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Cruzeiro do Sul Educacional (BSP:CSED3) EBIT : R$453 Mil (TTM As of Dec. 2023)


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What is Cruzeiro do Sul Educacional EBIT?

Cruzeiro do Sul Educacional's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$453 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cruzeiro do Sul Educacional's annualized ROC % for the quarter that ended in Dec. 2023 was 4.97%. Cruzeiro do Sul Educacional's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 20.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cruzeiro do Sul Educacional's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.95%.


Cruzeiro do Sul Educacional EBIT Historical Data

The historical data trend for Cruzeiro do Sul Educacional'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.

Cruzeiro do Sul Educacional EBIT Chart

Cruzeiro do Sul Educacional Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
187.81 340.04 399.61 489.03

Cruzeiro do Sul Educacional Quarterly Data
Mar19 Jun19 Sep19 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 72.63 98.05 129.86 136.02 89.01

Competitive Comparison of Cruzeiro do Sul Educacional's EBIT

For the Education & Training Services subindustry, Cruzeiro do Sul Educacional'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.


Cruzeiro do Sul Educacional's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cruzeiro do Sul Educacional's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cruzeiro do Sul Educacional's EV-to-EBIT falls into.



Cruzeiro do Sul Educacional 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 R$453 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.


Cruzeiro do Sul Educacional  (BSP:CSED3) EBIT Explanation

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

Cruzeiro do Sul Educacional'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 )
=283.52 * ( 1 - 23.2% )/( (4449.042 + 4304.704)/ 2 )
=217.74336/4376.873
=4.97 %

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))
=4726.869 - 162.849 - ( 714.8 - max(0, 933.379 - 1048.357+714.8))
=4449.042

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))
=4515.809 - 145.636 - ( 522.915 - max(0, 796.404 - 861.873+522.915))
=4304.704

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

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

Cruzeiro do Sul Educacional'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 )
=356.036/( ( (1722.468 + max(-308.766, 0)) + (1713.034 + max(-193.051, 0)) )/ 2 )
=356.036/( ( 1722.468 + 1713.034 )/ 2 )
=356.036/1717.751
=20.73 %

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)
=(250.444 + 0 + 32.025) - (162.849 + 0 + 428.386)
=-308.766

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(261.128 + 0 + 36.367) - (145.636 + 0 + 344.91)
=-193.051

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:

Cruzeiro do Sul Educacional's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=452.935/3247.257
=13.95 %

* 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.


Cruzeiro do Sul Educacional EBIT Related Terms

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Cruzeiro do Sul Educacional (BSP:CSED3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Cesario Galeno, 448/475 - Tatuape, Sao Paulo, SP, BRA, 03071-000
Cruzeiro do Sul Educacional SA is engaged in the business of providing education services. It provides higher education, graduate programs, postgraduate courses, childhood education, and technical education.

Cruzeiro do Sul Educacional (BSP:CSED3) Headlines

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