Hotel Grand Central (SGX:H18) EBIT : S$24.7 Mil (TTM As of Dec. 2023)

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What is Hotel Grand Central EBIT?

Hotel Grand Central's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$9.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$24.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hotel Grand Central's annualized ROC % for the quarter that ended in Dec. 2023 was 0.27%. Hotel Grand Central's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hotel Grand Central's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.54%.

Hotel Grand Central EBIT Historical Data

The historical data trend for Hotel Grand Central'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.

Hotel Grand Central EBIT Chart

Hotel Grand Central Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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40.77

39.91

20.38

13.40

24.68

Hotel Grand Central Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															7.77	7.70	5.70	15.40	9.28

Competitive Comparison of Hotel Grand Central's EBIT

For the Lodging subindustry, Hotel Grand Central'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.

Hotel Grand Central's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Grand Central's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hotel Grand Central's EV-to-EBIT falls into.

Hotel Grand Central 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 semi-annually data reported by the company within the most recent 12 months, which was S$24.7 Mil.

Hotel Grand Central (SGX:H18) EBIT Explanation

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

Hotel Grand Central'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 )
=	21.812 * ( 1 - 83.97% )	/	( (1287.956	+	1306.856)	/ 2 )
=	3.4964636	/	1297.406
=	0.27 %

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	))
=	1546.96	-	21.042	-	( 292.858	-	max(0, 62.267	-	300.229	+	292.858	))
=	1287.956

	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	))
=	1555.205	-	15.396	-	( 302.221	-	max(0, 81.018	-	313.971	+	302.221	))
=	1306.856

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Hotel Grand Central'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 )
=	18.562	/	( ( (1067.381 + max(-16.428, 0))	+	(1066.705 + max(-13.225, 0)) )	/	2 )
=	18.562	/	( ( 1067.381	+	1066.705 )	/	2 )
=	18.562	/	1067.043
=	1.74 %

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)
=	(5.319	+	0.811	+	1.241)	-	(21.042	+	0	+	2.757)
=	-16.428

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.866	+	0.863	+	3.445)	-	(15.396	+	0	+	7.003)
=	-13.225

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Hotel Grand Central's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	24.676	/	327.459
	=	7.54 %

Hotel Grand Central EBIT Related Terms

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Hotel Grand Central (SGX:H18) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hotel Grand Central Ltd (SGX:H18) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Cavenagh Road, Singapore, SGP, 229617

Website

https://www.grandcentral.com.sg

Hotel Grand Central Ltd is a Singapore-based company that owns and operates hotels and properties. It runs its business under the brand name Grand Hotels International and Hotel Grand Chancellor across Australia and New Zealand. It operates its business in five geographic segments, namely Singapore, Malaysia, Australia, New Zealand, and China. The company earns the majority of its revenue from Australia. The Group's products and services include hotel Operations & Commercial property investments, the majority is derived from Hotel operations.

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