Cazoo Group (Cazoo Group) EBIT : $-497 Mil (TTM As of Jun. 2023)

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What is Cazoo Group EBIT?

Cazoo Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $-149 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-497 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cazoo Group's annualized ROC % for the quarter that ended in Jun. 2023 was -64.78%. Cazoo Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -68.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cazoo Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -102.42%.

Cazoo Group EBIT Historical Data

The historical data trend for Cazoo 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.

Cazoo Group EBIT Chart

Cazoo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-22.95

-132.46

-700.52

-575.07

Cazoo Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial			-150.98	-557.37	-230.09	-347.51	-149.30

Competitive Comparison of Cazoo Group's EBIT

For the Auto & Truck Dealerships subindustry, Cazoo 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.

Cazoo Group's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cazoo Group's EV-to-EBIT distribution charts can be found below:

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

Cazoo 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-497 Mil.

Cazoo Group (NYSE:CZOO) EBIT Explanation

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

Cazoo Group's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-341.654 * ( 1 - 0% )	/	( (694.516	+	360.317)	/ 2 )
=	-341.654	/	527.4165
=	-64.78 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	1053.476	-	59.473	-	( 299.487	-	max(0, 416.957	-	731.435	+	299.487	))
=	694.516

	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	))
=	667.1	-	69.684	-	( 245.679	-	max(0, 212.1	-	449.199	+	245.679	))
=	360.317

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Cazoo Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-298.602	/	( ( (294.186 + max(268.317, 0))	+	(188.862 + max(121.921, 0)) )	/	2 )
=	-298.602	/	( ( 562.503	+	310.783 )	/	2 )
=	-298.602	/	436.643
=	-68.39 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(68.525	+	283.27	+	80.153)	-	(59.473	+	23.598	+	80.56)
=	268.317

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(39.229	+	164.292	+	-0.0010000000000332)	-	(69.684	+	0	+	11.915)
=	121.921

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-496.806	/	485.070
	=	-102.42 %

Cazoo Group EBIT Related Terms

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Cazoo Group (Cazoo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cazoo Group Ltd (NYSE:CZOO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 Chalton Street, London, GBR, NW1 1JD

Website

https://www.cazoo.co.uk

Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.