Chembio Diagnostics EBIT

The latest EBIT for CEMI is $-20M as of December 2022. That compares with $-29M in the prior-year period — up 28.7% year over year. That is below the Healthcare sector average of $22B. Investors often review this figure alongside Chembio Diagnostics's historical trend and sector peers before judging valuation or financial health.

Over the past year, CEMI's EBIT moved from $-29M to $-20M — a 28.7% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Chembio Diagnostics's operating scale or balance-sheet position.

Against Healthcare companies, CEMI currently prints $-20M for EBIT, while the sector average sits near $22B. That is roughly 100.1% below the sector mean. Large gaps often invite a closer look at Chembio Diagnostics's growth, margins, and balance sheet.

A EBIT figure of $-20M for CEMI is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Healthcare average is about $22B. Explore the charts below for those layers of context.

After noting CEMI's EBIT ($-20M), review year-over-year change from $-29M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.