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Oculus VisionTech (Oculus VisionTech) EBIT : $-0.45 Mil (TTM As of Mar. 2024)


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What is Oculus VisionTech EBIT?

Oculus VisionTech's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.45 Mil.

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

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oculus VisionTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.70%.


Oculus VisionTech EBIT Historical Data

The historical data trend for Oculus VisionTech'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.

Oculus VisionTech EBIT Chart

Oculus VisionTech 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 -0.20 -0.81 -1.99 -2.07 -0.60

Oculus VisionTech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.24 -0.12 -0.14 -0.10 -0.08

Competitive Comparison of Oculus VisionTech's EBIT

For the Software - Infrastructure subindustry, Oculus VisionTech'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.


Oculus VisionTech's EV-to-EBIT Distribution in the Software Industry

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

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



Oculus VisionTech 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 $-0.45 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.


Oculus VisionTech  (OTCPK:OVTZ) EBIT Explanation

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

Oculus VisionTech'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 )
=-0.336 * ( 1 - 0% )/( (0 + -2.7755575615629E-17)/ 2 )
=-0.336/-1.3877787807814E-17
= %

where

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))
=0.11 - 0.279 - ( 0.095 - max(0, 0.279 - 0.11+0.095))
=-2.7755575615629E-17

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

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

Oculus VisionTech'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 )
=-0.336/( ( (0 + max(-0.258, 0)) + (0 + max(-0.268, 0)) )/ 2 )
=-0.336/( ( 0 + 0 )/ 2 )
=-0.336/0
= %

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)
=(0 + 0 + 0.016) - (0.274 + 0 + 0)
=-0.258

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.011) - (0.279 + 0 + 0)
=-0.268

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-0.449/5.162
=-8.70 %

* 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.


Oculus VisionTech EBIT Related Terms

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Oculus VisionTech (Oculus VisionTech) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Oculus VisionTech Inc. is a Canadian-based development-stage technology company focused on cyber security, data privacy and data protection solutions for Enterprise business customers.
Executives
Anton J Drescher director, officer: Chief Financial Officer (CFO) 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Fabrice Helliker director 507-837 WEST HASTINGS STREET, VANCOUVER A1 V6C 3N6
Michael Patrick Johnson director 2120 CAREY AVE., REGISTERED AGENCY SERVICES, INC., CHEYENNE WY 82001
Shawn Norman Nichols director 326 BROOKE AVENUE, TORONTO A6 M5M2L3
Rowland Perkins director, officer: Chief Executive Officer (CEO) 751 WOODPARK ROAD SW, CALGARY A0 T2W 2S3
Tomislav Perovic director 6260 MULBERRY CRESCENT, MISSISSAUGA A6 L5V 1B7
Ronald K Wages director 1508 SIR GALLAHAN COURT, WAXHAW NC 28173
Usa Video Interactive Corp director, officer: President 837 WEST HASTINGS STREET, SUITE 507, VANCOUVER A1 V6C 3N6
Edwin Molina director, officer: President 8 WEST MAIN STREET, NIANTIC CT 06352
Smith Robert D Jr other: Resigned Director/Officer 90 VALLEY DRIVE, SALEM CT 06420
Maurice Loverso director 8378 MAURICE DEPLESISS, MONTREAL A8 HIE 3A3

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