Beasley Broadcast Group (Beasley Broadcast Group) EBIT : $-72.7 Mil (TTM As of Dec. 2023)

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

What is Beasley Broadcast Group EBIT?

Beasley Broadcast Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $15.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-72.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beasley Broadcast Group's annualized ROC % for the quarter that ended in Dec. 2023 was 4.91%. Beasley Broadcast Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 56.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beasley Broadcast Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -24.20%.

Beasley Broadcast Group EBIT Historical Data

The historical data trend for Beasley Broadcast Group'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.

Beasley Broadcast Group EBIT Chart

Beasley Broadcast Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

37.87

-7.01

19.73

-32.92

-72.65

Beasley Broadcast Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-31.65	0.95	-4.47	-84.37	15.24

Competitive Comparison of Beasley Broadcast Group's EBIT

For the Broadcasting subindustry, Beasley Broadcast Group'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.

Beasley Broadcast Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beasley Broadcast Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beasley Broadcast Group's EV-to-EBIT falls into.

Beasley Broadcast Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-72.7 Mil.

Beasley Broadcast Group (NAS:BBGI) EBIT Explanation

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

Beasley Broadcast Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	34.208 * ( 1 - 23.8% )	/	( (549.336	+	512.157)	/ 2 )
=	26.066496	/	530.7465
=	4.91 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	594.381	-	15.38	-	( 29.665	-	max(0, 48.347	-	91.32	+	29.665	))
=	549.336

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	574.268	-	35.377	-	( 26.734	-	max(0, 48.296	-	86.647	+	26.734	))
=	512.157

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Beasley Broadcast Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	60.952	/	( ( (89.406 + max(21.65, 0))	+	(86.242 + max(19.7, 0)) )	/	2 )
=	60.952	/	( ( 111.056	+	105.942 )	/	2 )
=	60.952	/	108.499
=	56.18 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(47.687	+	0	+	13.968)	-	(15.38	+	0	+	24.625)
=	21.65

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(53.424	+	0	+	6.489)	-	(35.377	+	4.836	+	0)
=	19.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Beasley Broadcast Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-72.651	/	300.220
	=	-24.20 %

Beasley Broadcast Group EBIT Related Terms

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

Beasley Broadcast Group (Beasley Broadcast Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Beasley Broadcast Group Inc (NAS:BBGI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BZS:Germany

Address

3033 Riviera Drive, Suite 200, Naples, FL, USA, 34103

Website

https://www.bbgi.com

Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.

Executives

Caroline Beasley	director, 10 percent owner, officer: CFO
Bruce G Beasley	director, 10 percent owner, officer: President	3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Bradley C Beasley	10 percent owner	3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Brian E Beasley	director, officer: Vice President of Operations	3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Gordon H Smith	director	6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 21771
Christopher D. Ornelas	officer: General Counsel	C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Warfield Charles M. Jr.	director	C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
George G Beasley	director, 10 percent owner, officer: CEO
Leslie V Godridge	director
Mark S Fowler	director	C/O TALK AMERICA HOLDINGS, INC., 12020 SUNRISE VALLEY DR, STE. 250, RESTON VA 20191
Cristina Bordes 2009 Gift Trust	other: See Remarks	C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephanie L. Bordes	other: See Remarks	C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephen M. Bordes	other: See Remarks	C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Cristina Bordes	10 percent owner	C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Bordes 2015 Grat #7 Lee	other: See Remarks	C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005