EpicQuest Education Group International (EpicQuest Education Group International) EBIT : $-7.07 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is EpicQuest Education Group International EBIT?

EpicQuest Education Group International's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $-3.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-7.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EpicQuest Education Group International's annualized ROC % for the quarter that ended in Sep. 2023 was -61.96%. EpicQuest Education Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -232.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EpicQuest Education Group International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -89.02%.

EpicQuest Education Group International EBIT Historical Data

The historical data trend for EpicQuest Education Group International'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.

EpicQuest Education Group International EBIT Chart

EpicQuest Education Group International Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

Get a 7-Day Free Trial

2.65

1.30

-1.47

-7.16

-7.07

EpicQuest Education Group International Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial						-1.07	-3.33	-3.83	-3.19	-3.88

Competitive Comparison of EpicQuest Education Group International's EBIT

For the Education & Training Services subindustry, EpicQuest Education Group International'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.

EpicQuest Education Group International's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, EpicQuest Education Group International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EpicQuest Education Group International's EV-to-EBIT falls into.

EpicQuest Education Group International 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-7.07 Mil.

EpicQuest Education Group International (NAS:EEIQ) EBIT Explanation

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

EpicQuest Education Group International's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-7.76 * ( 1 - -12.22% )	/	( (12.996	+	15.115)	/ 2 )
=	-8.708272	/	14.0555
=	-61.96 %

where

	Invested Capital		(Q: Mar. 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	))
=	19.634	-	2.248	-	( 5.862	-	max(0, 4.397	-	8.787	+	5.862	))
=	12.996

	Invested Capital		(Q: Sep. 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	))
=	19.209	-	2.263	-	( 4.967	-	max(0, 6.88	-	8.711	+	4.967	))
=	15.115

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

EpicQuest Education Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-7.76	/	( ( (3.519 + max(-1.623, 0))	+	(3.159 + max(-3.578, 0)) )	/	2 )
=	-7.76	/	( ( 3.519	+	3.159 )	/	2 )
=	-7.76	/	3.339
=	-232.40 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.331	+	0.036	+	1.771)	-	(2.248	+	1.512	+	0.00099999999999945)
=	-1.623

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.037	+	0.041	+	2.665)	-	(2.263	+	4.058	+	0)
=	-3.578

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

EpicQuest Education Group International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-7.07	/	7.942
	=	-89.02 %

EpicQuest Education Group International EBIT Related Terms

Thank you for viewing the detailed overview of EpicQuest Education Group International's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

EpicQuest Education Group International (EpicQuest Education Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » EpicQuest Education Group International Ltd (NAS:EEIQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1209 North University Boulevard, Middletown, OH, USA, 45042

Website

https://www.epicquesteducation.com

EpicQuest Education Group International Ltd provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the U.S., Canada, and the UK. In addition, the company has a recruiting relationship with the regional campuses of Miami University of Ohio, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses, and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University.