Dividend Sweden AB (NGM:DIV B) EBIT : kr Mil (TTM As of Dec. 2023)

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What is Dividend Sweden AB EBIT?

Dividend Sweden AB's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was kr-3.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dividend Sweden AB's annualized ROC % for the quarter that ended in Dec. 2023 was -3.51%. Dividend Sweden AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.09%.

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

Dividend Sweden AB EBIT Historical Data

The historical data trend for Dividend Sweden AB'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.

Dividend Sweden AB EBIT Chart

Dividend Sweden AB Annual Data

Trend

EBIT

Dividend Sweden AB Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
EBIT	Get a 7-Day Free Trial			-	-3.20	1.90	2.70	-3.30

Competitive Comparison of Dividend Sweden AB's EBIT

For the Asset Management subindustry, Dividend Sweden AB'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.

Dividend Sweden AB's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Sweden AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dividend Sweden AB's EV-to-EBIT falls into.

Dividend Sweden AB 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr Mil.

Dividend Sweden AB (NGM:DIV B) EBIT Explanation

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

Dividend Sweden AB's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-13.2 * ( 1 - 0% )	/	( (745	+	8.1)	/ 2 )
=	-13.2	/	376.55
=	-3.51 %

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	))
=	767	-	14	-	( 8	-	max(0, 82	-	762	+	8	))
=	745

	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	))
=	65.8	-	0	-	( 58	-	max(0, 7.6	-	65.3	+	58	))
=	8.1

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

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

Dividend Sweden AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-13.2	/	( ( (0 + max(646, 0))	+	(0 + max(-2.6, 0)) )	/	2 )
=	-13.2	/	( ( 646	+	0 )	/	2 )
=	-13.2	/	323
=	-4.09 %

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)
=	(71	+	657	+	0)	-	(14	+	0	+	68)
=	646

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5	+	0	+	0)	-	(0	+	0	+	7.6)
=	-2.6

When net working capital is negative, 0 is used.

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

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

Dividend Sweden AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	-44.431
	=	%

Dividend Sweden AB EBIT Related Terms

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Dividend Sweden AB (NGM:DIV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Sweden AB (NGM:DIV B) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 29, Stockholm, SWE, 111 56

Website

https://www.dividendsweden.se

Dividend Sweden AB offers financial advisory services. It invests in other smaller, listed companies and assists with services related to financing solutions, in order to thereby create both short-term and long-term high and stable returns for its shareholders via dividends.

Dividend Sweden AB (NGM:DIV B) Headlines

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