GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sierra Wireless Inc (NAS:SWIR) » Definitions » EBIT

Sierra Wireless (Sierra Wireless) EBIT : $-41.9 Mil (TTM As of Sep. 2022)


View and export this data going back to 2000. Start your Free Trial

What is Sierra Wireless EBIT?

Sierra Wireless's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-8.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-41.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sierra Wireless's annualized ROC % for the quarter that ended in Sep. 2022 was 11.51%. Sierra Wireless's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -36.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sierra Wireless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -3.61%.


Sierra Wireless EBIT Historical Data

The historical data trend for Sierra Wireless'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.

Sierra Wireless EBIT Chart

Sierra Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.88 -23.54 -65.52 -81.24 -88.41

Sierra Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -25.34 -34.95 -11.86 13.14 -8.28

Competitive Comparison of Sierra Wireless's EBIT

For the Communication Equipment subindustry, Sierra Wireless'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.


Sierra Wireless's EV-to-EBIT Distribution in the Hardware Industry

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

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



Sierra Wireless 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41.9 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.


Sierra Wireless  (NAS:SWIR) EBIT Explanation

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

Sierra Wireless's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=30.556 * ( 1 - -9.17% )/( (280.114 + 299.305)/ 2 )
=33.3579852/289.7095
=11.51 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=600.441 - 192.984 - ( 127.343 - max(0, 206.275 - 376.471+127.343))
=280.114

Invested Capital(Q: Sep. 2022 )
=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))
=604.205 - 178.858 - ( 126.042 - max(0, 221.743 - 390.752+126.042))
=299.305

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-33.1/( ( (36.92 + max(43.824, 0)) + (39.934 + max(60.407, 0)) )/ 2 )
=-33.1/( ( 80.744 + 100.341 )/ 2 )
=-33.1/90.5425
=-36.56 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104.442 + 92.357 + 52.329) - (192.984 + 12.32 + 0)
=43.824

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.828 + 107.964 + 55.918) - (178.858 + 13.756 + 11.689)
=60.407

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-41.946/1162.488
=-3.61 %

* 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.


Sierra Wireless EBIT Related Terms

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


Sierra Wireless (Sierra Wireless) Business Description

Traded in Other Exchanges
N/A
Address
13811 Wireless Way, Richmond, BC, CAN, V6V 3A4
Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region.