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Bally Total Fitness Holding (Bally Total Fitness Holding) EBIT : $96.08 Mil (TTM As of Jun. 2007)


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What is Bally Total Fitness Holding EBIT?

Bally Total Fitness Holding's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2007 was $14.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2007 was $96.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bally Total Fitness Holding's annualized ROC % for the quarter that ended in Jun. 2007 was 4.20%. Bally Total Fitness Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2007 was 23.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Bally Total Fitness Holding EBIT Historical Data

The historical data trend for Bally Total Fitness Holding'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.

Bally Total Fitness Holding EBIT Chart

Bally Total Fitness Holding Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 868.85 931.91 38.12 79.64 114.11

Bally Total Fitness Holding Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 24.23 19.89 51.97 10.20 14.03

Competitive Comparison of Bally Total Fitness Holding's EBIT

For the Leisure subindustry, Bally Total Fitness Holding'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.


Bally Total Fitness Holding's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bally Total Fitness Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bally Total Fitness Holding's EV-to-EBIT falls into.



Bally Total Fitness Holding 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $96.08 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.


Bally Total Fitness Holding  (GREY:BLLYW) EBIT Explanation

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

Bally Total Fitness Holding's annualized ROC % for the quarter that ended in Jun. 2007 is calculated as:

ROC % (Q: Jun. 2007 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2007 ) + Invested Capital (Q: Jun. 2007 ))/ count )
=56.112 * ( 1 - -3.37% )/( (1397.82 + 1364.737)/ 2 )
=58.0029744/1381.2785
=4.20 %

where

Invested Capital(Q: Mar. 2007 )
=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))
=431.866 - 162.027 - ( 71.873 - max(0, 1242.825 - 114.844+71.873))
=1397.82

Invested Capital(Q: Jun. 2007 )
=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))
=411.379 - 169.623 - ( 70.761 - max(0, 1231.991 - 109.01+70.761))
=1364.737

Note: The Operating Income data used here is four times the quarterly (Jun. 2007) data.

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

Bally Total Fitness Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2007 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2007 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2007  Q: Jun. 2007
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.112/( ( (242.85 + max(-398.365, 0)) + (234.392 + max(-392.96, 0)) )/ 2 )
=56.112/( ( 242.85 + 234.392 )/ 2 )
=56.112/238.621
=23.52 %

where Working Capital is:

Working Capital(Q: Mar. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 42.971) - (162.027 + 0 + 279.309)
=-398.365

Working Capital(Q: Jun. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 38.249) - (169.623 + 0 + 261.586)
=-392.96

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2007) EBIT data.

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

Bally Total Fitness Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2007 )
=96.079/0.000
= %

* 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.


Bally Total Fitness Holding EBIT Related Terms

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Bally Total Fitness Holding (Bally Total Fitness Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8700 West Bryn Mawr Avenue, Chicago, IL, USA, 60631
Bally Total Fitness Holding is the largest commercial operator of fitness centers in the United States in terms of revenue, number of members, and square footage of facilities. The company operates more than 400 fitness centers with approximately 4 million members. Its fitness centers are generally 30,000 square feet in size and include such amenities as a workout area, sauna and steam facilities, a lap pool, free-weight rooms, aerobic-exercise rooms, an indoor jogging track, and racquetball courts.

Bally Total Fitness Holding (Bally Total Fitness Holding) Headlines

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