Nordicus Partners (Nordicus Partners) EBIT : $-2.76 Mil (TTM As of Dec. 2023)

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What is Nordicus Partners EBIT?

Nordicus Partners's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordicus Partners's annualized ROC % for the quarter that ended in Dec. 2023 was -17.07%. Nordicus Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nordicus Partners's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -7.03%.

Nordicus Partners EBIT Historical Data

The historical data trend for Nordicus Partners'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.

Nordicus Partners EBIT Chart

Nordicus Partners Annual Data

Trend

Mar22

Mar23

EBIT

-0.29

-8.47

Nordicus Partners Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial			-0.85	-2.53	-0.05	-0.10	-0.08

Competitive Comparison of Nordicus Partners's EBIT

For the Consulting Services subindustry, Nordicus Partners'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.

Nordicus Partners's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nordicus Partners's EV-to-EBIT distribution charts can be found below:

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

Nordicus Partners 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 $-2.76 Mil.

Nordicus Partners (OTCPK:NORD) EBIT Explanation

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

Nordicus Partners'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 )
=	-0.3 * ( 1 - 0% )	/	( (1.755	+	1.759)	/ 2 )
=	-0.3	/	1.757
=	-17.07 %

where

	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	))
=	1.766	-	0.026	-	( 0.011	-	max(0, 0.026	-	0.011	+	0.011	))
=	1.755

	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	))
=	1.798	-	0.063	-	( 0.039	-	max(0, 0.063	-	0.039	+	0.039	))
=	1.759

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

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

Nordicus Partners'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 )
=	-0.3	/	( ( (0 + max(-0.026, 0))	+	(0 + max(-0.063, 0)) )	/	2 )
=	-0.3	/	( ( 0	+	0 )	/	2 )
=	-0.3	/	0
=	%

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	+	0	+	0)	-	(0.026	+	0	+	0)
=	-0.026

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.063	+	0	+	0)
=	-0.063

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-2.755	/	39.186
	=	-7.03 %

Nordicus Partners EBIT Related Terms

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Nordicus Partners (Nordicus Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nordicus Partners Corp (OTCPK:NORD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D565, Las Vegas, NV, USA, 89103

Website

https://www.nordicuspartners.com

Nordicus Partners Corp is a Denmark-based financial consulting company and wholly owned subsidiary of ekimas corporation, Specializing in providing Nordic companies with the best possible conditions to establish themselves on the us market, taking advantage of management's combined 90+ years of experience in the corporate sector, serving in different capacities both domestically and globally. The company's core competencies lie in assisting Danish as well as Nordic and international companies in different areas of corporate finance activities, such as business valuation, growth strategies, attracting capital for business & company acquisition, and sales.

Executives

Partners Aps Gk	10 percent owner	MESTERLODDEN 3B, GENTOFTE G7 2820
Henrik Rouf	10 percent owner	468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Henrik Oerbekker	10 percent owner	94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Khristine L Carroll	officer: EVP Commercial Operations	229 ANDOVER STREET, WILMINGTON MA 01887
Mark R Tauscher	director
Oneill William J Jr	director	4000 HOLLYWOOD BLVD STE 650N, HOLLYWOOD FL 33021
Michael L Barretti	director	78 E OLYMPIA AVE, C/O CARDIO TECH INTERNATIONAL INC, WOBURN MA 01810-2057
Michael F Adams	director, officer: Chief Executive Officer	78 E OLYMPIA AVE, C/O CARDIO TECH INTERNATIONAL INC, WOBURN MA 01810-2057
David Crispino Volpe	officer: Chief Financial Officer	235 STONEBRIDGE DRIVE, NASHUA NH 03063
Eric G Walters	officer: Vice President and CFO	C/O MFIC CORP, 30 OSSIPEE RD., NEWTON MA 02464
Andrew Martin Reed	officer: VP of Science and Technology	12106 WEST 75TH LANE, ARVADA CO 80005
Philip Alan Beck	other: General manager	1230 CREEKSIDE CROSSING, STILLWATER MN 55082
Jeremiah E Dorsey	director	P.O. BOX 910, QUECHEE VT 05059
Leslie M Taeger	officer: CFO
Douglas E Whittaker	officer: President Gish Biomedical

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