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Hydromer (Hydromer) EBIT : $-1.00 Mil (TTM As of Dec. 2022)


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What is Hydromer EBIT?

Hydromer's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hydromer's annualized ROC % for the quarter that ended in Dec. 2022 was -91.39%. Hydromer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -106.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hydromer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -59.94%.


Hydromer EBIT Historical Data

The historical data trend for Hydromer'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.

Hydromer EBIT Chart

Hydromer Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.96 -1.91 -3.16 -2.86 -1.72

Hydromer Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.99 -0.09 -0.27 -0.26 -0.38

Competitive Comparison of Hydromer's EBIT

For the Specialty Chemicals subindustry, Hydromer'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.


Hydromer's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hydromer's EV-to-EBIT distribution charts can be found below:

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



Hydromer 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.00 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.


Hydromer  (OTCPK:HYDI) EBIT Explanation

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

Hydromer's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-1.52 * ( 1 - -7.11% )/( (2.07 + 1.493)/ 2 )
=-1.628072/1.7815
=-91.39 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Hydromer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.52/( ( (1.675 + max(-0.309, 0)) + (1.17 + max(-1.386, 0)) )/ 2 )
=-1.52/( ( 1.675 + 1.17 )/ 2 )
=-1.52/1.4225
=-106.85 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.629 + 0.202 + 1.1102230246252E-16) - (1.14 + 0 + 0)
=-0.309

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.509 + 0.096 + 0.001) - (1.992 + 0 + 0)
=-1.386

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-1.001/1.670
=-59.94 %

* 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.


Hydromer EBIT Related Terms

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Hydromer (Hydromer) Business Description

Traded in Other Exchanges
N/A
Address
4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027
Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.
Executives
Martin C Dyck officer: Executive Vice President
George A Ziets director C/O HYDROMER, INC., 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
John S Konar officer: V.P. Quality Assurnce 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Michael F Ryan director 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Maxwell Borow director
Fredrick L Perl director
Meckeler Klaus J H director
Robert H Bea director
Dieter Heinemann director, 10 percent owner
Vrsula M Dyck director
Manfred F Dyck director, 10 percent owner, officer: President and CEO
Gaylord E Mckissick director

Hydromer (Hydromer) Headlines

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