SIV Capital (ASX:SIV) EBIT

: A$-0.67 Mil (TTM As of Dec. 2023)

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SIV Capital's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-0.23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SIV Capital's annualized ROC % for the quarter that ended in Dec. 2023 was -209.61%. SIV Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -190.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SIV Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 82.39%.

SIV Capital EBIT Historical Data

The historical data trend for SIV Capital'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.

SIV Capital Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

-10.02

1.83

-1.90

-0.70

-0.33

SIV Capital Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT																-0.23	-0.47	0.11	-0.44	-0.23

Competitive Comparison

For the Rental & Leasing Services subindustry, SIV Capital'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.

SIV Capital EV-to-EBIT Distribution

For the Business Services industry and Industrials sector, SIV Capital's EV-to-EBIT distribution charts can be found below:

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

SIV Capital 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$-0.67 Mil.

SIV Capital (ASX:SIV) EBIT Explanation

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

SIV Capital'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 )
=	-0.458 * ( 1 - 0% )	/	( (0.206	+	0.231)	/ 2 )
=	-0.458	/	0.2185
=	-209.61 %

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	))
=	8.07	-	0.107	-	( 7.757	-	max(0, 0.129	-	8.07	+	7.757	))
=	0.206

	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	))
=	7.988	-	0.06	-	( 7.697	-	max(0, 0.078	-	7.988	+	7.697	))
=	0.231

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:

SIV Capital'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 )
=	-0.458	/	( ( (0 + max(0.212, 0))	+	(0 + max(0.268, 0)) )	/	2 )
=	-0.458	/	( ( 0.212	+	0.268 )	/	2 )
=	-0.458	/	0.24
=	-190.83 %

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)
=	(0.057	+	0	+	0.262)	-	(0.107	+	0	+	0)
=	0.212

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.319	+	0	+	0.0090000000000003)	-	(0.06	+	0	+	0)
=	0.268

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:

SIV Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.669	/	-0.812
	=	82.39 %

SIV Capital EBIT Related Terms

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SIV Capital (ASX:SIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SIV Capital Ltd (ASX:SIV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Kurilpa Street, West End, Brisbane, QLD, AUS, 4101

Website

https://www.sivcapital.com.au

SIV Capital Ltd is an Australia-based company that provides commercial equipment rental and financing solutions to small and medium-sized businesses in hospitality and other industries. It operates in a single segment that is GoGetta through which its renting business is operated. All of its revenues are generated in Australia in the form of Rental Income, lease Interest, and Interest Income.

SIV Capital (ASX:SIV) Headlines

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