK ROAD, MELVILLE NY 11747
Jonathan D Spaet director
Scott Koondel director 45 MELVINE PORK RD, C/O ANDRE ELECTRONICS CORP, MELVILLE NY 11747
John R Croteau director 45 MELVINE PORK RD, C/O ANDRE ELECTRONICS CORP, MELVILLE NY 11747
Paul Donofrio director, officer: President & CEO C/O ANDREA ELECTRONICS CORPORATION, 45 MELVILLE PARK ROAD, MELVILLE NY 11747