Condor Hospitality Trust (Condor Hospitality Trust) EBIT : $-12.97 Mil (TTM As of Sep. 2021)

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What is Condor Hospitality Trust EBIT?

Condor Hospitality Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was $-3.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was $-12.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Condor Hospitality Trust's annualized ROC % for the quarter that ended in Sep. 2021 was 2.13%. Condor Hospitality Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -2,960.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Condor Hospitality Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -10.97%.

Condor Hospitality Trust EBIT Historical Data

The historical data trend for Condor Hospitality Trust'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.

Condor Hospitality Trust EBIT Chart

Condor Hospitality Trust Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

EBIT

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27.68

7.48

13.83

3.85

-10.97

Condor Hospitality Trust Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
EBIT	Get a 7-Day Free Trial															-2.68	-2.75	0.05	-7.19	-3.08

Competitive Comparison of Condor Hospitality Trust's EBIT

For the REIT - Hotel & Motel subindustry, Condor Hospitality Trust'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.

Condor Hospitality Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Condor Hospitality Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Condor Hospitality Trust's EV-to-EBIT falls into.

Condor Hospitality Trust 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.97 Mil.

Condor Hospitality Trust (NAS:CDORO.PFD) EBIT Explanation

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

Condor Hospitality Trust's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

	ROC % (Q: Sep. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2021 )	+	Invested Capital (Q: Sep. 2021 ))	/ count )
=	5.508 * ( 1 - -0.45% )	/	( (261.036	+	259.372)	/ 2 )
=	5.532786	/	260.204
=	2.13 %

where

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	275.737	-	9.187	-	( 6.419	-	max(0, 9.187	-	14.701	+	6.419	))
=	261.036

	Invested Capital		(Q: Sep. 2021 )
=	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	))
=	273.388	-	8.73	-	( 5.286	-	max(0, 8.73	-	14.847	+	5.286	))
=	259.372

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

Condor Hospitality Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2021		Q: Sep. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-12.3	/	( ( (0 + max(-0.905, 0))	+	(0 + max(0.831, 0)) )	/	2 )
=	-12.3	/	( ( 0	+	0.831 )	/	2 )
=	-12.3	/	0.4155
=	-2,960.29 %

where Working Capital is:

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.175	+	0	+	7.107)	-	(9.187	+	0	+	0)
=	-0.905

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.283	+	0	+	8.278)	-	(8.73	+	0	+	0)
=	0.831

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

Condor Hospitality Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2021 )
	=	-12.965	/	118.151
	=	-10.97 %

Condor Hospitality Trust EBIT Related Terms

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Condor Hospitality Trust (Condor Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Condor Hospitality Trust Inc (NAS:CDORO.PFD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800 West Pasewalk Avenue, Suite 200, Norfolk, NE, USA, 68701

Website

http://www.condorhospitality.com

Condor Hospitality Trust Inc is a US-based self-administered real estate investment trust. It is engaged in the investment and ownership of select service, limited service, extended stay and compact full-service hotels. The primary business of the company is owning equity interests in hotel properties. It conducts its business through a traditional umbrella partnership REIT in which the hotel properties are owned by its operating partnership, Condor Hospitality Limited Partnership, and its subsidiaries.