GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Metalert Inc (OTCPK:MLRT) » Definitions » EBIT

Metalert (Metalert) EBIT : $-0.83 Mil (TTM As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Metalert EBIT?

Metalert's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metalert's annualized ROC % for the quarter that ended in Dec. 2023 was -32.29%. Metalert's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3,493.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metalert's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -21.28%.


Metalert EBIT Historical Data

The historical data trend for Metalert'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.

Metalert EBIT Chart

Metalert Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.30 -1.06 -1.27 -0.83

Metalert Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.69 -0.18 -0.14 -0.25 -0.26

Competitive Comparison of Metalert's EBIT

For the Communication Equipment subindustry, Metalert'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.


Metalert's EV-to-EBIT Distribution in the Hardware Industry

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

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



Metalert 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.83 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.


Metalert  (OTCPK:MLRT) EBIT Explanation

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

Metalert's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1.056 * ( 1 - 0% )/( (3.236 + 3.305)/ 2 )
=-1.056/3.2705
=-32.29 %

where

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

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

Metalert's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.048/( ( (0.034 + max(-0.92, 0)) + (0.026 + max(-1.107, 0)) )/ 2 )
=-1.048/( ( 0.034 + 0.026 )/ 2 )
=-1.048/0.03
=-3,493.33 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.062 + 0.257 + 0.005) - (1.238 + 0.006 + 0)
=-0.92

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.017 + 0.232 + 0.005) - (1.354 + 0.007 + 0)
=-1.107

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.831/3.905
=-21.28 %

* 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.


Metalert EBIT Related Terms

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


Metalert (Metalert) Business Description

Traded in Other Exchanges
N/A
Address
117 West 9th Street, Suite 1214, Los Angeles, CA, USA, 90015
Metalert Inc along with its subsidiaries, is engaged in the designing, development, manufacturing, distribution, and sales of products and services in the GPS and BLE wearable technology personal location and wandering assistive technology business. Its Products and services include GPS SmartSole, Take-Along Tracker 4G, Track My Workforce, Sole Protector for GPS Smart sole, Take-Along Friends & the Invisabelt, Protective Medical devices & supplies, and VeriTap. The company generates revenue from product sales, recurring subscriptions, software, and intellectual property (IP) licensing, fees for custom hardware and software development, professional consulting, and support & maintenance services.
Executives
Louis Martin Rosenbaum director 117 W. 9TH STREET, #1214, LOS ANGELES CA 90024
Alex Grimes Mckean officer: Interim CFO 1525 MONTANA AVENUE #C, SANTA MONICA CA 90403
Williams H Murray officer: Chief Financial Officer 28426 RANCHO GRANDE, LAGUNA NIGUEL CA 92677
Patrick Aroff director 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Andrew Hamish Duncan director 117 W 9TH STREET #1214, LOS ANGELES CA 90015
Gregory Jeremiah Provenzano director 117 W 9TH STREET #1214, LOS ANGELES CA 90015
Multi Media Technology Ventures, Ltd. 10 percent owner 668 N. COAST HWY, STE 191, LAGUNA BEACH CA 92651
Christopher M Walsh officer: Chief Operations Officer 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Patrick Bertagna director, officer: President, CEO 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Jeff Sharpe director, 10 percent owner, officer: President,Secretary,Treasurer 6348 49TH AVENUE, LADNER A1 V4K 5A1