Mountain Top Properties (Mountain Top Properties) EBIT : $-0.58 Mil (TTM As of Mar. 2024)

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What is Mountain Top Properties EBIT?

Mountain Top Properties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mountain Top Properties's annualized ROC % for the quarter that ended in Mar. 2024 was -48.85%. Mountain Top Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -64.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mountain Top Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.64%.

Mountain Top Properties EBIT Historical Data

The historical data trend for Mountain Top Properties'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.

Mountain Top Properties EBIT Chart

Mountain Top Properties Annual Data

Trend

Dec22

Dec23

EBIT

-0.04

-0.56

Mountain Top Properties Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial				-0.01	-0.01	-	-0.55	-0.02

Competitive Comparison of Mountain Top Properties's EBIT

For the Real Estate - Development subindustry, Mountain Top Properties'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.

Mountain Top Properties's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mountain Top Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mountain Top Properties's EV-to-EBIT falls into.

Mountain Top Properties 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.58 Mil.

Mountain Top Properties (OTCPK:MTPP) EBIT Explanation

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

Mountain Top Properties's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.096 * ( 1 - 0% )	/	( (0.201	+	0.192)	/ 2 )
=	-0.096	/	0.1965
=	-48.85 %

where

	Invested Capital		(Q: Dec. 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	))
=	0.157	-	0.083	-	( 0.003	-	max(0, 0.13	-	0.003	+	0.003	))
=	0.201

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	0.144	-	0.103	-	( 0	-	max(0, 0.151	-	0	+	0	))
=	0.192

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Mountain Top Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.096	/	( ( (0.155 + max(-0.083, 0))	+	(0.144 + max(-0.103, 0)) )	/	2 )
=	-0.096	/	( ( 0.155	+	0.144 )	/	2 )
=	-0.096	/	0.1495
=	-64.21 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.083	+	0	+	0)
=	-0.083

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.103	+	0	+	0)
=	-0.103

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Mountain Top Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.579	/	10.264
	=	-5.64 %

Mountain Top Properties EBIT Related Terms

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Mountain Top Properties (Mountain Top Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mountain Top Properties Inc (OTCPK:MTPP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

7505 Floyd Ct, Weatherford, TX, USA, 76087

Website

Mountain Top Properties Inc is a diversified holding company that acquires, sells, and operates distressed assets through its wholly-owned subsidiaries and partnerships. The company specializes in property management, REO foreclosure and real estate redevelopment.

Mountain Top Properties (Mountain Top Properties) Headlines

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