AIP Realty Trust (TSXV:AIP.U) EBIT : $-2.52 Mil (TTM As of Dec. 2023)

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What is AIP Realty Trust EBIT?

AIP Realty Trust's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AIP Realty Trust's annualized ROC % for the quarter that ended in Dec. 2023 was -40.28%. AIP Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AIP Realty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -46.95%.

AIP Realty Trust EBIT Historical Data

The historical data trend for AIP Realty Trust'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.

AIP Realty Trust EBIT Chart

AIP Realty Trust Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.31

-4.46

-2.52

AIP Realty Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial							-2.03	-0.68	-0.73	-0.58	-0.53

Competitive Comparison of AIP Realty Trust's EBIT

For the REIT - Industrial subindustry, AIP Realty Trust'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.

AIP Realty Trust's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where AIP Realty Trust's EV-to-EBIT falls into.

AIP Realty Trust 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 $-2.52 Mil.

AIP Realty Trust (TSXV:AIP.U) EBIT Explanation

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

AIP Realty Trust'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-2.396 * ( 1 - 0% )	/	( (5.904	+	5.993)	/ 2 )
=	-2.396	/	5.9485
=	-40.28 %

where

	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	))
=	5.983	-	3.987	-	( 0.161	-	max(0, 4.091	-	0.183	+	0.161	))
=	5.904

	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	))
=	6.054	-	4.636	-	( 0.119	-	max(0, 4.757	-	0.182	+	0.119	))
=	5.993

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

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

AIP Realty Trust'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.104	/	( ( (0 + max(-3.972, 0))	+	(0 + max(-4.634, 0)) )	/	2 )
=	-2.104	/	( ( 0	+	0 )	/	2 )
=	-2.104	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.005	+	0	+	0.015)	-	(3.987	+	0.005	+	0)
=	-3.972

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(4.636	+	0.005	+	0)
=	-4.634

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:

AIP Realty Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-2.517	/	5.361
	=	-46.95 %

AIP Realty Trust EBIT Related Terms

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AIP Realty Trust (TSXV:AIP.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AIP Realty Trust (TSXV:AIP.U) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 West Georgia Street, Suite 2200, HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.aiprealtytrust.com

AIP Realty Trust is a real estate investment trust with a growing portfolio of new light industrial flex facilities distinctly designed to address the long-overlooked needs of small businesses and the trades and services sectors in high-growth markets in the U.S.

AIP Realty Trust (TSXV:AIP.U) Headlines

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