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Astra Space (Astra Space) EBIT : $-197.41 Mil (TTM As of Dec. 2023)


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What is Astra Space EBIT?

Astra Space's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-87.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-197.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Astra Space's annualized ROC % for the quarter that ended in Dec. 2023 was -90.72%. Astra Space's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -922.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Astra Space's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -232.54%.


Astra Space EBIT Historical Data

The historical data trend for Astra Space'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.

Astra Space EBIT Chart

Astra Space Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-52.31 -62.63 -159.26 -411.44 -174.76

Astra Space Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -44.31 -49.25 -32.31 -28.41 -87.45

Competitive Comparison of Astra Space's EBIT

For the Aerospace & Defense subindustry, Astra Space'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.


Astra Space's EV-to-EBIT Distribution in the Aerospace & Defense Industry

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

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



Astra Space 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 quarterly data reported by the company within the most recent 12 months, which was $-197.41 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.


Astra Space  (NAS:ASTR) EBIT Explanation

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

Astra Space'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-122.816 * ( 1 - 0% )/( (109.966 + 160.795)/ 2 )
=-122.816/135.3805
=-90.72 %

where

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

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

Astra Space'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-349.812/( ( (39.595 + max(-31.756, 0)) + (36.285 + max(-36.454, 0)) )/ 2 )
=-349.812/( ( 39.595 + 36.285 )/ 2 )
=-349.812/37.94
=-922.01 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.553 + 13.686 + 18.715) - (16.46 + 33.349 + 15.901)
=-31.756

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.444 + 15.375 + 10.681) - (16.452 + 26.951 + 20.551)
=-36.454

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-197.414/84.895
=-232.54 %

* 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.


Astra Space EBIT Related Terms

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Astra Space (Astra Space) Business Description

Traded in Other Exchanges
N/A
Address
1900 Skyhawk Street, Alameda, CA, USA, 94501
Astra Space Inc is a technology company that provides space services, including satellite launch services and other space services, based on a proprietary, vertically integrated technology platform. It offers launch services, space products, and space services to achieve its space services platform model.
Executives
Scott Stanford director, 10 percent owner C/O PERSONALIZED BEAUTY DISCOVERY, INC., 201 BALDWIN AVENUE, SAN MATEO CA 94401
Axel Martinez officer: Chief Financial Officer 418 STARVIEW DRIVE, DANVILLE CA 94526
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Chris Kemp director, 10 percent owner, officer: See Remarks 1900 SKYHAWK STREET, ALAMEDA CA 94501
A/npc Holdings Llc 10 percent owner 6350 COURT STREET, EAST SYRACUSE NY 13057
Michael E Lehman director
Michele Angelique Flournoy director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Craig Mccaw director EAGLE RIVER INC, 2300 CARILLON POINT, KIRKLAND WA 98033
Lisa Nelson director 1920 4TH AVENUE #1111, SEATTLE WA 98101
Advance Publications, Inc 10 percent owner 950 FINGERBOARD ROAD, STATEN ISLAND NY 10305
Benjamin Lyon officer: See Remarks 1900 SKYHAWK STREET, ALAMEDA CA 94501
Martin Attiq officer: Chief Business Officer 1900 SKYHAWK STREET, ALAMEDA CA 94501
Adam London director, 10 percent owner, officer: Chief Technology Officer 1900 SKYHAWK STREET, ALAMEDA CA 94501
Sherpaventures Fund Ii Gp, Llc 10 percent owner 505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105
Sherpaventures Fund Ii, Lp 10 percent owner 505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105