Legacy Education Alliance (Legacy Education Alliance) EBIT : $-2.70 Mil (TTM As of Sep. 2023)

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What is Legacy Education Alliance EBIT?

Legacy Education Alliance's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Legacy Education Alliance's annualized ROC % for the quarter that ended in Sep. 2023 was -18.31%. Legacy Education Alliance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -4,198.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Legacy Education Alliance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -30.64%.

Legacy Education Alliance EBIT Historical Data

The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance EBIT Chart

Legacy Education Alliance Annual Data

Trend

Sep13

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-8.54

2.18

14.84

0.50

-1.09

Legacy Education Alliance Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															0.53	-0.33	-0.92	-0.63	-0.82

Competitive Comparison of Legacy Education Alliance's EBIT

For the Education & Training Services subindustry, Legacy Education Alliance'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.

Legacy Education Alliance's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Legacy Education Alliance's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Legacy Education Alliance's EV-to-EBIT falls into.

Legacy Education Alliance 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.70 Mil.

Legacy Education Alliance (OTCPK:LEAI) EBIT Explanation

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

Legacy Education Alliance's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-3.296 * ( 1 - 0% )	/	( (17.819	+	18.187)	/ 2 )
=	-3.296	/	18.003
=	-18.31 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	0.847	-	7.378	-	( 0.072	-	max(0, 25.081	-	0.731	+	0.072	))
=	17.819

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	0.92	-	7.78	-	( 0.129	-	max(0, 25.85	-	0.803	+	0.129	))
=	18.187

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Legacy Education Alliance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.296	/	( ( (0.078 + max(-20.022, 0))	+	(0.079 + max(-20.409, 0)) )	/	2 )
=	-3.296	/	( ( 0.078	+	0.079 )	/	2 )
=	-3.296	/	0.0785
=	-4,198.73 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.001	+	0.658)	-	(7.378	+	3.861	+	9.442)
=	-20.022

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.001	+	0.673)	-	(7.78	+	3.861	+	9.442)
=	-20.409

When net working capital is negative, 0 is used.

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

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

Legacy Education Alliance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-2.697	/	8.801
	=	-30.64 %

Legacy Education Alliance EBIT Related Terms

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Legacy Education Alliance (Legacy Education Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Legacy Education Alliance Inc (OTCPK:LEAI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1490 NE Pine Island Road, Suite 5D, Cape Coral, FL, USA, 33909

Website

https://www.legacyeducationalliance.com

Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.

Executives

Barry Kostiner	director	C/O AMERI HOLDINGS, INC., 5000 RESEARCH COURT, SUITE 750, SUWANEE GA 30024
Michel Botbol	director, officer: Chief Executive Officer	1490 N. E. PINE ISLAND RD., SUITE 5D, CAPE CORAL FL 33909
Legacy Tech Partners, Llc	10 percent owner	1 N SHERRI LANE, SPRING VALLEY NY 10977
Peter W Harper	director	C/O SUNTRON CORP, 2501 WEST GRANDVIEW ROAD, PHOENIX AZ 85023
Anthony C. Humpage	director, 10 percent owner	1612 EAST CAPE CORAL PKWY, LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Vanessa Guzman-clark	officer: Chief Financial Officer	1831 SOUTHWEST 6TH AVENUE, CAPE CORAL FL 33991
Martin Foster	officer: Co-President	50 VALE ROAD, WINDSOR X0 SL4 5LA
Cary Sucoff	director	1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Fredrick Dummar	officer: Senior Vice President & NEO	1612 EAST CAPE CORAL PKWY, 1, CAPE CORAL FL 33904
Christian Baeza	officer: Chief Financial Officer	1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
James K Bass	director, officer: Chairman of the Board	1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
James E. May	officer: Executive Vice President	1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Iain Edwards	officer: Chief Operating Officer	1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904