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BILL Holdings (BILL Holdings) EBIT : $-94 Mil (TTM As of Dec. 2023)


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What is BILL Holdings EBIT?

BILL Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BILL Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -2.58%. BILL Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -90.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BILL Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.64%.


BILL Holdings EBIT Historical Data

The historical data trend for BILL Holdings'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.

BILL Holdings EBIT Chart

BILL Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial -6.65 -30.81 -111.18 -321.26 -207.71

BILL Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -91.88 -26.40 -10.53 -22.60 -34.00

Competitive Comparison of BILL Holdings's EBIT

For the Software - Application subindustry, BILL Holdings'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.


BILL Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, BILL Holdings's EV-to-EBIT distribution charts can be found below:

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



BILL Holdings 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 $-94 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.


BILL Holdings  (NYSE:BILL) EBIT Explanation

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

BILL Holdings'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 )
=-170.332 * ( 1 - -4.3% )/( (6714.322 + 7042.976)/ 2 )
=-177.656276/6878.649
=-2.58 %

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))
=9620.383 - 259.423 - ( 2646.638 - max(0, 3700.503 - 6682.12+2646.638))
=6714.322

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))
=9872.411 - 277.181 - ( 2552.254 - max(0, 4118.192 - 6956.047+2552.254))
=7042.976

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

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

BILL Holdings'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 )
=-136.008/( ( (151.894 + max(-82.815, 0)) + (150.082 + max(-96.358000000001, 0)) )/ 2 )
=-136.008/( ( 151.894 + 150.082 )/ 2 )
=-136.008/150.988
=-90.08 %

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)
=(24.1 + 0 + 3458.555) - (259.423 + 3283.017 + 23.03)
=-82.815

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.652 + 0 + 3860.161) - (277.181 + 3672.762 + 33.228)
=-96.358000000001

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:

BILL Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-93.54/5719.360
=-1.64 %

* 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.


BILL Holdings EBIT Related Terms

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BILL Holdings (BILL Holdings) Business Description

Traded in Other Exchanges
Address
6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Executives
Rajesh A. Aji officer: General Counsel & CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Loren Padelford officer: CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Germaine Cota officer: SVP, Finance & Accounting 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
John R. Rettig officer: CFO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Rene A. Lacerte director, officer: President and CEO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
David Hornik director, 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Alison Wagonfeld director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Brian Jacobs director
Steven Cakebread director YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
Bora Chung officer: SVP of Products C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303
Blake Thomas Murray officer: CEO, DivvyPay, LLC C/O BILL.COM HOLDINGS, INC., 6220 AMERICA CENTER DRIVE, SUITE 100, SAN JOSE CA 95002
Tina Reich director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Allison Mnookin director C/O INTUIT, 150 CAMBRIDGE PARK DRIVE, CAMBRIDGE MA 02140