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Couchbase (Couchbase) EBIT : $-78.8 Mil (TTM As of Jan. 2024)


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What is Couchbase EBIT?

Couchbase's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-20.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-78.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Couchbase's annualized ROC % for the quarter that ended in Jan. 2024 was -61.08%. Couchbase's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -664.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Couchbase's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -6.79%.


Couchbase EBIT Historical Data

The historical data trend for Couchbase'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.

Couchbase EBIT Chart

Couchbase Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
-23.83 -31.97 -56.56 -67.36 -78.79

Couchbase Quarterly Data
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 -16.56 -21.10 -20.61 -16.24 -20.83

Competitive Comparison of Couchbase's EBIT

For the Software - Infrastructure subindustry, Couchbase'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.


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

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

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



Couchbase 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 $-78.8 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.


Couchbase  (NAS:BASE) EBIT Explanation

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

Couchbase'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 )
=-69.748 * ( 1 - -2.76% )/( (108.178 + 126.526)/ 2 )
=-71.6730448/117.352
=-61.08 %

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))
=231.989 - 6.571 - ( 156.626 - max(0, 90.204 - 207.444+156.626))
=108.178

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))
=247.752 - 9.446 - ( 153.632 - max(0, 112.506 - 224.286+153.632))
=126.526

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

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

Couchbase'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 )
=-83.308/( ( (14.889 + max(-36.406, 0)) + (10.175 + max(-38.644, 0)) )/ 2 )
=-83.308/( ( 14.889 + 10.175 )/ 2 )
=-83.308/12.532
=-664.76 %

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)
=(30.494 + 0 + 20.324) - (6.571 + 71.529 + 9.124)
=-36.406

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.848 + 0 + 25.806) - (9.446 + 81.736 + 18.116)
=-38.644

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-78.785/1160.906
=-6.79 %

* 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.


Couchbase EBIT Related Terms

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Couchbase (Couchbase) Business Description

Traded in Other Exchanges
Address
3250 Olcott Street, Santa Clara, CA, USA, 95054
Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a highly scalable and available platform. It empower developers and architects to build, deploy and run mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud.
Executives
Lynn M Christensen director 3250 OLCOTT STREET, SANTA CLARA CA 95054
Huw Owen officer: SVP & Chief Revenue Officer C/O COUCHBASE, INC., 3250 OLCOTT STREET, SANTA CLARA CA 95054
Gregory N Henry officer: SVP & Chief Financial Officer 3250 OLCOTT STREET, SANTA CLARA CA 95054
Margaret Chow officer: SVP & Chief Legal Officer 3250 OLCOTT STREET, SANTA CLARA CA 95054
William Robert Carey officer: Chief Accounting Officer 3250 OLCOTT STREET, SANTA CLARA CA 95054
Matthew M Cain director, officer: President & CEO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Accel X Lp 10 percent owner 428 University Ave, Palo Alto ca 94301
Kevin Efrusy director, 10 percent owner 428 UNIVERSITY AVE, PALO ALTO CA 94031
Couchbase, Inc. director 3250 OLCOTT STREET, SANTA CLARA CA 95054
Alvina Antar director C/O COUCHBASE, INC., 3250 OLCOTT STREET, SANTA CLARA CA 95054
Edward T Anderson director, 10 percent owner 950 WINTER ST SUITE 4600, WATHAM MA 02451
Nbvm Gp, Llc 10 percent owner 950 WINTER STREET, SUITE 4600, WALTHAM MA 02451
West Rim Capital Advisors Llc 10 percent owner 3400 N. ASHTON BOULEVARD, SUITE 400, LEHI UT 84043
Denis Murphy officer: SVP & Chief Revenue Officer C/O NIMBLE STORAGE, INC., 211 RIVER OAKS PARKWAY, SAN JOSE CA 95134
Gpi Capital Gemini Holdco Lp 10 percent owner C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105