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Harbor Diversified (Harbor Diversified) EBIT : $-3.9 Mil (TTM As of Sep. 2023)


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What is Harbor Diversified EBIT?

Harbor Diversified's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-4.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-3.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harbor Diversified's annualized ROC % for the quarter that ended in Sep. 2023 was -10.60%. Harbor Diversified's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -15.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harbor Diversified's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 25.91%.


Harbor Diversified EBIT Historical Data

The historical data trend for Harbor Diversified'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.

Harbor Diversified EBIT Chart

Harbor Diversified Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 189.64 -17.09 43.96 118.89 54.11

Harbor Diversified Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 10.53 11.62 0.61 -11.64 -4.49

Competitive Comparison of Harbor Diversified's EBIT

For the Airlines subindustry, Harbor Diversified'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.


Harbor Diversified's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Harbor Diversified's EV-to-EBIT distribution charts can be found below:

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



Harbor Diversified 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 quarterly data reported by the company within the most recent 12 months, which was $-3.9 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.


Harbor Diversified  (OTCPK:HRBR) EBIT Explanation

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

Harbor Diversified'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: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-20.288 * ( 1 - 17.81% )/( (153.787 + 160.694)/ 2 )
=-16.6747072/157.2405
=-10.60 %

where

Invested Capital(Q: Jun. 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))
=345.373 - 34.302 - ( 157.284 - max(0, 43.945 - 232.483+157.284))
=153.787

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))
=328.432 - 27.696 - ( 152.401 - max(0, 83.899 - 223.941+152.401))
=160.694

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

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

Harbor Diversified'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: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-17.948/( ( (101.53 + max(19.631, 0)) + (93.334 + max(11.893, 0)) )/ 2 )
=-17.948/( ( 121.161 + 105.227 )/ 2 )
=-17.948/113.194
=-15.86 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.074 + 5.184 + 3.675) - (34.302 + 0 + 0)
=19.631

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.151 + 5.029 + 3.409) - (27.696 + 0 + 0)
=11.893

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-3.9/-15.054
=25.91 %

* 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.


Harbor Diversified EBIT Related Terms

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Harbor Diversified (Harbor Diversified) Business Description

Traded in Other Exchanges
N/A
Address
W6390 Challenger Drive, Suite 203, Appleton, WI, USA, 54914-9120
Harbor Diversified Inc operates in the Airline business. It currently operates in one service line providing scheduled flight services. It generates revenue from the Available Seat Miles.
Executives
John C Shaw director 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Jerry M Seslowe director 520 MADISON AVE, 40TH FLOOR, NEW YORK NY 10022
Richard A Bartlett director 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Scott M Freeman officer: Chief Medical Officer 3031 RESEARCH DRIVE, BUILDING A, RICHMOND CA 94806
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Jessie R Groothuis officer: Vice Pres., Clinical Affairs 4435 EASTGATE MALL, SUITE 400, SAN DIEGO CA 92121
Jerome M Hauer director 4435 EASTGATE MALL, SUITE 400, SAN DIEGO CA 92121
Thomas Merigan director C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Brendan Mcdonnell director C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Marc R Sarni director 13705 SHORELINE COURT, EARTH CITY MO 63045
Daniel D Burgess officer: COO/CFO C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Robert Marsella officer: VP, Business Development C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Robert W Weber officer: Chief Accounting Officer C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Eric J Loumeau officer: VP, Corporate General Counsel C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Paul Bagley director 1530 16TH STREET SUITE 200, DENVER CO 80202-1468

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