Global Health (ASX:GLH) EBIT : A$-6.09 Mil (TTM As of Dec. 2023)

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What is Global Health EBIT?

Global Health's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-1.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-6.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Health's annualized ROC % for the quarter that ended in Dec. 2023 was -62.42%. Global Health's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -26,850.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Health's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -106.47%.

Global Health EBIT Historical Data

The historical data trend for Global Health'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.

Global Health EBIT Chart

Global Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-0.83

-0.15

-0.57

-1.98

-7.63

Global Health 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															-1.34	-0.64	-2.62	-5.01	-1.07

Competitive Comparison of Global Health's EBIT

For the Health Information Services subindustry, Global Health'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.

Global Health's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Health's EV-to-EBIT distribution charts can be found below:

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

Global Health 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 A$-6.09 Mil.

Global Health (ASX:GLH) EBIT Explanation

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

Global Health'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 )
=	-2.152 * ( 1 - 0% )	/	( (3.381	+	3.514)	/ 2 )
=	-2.152	/	3.4475
=	-62.42 %

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	))
=	3.12	-	1.321	-	( 2.244	-	max(0, 4.693	-	3.111	+	2.244	))
=	3.381

	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	))
=	1.947	-	0.928	-	( 1.4	-	max(0, 4.435	-	1.94	+	1.4	))
=	3.514

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:

Global Health'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 )
=	-2.148	/	( ( (0.009 + max(-3.808, 0))	+	(0.007 + max(-3.705, 0)) )	/	2 )
=	-2.148	/	( ( 0.009	+	0.007 )	/	2 )
=	-2.148	/	0.008
=	-26,850.00 %

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)
=	(0.677	+	0	+	0.163)	-	(1.321	+	0	+	3.327)
=	-3.808

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.287	+	0	+	0.253)	-	(0.928	+	0	+	3.317)
=	-3.705

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:

Global Health's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-6.088	/	5.718
	=	-106.47 %

Global Health EBIT Related Terms

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Global Health (ASX:GLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Health Ltd (ASX:GLH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

696 Bourke Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.global-health.com

Global Health Ltd is engaged in developing, selling, and supporting application software for the healthcare sector in Australia. It operates in a single segment, being the computer technology, software, and services industry. It provides mental health software for psychologists and psychiatrists; integrated software solutions for various areas of community health and human services, including drug and alcohol, disability, dental, and community rehabilitation; and digital software for healthcare communities.

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