GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » LumX Group Ltd (XSWX:LUMX) » Definitions » EBIT

LumX Group (XSWX:LUMX) EBIT : CHF-9.50 Mil (TTM As of Dec. 2019)


View and export this data going back to 2007. Start your Free Trial

What is LumX Group EBIT?

LumX Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2019 was CHF-7.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was CHF-9.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LumX Group's annualized ROC % for the quarter that ended in Dec. 2019 was -11.58%. LumX Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -683.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. LumX Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -467.57%.


LumX Group EBIT Historical Data

The historical data trend for LumX Group'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.

LumX Group EBIT Chart

LumX Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.69 -7.30 -7.24 -8.64 -9.49

LumX Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.61 -4.56 -4.07 -2.31 -7.19

Competitive Comparison of LumX Group's EBIT

For the Asset Management subindustry, LumX Group'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.


LumX Group's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where LumX Group's EV-to-EBIT falls into.



LumX Group 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-9.50 Mil.

* 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.


LumX Group  (XSWX:LUMX) EBIT Explanation

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

LumX Group's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-3.478 * ( 1 - -13.19% )/( (36.466 + 31.503)/ 2 )
=-3.9367482/33.9845
=-11.58 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2019) data.

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

LumX Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.386/( ( (2.374 + max(-3.803, 0)) + (1.835 + max(-3.5, 0)) )/ 2 )
=-14.386/( ( 2.374 + 1.835 )/ 2 )
=-14.386/2.1045
=-683.58 %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.65 + 0 + 1.058) - (3.914 + 0 + 2.597)
=-3.803

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.08 + 0 + 1.615) - (3.179 + 0 + 3.016)
=-3.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2019) EBIT data.

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

LumX Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=-9.501/2.032
=-467.57 %

* 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.


LumX Group EBIT Related Terms

Thank you for viewing the detailed overview of LumX Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


LumX Group (XSWX:LUMX) Business Description

Traded in Other Exchanges
N/A
Address
Martello Court, Admiral Park, Saint Peter Port, GGY, GY1 3HB
LumX Group Ltd is a holding company, which engages in the provision of investment, risk management, and structuring solutions to a primarily institutional client base. The company offers a full suite of products and services focused on alternative investments, multi-asset portfolio management, and risk management services. It operates through the following geographic areas: Europe, Asia Pacific, the Cayman Islands, North America, and the British Virgin Islands.

LumX Group (XSWX:LUMX) Headlines

No Headlines