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Bluegreen Vacations (Bluegreen Vacations) EBIT : $50.8 Mil (TTM As of Dec. 2020)


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What is Bluegreen Vacations EBIT?

Bluegreen Vacations's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2020 was $19.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was $50.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bluegreen Vacations's annualized ROC % for the quarter that ended in Dec. 2020 was 0.65%. Bluegreen Vacations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 18.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bluegreen Vacations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 7.52%.


Bluegreen Vacations EBIT Historical Data

The historical data trend for Bluegreen Vacations'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.

Bluegreen Vacations EBIT Chart

Bluegreen Vacations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.48 166.98 163.60 97.80 50.81

Bluegreen Vacations Quarterly Data
Dec12 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 25.33 9.80 -3.47 24.71 19.77

Competitive Comparison of Bluegreen Vacations's EBIT

For the Resorts & Casinos subindustry, Bluegreen Vacations'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.


Bluegreen Vacations's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Bluegreen Vacations's EV-to-EBIT falls into.



Bluegreen Vacations 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $50.8 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.


Bluegreen Vacations  (NYSE:BXG) EBIT Explanation

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

Bluegreen Vacations's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2020 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=7.092 * ( 1 - 17.16% )/( (910.256 + 909.627)/ 2 )
=5.8750128/909.9415
=0.65 %

where

Invested Capital(Q: Sep. 2020 )
=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))
=1213.804 - 110.445 - ( 193.103 - max(0, 110.445 - 1039.863+193.103))
=910.256

Invested Capital(Q: Dec. 2020 )
=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))
=1222.37 - 109.075 - ( 203.668 - max(0, 109.075 - 1036.565+203.668))
=909.627

Note: The Operating Income data used here is four times the quarterly (Dec. 2020) data.

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

Bluegreen Vacations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2020  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=79.064/( ( (112.489 + max(326.202, 0)) + (124.374 + max(314.473, 0)) )/ 2 )
=79.064/( ( 438.691 + 438.847 )/ 2 )
=79.064/438.769
=18.02 %

where Working Capital is:

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 350.345 + 86.302) - (110.445 + 0 + 0)
=326.202

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 347.122 + 76.426) - (109.075 + 0 + 0)
=314.473

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

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

Bluegreen Vacations's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2020 )
=50.809/675.554
=7.52 %

* 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.


Bluegreen Vacations EBIT Related Terms

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Bluegreen Vacations (Bluegreen Vacations) Business Description

Traded in Other Exchanges
N/A
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly-owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners, and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.
Executives
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Shawn B Pearson officer: Former Dir, President, and CEO 4960 CONFERENCE WAY NORTH SUITE 100 BOCA RATON FL 33431
Raymond Scott Lopez officer: EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Anthony M Puleo officer: Former EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH BOCA RATON FL 33431
Susan Saturday officer: EVP, Chief Admin Officer 5116 PINEVIEW CIRCLE, DELRAY BEACH FL 33445
Famous P Rhodes officer: Former EVP and CMO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
David L Pontius other: Former EVP and COO 4960 CONFERENCE WAY, NORTH SUITE 100 BOCA RATON FL 33431
De La Osa Jorge officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Justin Taylor officer: EVP and Chief HR Officer 4960 CONFERENCE WAY NORTH, SUITE 100 BOCA RATON FL 33431
Ahmad M Wardak officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Woodbridge Holdings, Llc 10 percent owner 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309
Bbx Capital Corp 10 percent owner P.O. BOX 39000 FORT LAUDERDALE FL 33303
John E Abdo director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303