EV / EBIT

$$\frac{\text{EV}}{\text{EBIT}}$$

EV/EBIT — like EV/EBITDA but with depreciation included. Cleaner read for asset-light businesses.

Direction: Lower better Category: valuation

Inputs (XBRL fallback chains):

• cash: CashAndCashEquivalentsAtCarryingValue -> CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents -> Cash
• long_term_debt: LongTermDebt -> LongTermDebtNoncurrent
• operating_income: OperatingIncomeLoss
• short_term_debt: ShortTermBorrowings -> DebtCurrent -> LongTermDebtCurrent

Returns None when: Returns None when market cap or EBIT is missing or EBIT ≤ 0.

Source code

Implementation: ev_to_ebit in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).