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Sidus Space (Sidus Space) EBIT : $-13.99 Mil (TTM As of Mar. 2024)


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What is Sidus Space EBIT?

Sidus Space's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-3.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-13.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sidus Space's annualized ROC % for the quarter that ended in Mar. 2024 was -91.94%. Sidus Space's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -120.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sidus Space's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -149.68%.


Sidus Space EBIT Historical Data

The historical data trend for Sidus Space'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.

Sidus Space EBIT Chart

Sidus Space Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-1.89 -1.53 -3.65 -12.06 -13.58

Sidus Space Quarterly Data
Dec19 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 -3.25 -3.31 -3.90 -3.12 -3.66

Competitive Comparison of Sidus Space's EBIT

For the Aerospace & Defense subindustry, Sidus Space'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.


Sidus Space's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sidus Space's EV-to-EBIT distribution charts can be found below:

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



Sidus Space 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 $-13.99 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.


Sidus Space  (NAS:SIDU) EBIT Explanation

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

Sidus Space'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 )
=-14.248 * ( 1 - 0% )/( (15.087 + 15.908)/ 2 )
=-14.248/15.4975
=-91.94 %

where

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

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

Sidus Space'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 )
=-14.628/( ( (9.686 + max(0.465, 0)) + (11.594 + max(2.528, 0)) )/ 2 )
=-14.628/( ( 10.151 + 14.122 )/ 2 )
=-14.628/12.1365
=-120.53 %

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)
=(1.243 + 1.218 + 5.405) - (7.281 + 0.12 + 0)
=0.465

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.823 + 1.424 + 4.768) - (4.367 + 0.12 + 0)
=2.528

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-13.985/9.343
=-149.68 %

* 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.


Sidus Space EBIT Related Terms

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Sidus Space (Sidus Space) Business Description

Traded in Other Exchanges
N/A
Address
150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953
Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.
Executives
Carol Marlene Craig director, 10 percent owner, officer: CEO 150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera director 18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero director 150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole director 150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne director 102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman officer: Chief Financial Officer 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134