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Chambers Street Properties (Chambers Street Properties) EBIT : $175.4 Mil (TTM As of Jun. 2018)


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What is Chambers Street Properties EBIT?

Chambers Street Properties's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2018 was $46.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was $175.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chambers Street Properties's annualized ROC % for the quarter that ended in Jun. 2018 was 2.54%. Chambers Street Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chambers Street Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was 5.63%.


Chambers Street Properties EBIT Historical Data

The historical data trend for Chambers Street Properties'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.

Chambers Street Properties EBIT Chart

Chambers Street Properties Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only -0.05 72.59 -13.62 97.34 135.57

Chambers Street Properties Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 29.37 69.28 22.14 37.72 46.29

Competitive Comparison of Chambers Street Properties's EBIT

For the REIT - Industrial subindustry, Chambers Street Properties'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.


Chambers Street Properties's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chambers Street Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chambers Street Properties's EV-to-EBIT falls into.



Chambers Street Properties 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $175.4 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.


Chambers Street Properties  (NYSE:CSG) EBIT Explanation

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

Chambers Street Properties's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

ROC % (Q: Jun. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2018 ) + Invested Capital (Q: Jun. 2018 ))/ count )
=158.48 * ( 1 - -0.3% )/( (6252.044 + 6267.721)/ 2 )
=158.95544/6259.8825
=2.54 %

where

Invested Capital(Q: Mar. 2018 )
=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))
=6401.976 - 122.531 - ( 41.964 - max(0, 122.531 - 149.932+41.964))
=6252.044

Invested Capital(Q: Jun. 2018 )
=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))
=6433.748 - 108.375 - ( 59.741 - max(0, 108.375 - 166.027+59.741))
=6267.721

Note: The Operating Income data used here is four times the quarterly (Jun. 2018) data.

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

Chambers Street Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2018  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=185.156/( ( (0 + max(-107.088, 0)) + (0 + max(-96.349, 0)) )/ 2 )
=185.156/( ( 0 + 0 )/ 2 )
=185.156/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 15.443) - (122.531 + 0 + 0)
=-107.088

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 12.026) - (108.375 + 0 + 0)
=-96.349

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

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

Chambers Street Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2018 )
=175.424/3118.091
=5.63 %

* 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.


Chambers Street Properties EBIT Related Terms

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Chambers Street Properties (Chambers Street Properties) Business Description

Traded in Other Exchanges
N/A
Address
Gramercy Property Trust is a real estate investment trust engaged in acquisition and management of single-tenant industrial, office, and specialty properties in the U.S. and Europe. In terms of total value, the vast majority of the company's real estate portfolio is split between offices and industrial properties, such as warehouses and distribution centers, located in urban markets throughout the U.S. Gramercy Property derives nearly all of its income in the form of rental revenue from tenants signed to medium- to long-term leases. The company's assets are fairly evenly dispersed between America's large metropolitan areas, such as Dallas, Los Angeles, New York, and Chicago. Gramercy's major tenants include firms from the financial, healthcare, consumer product, and technology industries.
Executives
Gregory F Hughes director
Charles E Black director 101 W. BROADWAY, SUITE 840, SAN DIEGO CA 92101
Allan Baum director 126 PIERREPONT STREET #3, BROOKLYN NY 11201
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Jeffrey E Kelter director C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
James L Francis director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Gordon F Dugan director, officer: Chief Executive Officer 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Matey Edward J Jr officer: EVP, Secretary + Gen. Counsel
Benjamin P Harris officer: President WP CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Jon W. Clark officer: Chief Financial Officer 420 LEXINGTON AVE., NEW YORK NY 10170
Nicholas L. Pell officer: Chief Investment Officer 521 5TH AVENUE, 30TH FLOOR, NEW YORK NY 10175
Martin A Reid director, officer: Interim President & CEO, & CFO 1929 WEST JOPPA ROAD, RUXTON MD 21204
Philip L Kianka officer: COO & Executive VP 17 HULFISH STREET, SUITE 280, PRINCETON NJ 08542