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Jernigan Capital (Jernigan Capital) EBIT : $-42.50 Mil (TTM As of Sep. 2020)


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What is Jernigan Capital EBIT?

Jernigan Capital's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was $-2.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was $-42.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jernigan Capital's annualized ROC % for the quarter that ended in Sep. 2020 was 0.04%. Jernigan Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -7,378.79%.

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


Jernigan Capital EBIT Historical Data

The historical data trend for Jernigan Capital'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.

Jernigan Capital EBIT Chart

Jernigan Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial -2.94 16.58 15.61 56.52 52.91

Jernigan Capital Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 13.50 9.43 -51.57 2.07 -2.44

Competitive Comparison of Jernigan Capital's EBIT

For the REIT - Industrial subindustry, Jernigan Capital'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.


Jernigan Capital's EV-to-EBIT Distribution in the REITs Industry

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

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



Jernigan Capital 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-42.50 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.


Jernigan Capital  (NYSE:JCAPpB.PFD) EBIT Explanation

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

Jernigan Capital's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

ROC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=0.364 * ( 1 - 0% )/( (846.26 + 842.144)/ 2 )
=0.364/844.202
=0.04 %

where

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

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

Jernigan Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2020  Q: Sep. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.74/( ( (0.137 + max(-11.519, 0)) + (0.127 + max(-9.59, 0)) )/ 2 )
=-9.74/( ( 0.137 + 0.127 )/ 2 )
=-9.74/0.132
=-7,378.79 %

where Working Capital is:

Working Capital(Q: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 10.237) - (21.756 + 0 + 0)
=-11.519

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 9.107) - (18.697 + 0 + 0)
=-9.59

When net working capital is negative, 0 is used.

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

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

Jernigan Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2020 )
=-42.501/0.000
= %

* 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.


Jernigan Capital EBIT Related Terms

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Jernigan Capital (Jernigan Capital) Business Description

Traded in Other Exchanges
N/A
Address
6410 Poplar Avenue, Suite 650, Memphis, TN, USA, 38119
Jernigan Capital Inc is a real estate finance company. It offers capital to private developers, owners, and operators of self-storage facilities. The company's objective is to deliver long-term returns to shareholders by investing in newly constructed self-storage facilities and making loans secured by currently operating self-storage facilities. To achieve this objective company focuses on investments in development property and operating property loans. The majority of the revenue is generated from the interest income from investments made.
Executives
David Corak officer: SVP, Corporate Finance 6410 POPLAR AVE, SUITE 650, MEMPHIS TN 38119
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Randy L Churchey director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jonathan L Perry officer: EVP, Chief Investment Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Kelly P Luttrell officer: SVP, CFO and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131
James D Dondero director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Dean Jernigan director, officer: Chairman and CEO C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
John A Good director, officer: President and COO C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
William C. Drummond officer: SVP, CFO and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131
Harry J. Thie director 1395 BRICKELL AVENUE, MIAMI FL 33131
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Mark O. Decker director 1395 BRICKELL AVENUE, MIAMI FL 33131
Sam J. Jenkins director 1395 BRICKELL AVENUE, MIAMI FL 33131
Gregory W. Ward officer: CFO, Secretary and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131

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