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Security National Financial (Security National Financial) EBIT : $21.2 Mil (TTM As of Dec. 2023)


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What is Security National Financial EBIT?

Security National Financial's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $2.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $21.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Security National Financial's annualized ROC % for the quarter that ended in Dec. 2023 was 1.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Security National Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.54%.


Security National Financial EBIT Historical Data

The historical data trend for Security National Financial'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.

Security National Financial EBIT Chart

Security National Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.33 80.03 58.93 42.21 21.17

Security National Financial 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 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 30.57 3.04 9.56 6.31 2.25

Competitive Comparison of Security National Financial's EBIT

For the Mortgage Finance subindustry, Security National Financial'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.


Security National Financial's EV-to-EBIT Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Security National Financial's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Security National Financial's EV-to-EBIT falls into.



Security National Financial 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 $21.2 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.


Security National Financial  (NAS:SNFCA) EBIT Explanation

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

Security National Financial's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=9.012 * ( 1 - -103.2% )/( (1266.37145 + 1290.6737)/ 2 )
=18.312384/1278.522575
=1.43 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1413.772 - 16.648 - ( 134.752 - 5% * 79.989 )
=1266.37145

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1430.552 - 16.69 - ( 126.942 - 5% * 75.074 )
=1290.6737

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Security National Financial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=21.165/127.987
=16.54 %

* 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.


Security National Financial EBIT Related Terms

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


Security National Financial (Security National Financial) Business Description

Traded in Other Exchanges
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.
Executives
Gilbert A Fuller director 55 WANDERWOOD WAY, SANDY UT 84092
Jeffrey Russell Stephens officer: General Counsel, Corporate Sec 38 NORTHRIDGE WAY, SANDY UT 84092
Howard Craig Moody director 11892 SOUTH BROOKGLEN DRIVE, SANDY UT 84092
Jason G. Overbaugh director, officer: VP, Asst. Corp Sec. 13471 SOUTH TUSCALEE WAY, DRAPER UT 84020
Ludmya B Love director 913 WEST GROUSE CIRCLE, SARATOGA SPRINGS UT 84045
Shital Ashok Mehta director 59 N SANTA CRUZ AVENUE, STE Y, LOS GATOS CA 95030
Norman G Wilbur director 2637 MUSTANG DRIVE, MEAD CO 80542
Garrett S. Sill officer: Acting CFO 2463 SOUTH 1375 WEST, SYRACUSE UT 84075
Adam George Quist officer: VP Mem Serv Asst Sec. Gen Con 4057 SOUTH OLIVIA VIEW LANE, SALT LAKE CITY UT 84107
Scott M Quist director, officer: Pres., Chief Operating Officer 7 WANDERWOOD WAY, SANDY UT 84092
Stephen Charles Johnson officer: VP of Mortgage Operations 886 SOUTH ROUECHE LANE, KAYSVILLE UT 84037
Jordan Capital Am, Llc 10 percent owner 3500 PIEDMONT RD NE, SUITE 330, ATLANTA GA 30305
John L Cook director 2424 SUMMER OAK CIRCLE, SANDY UT 84092
S. Andrew Quist director, officer: VP and Assoc General Counsel 272 EAST BROADLEAF CIRCLE, DRAPER UT 84020
Beckstead Jack Lynn Jr director, officer: V.P. Mortgage Operations 190 NORTH MATTERHORN DRIVE, ALPINE UT 84004