EBIT (Quarterly)

EBIT: Income before interest and taxes.

AVANOS MEDICAL, INC. (AVNS) had EBIT of $2.60M for the most recently reported fiscal quarter, ending 2023-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2023-03-31

Income Statement Financials
Revenue	$191.70M
Net Income	$-0.50M
Cost of Goods Sold	$87.20M
Gross Profit	$104.50M
Operating Expenses	$189.10M
Operating Income	$2.60M
Non-Operating Income/Expense	$-3.00M
Pre-Tax Income	$-0.40M
Normalized Pre-Tax Income	$-0.40M
Income after Taxes	$-0.50M
Income from Continuous Operations	$-0.50M
Consolidated Net Income/Loss	$-0.50M
Normalized Income after Taxes	$-0.50M
EBIT	$2.60M
EBITDA	$14.70M
Weighted-Average Shares Outstanding (Basic)	46.60M
Weighted-Average Shares Outstanding (Diluted)	47.20M
Earnings per Share (EPS) (Basic)	$-0.01
Earnings per Share (EPS) (Diluted)	$-0.01
Balance Sheet Financials
Current Assets	$453.80M
Property, Plant, and Equipment	$163.50M
Long-Term Assets	$1.28B
Total Assets	$1.73B
Current Liabilities	$158.50M
Long-Term Debt	$204.70M
Long-Term Liabilities	$277.70M
Total Liabilities	$436.20M
Common Equity	$1.30B
Tangible Shareholders Equity	$232.50M
Shareholders Equity	$1.30B
Common Shares Outstanding	46.66M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-6.80M
Cash Flow from Investing Activities	$-4.00M
Cash Flow from Financial Activities	$-22.10M
Beginning Cash	$127.70M
End Cash	$95.70M
Increase/Decrease in Cash	$-32.00M
Stock-Based Compensation	$4.00M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.86
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.14
Debt to Equity Ratio	0.16
Gross Margin	54.51%
Operating Margin	1.36%
EBIT Margin	1.36%
EBITDA Margin	--
Pre-Tax Profit Margin	-0.21%
Profit Margin	-0.26%
Free Cash Flow	$-10.80M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.11
Inventory Turnover	0.44
Receiveable Turnover	1.34
Days Sales in Receivables	67.00
Return on Equity	-0.04%
Return on Tangible Equity	-0.22%
Return on Assets	-0.03%
Return on Investments	-0.03%
Book Value Per Share	$27.83
Free Cash Flow per Share	$-0.23
Operating Cash Flow per Share	$-0.14

Data from Zacks Investment Research, Inc.