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GCT Semiconductor Holding (GCT Semiconductor Holding) EBIT : $-5.48 Mil (TTM As of Mar. 2024)


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What is GCT Semiconductor Holding EBIT?

GCT Semiconductor Holding's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $2.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GCT Semiconductor Holding's annualized ROC % for the quarter that ended in Mar. 2024 was -43.64%. GCT Semiconductor Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 541.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GCT Semiconductor Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.51%.

GCT Semiconductor Holding EBIT Historical Data

The historical data trend for GCT Semiconductor Holding'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.

GCT Semiconductor Holding EBIT Chart

GCT Semiconductor Holding Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-21.91 -22.93 -15.68

GCT Semiconductor Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial -9.72 -0.41 - -8.38 2.90

Competitive Comparison of GCT Semiconductor Holding's EBIT

For the Semiconductors subindustry, GCT Semiconductor Holding'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.

GCT Semiconductor Holding's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's EV-to-EBIT distribution charts can be found below:

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


GCT Semiconductor Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.48 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.

GCT Semiconductor Holding  (NYSE:GCTS) EBIT Explanation

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

GCT Semiconductor Holding's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-29.6 * ( 1 - 7.23% )/( (76.522 + 49.337)/ 2 )
=-27.45992/62.9295
=-43.64 %

where

Invested Capital(Q: Dec. 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))
=16.428 - 41.698 - ( 0.258 - max(0, 114.801 - 13.009+0.258))
=76.522

Invested Capital(Q: Mar. 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))
=35.819 - 26.287 - ( 16.122 - max(0, 72.593 - 32.788+16.122))
=49.337

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

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

GCT Semiconductor Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.592/( ( (2.293 + max(-32.506, 0)) + (1.987 + max(-14.355, 0)) )/ 2 )
=11.592/( ( 2.293 + 1.987 )/ 2 )
=11.592/2.14
=541.68 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.92 + 1.486 + 2.906) - (41.698 + 0.048 + 0.071999999999989)
=-32.506

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.103 + 1.784 + 5.187) - (26.287 + 0.035 + 0.10700000000001)
=-14.355

When net working capital is negative, 0 is used.

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

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

GCT Semiconductor Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-5.481/218.031
=-2.51 %

* 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.

GCT Semiconductor Holding EBIT Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCT Semiconductor Holding Inc (NYSE:GCTS) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131
Website
https://www.gctsemi.com
GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

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