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Everi Holdings (Everi Holdings) EBIT : $179.3 Mil (TTM As of Dec. 2023)


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What is Everi Holdings EBIT?

Everi Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $21.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $179.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Everi Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 4.98%. Everi Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 54.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Everi Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.65%.


Everi Holdings EBIT Historical Data

The historical data trend for Everi 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.

Everi Holdings EBIT Chart

Everi Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.02 -5.42 197.51 213.35 179.28

Everi 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 51.59 52.05 53.27 52.45 21.52

Competitive Comparison of Everi Holdings's EBIT

For the Gambling subindustry, Everi 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.


Everi Holdings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Everi Holdings's EV-to-EBIT distribution charts can be found below:

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



Everi 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 $179.3 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.


Everi Holdings  (NYSE:EVRI) EBIT Explanation

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

Everi 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 )
=86.076 * ( 1 - -1.88% )/( (1599.661 + 1919.781)/ 2 )
=87.6942288/1759.721
=4.98 %

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))
=1864.372 - 200.258 - ( 209.378 - max(0, 615.649 - 680.102+209.378))
=1599.661

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))
=2123.87 - 157.056 - ( 267.215 - max(0, 884.497 - 931.53+267.215))
=1919.781

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

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

Everi 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 )
=86.076/( ( (137.67 + max(-383.241, 0)) + (180.193 + max(-648.955, 0)) )/ 2 )
=86.076/( ( 137.67 + 180.193 )/ 2 )
=86.076/158.9315
=54.16 %

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)
=(95.495 + 73.439 + 58.974) - (200.258 + 0 + 410.891)
=-383.241

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(107.933 + 70.624 + 43.906) - (157.056 + 51.395 + 662.967)
=-648.955

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=179.284/1416.877
=12.65 %

* 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.


Everi Holdings EBIT Related Terms

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Everi Holdings (Everi Holdings) Business Description

Traded in Other Exchanges
Address
7250 South Tenaya Way, Suite 100, Las Vegas, NV, USA, 89113
Everi Holdings Inc provides entertainment and technology solutions for the casino, interactive, and gaming industry. It operates in two segments namely Games and Financial Technology Solutions (FinTech). Enveri Games provides gaming operators with gaming technology products and services which include gaming machines, slot machines, leased gaming equipment, and other products and services. Enveri FinTech provides gaming operators with financial technology products and services which include services and equipment that facilitate casino patron's to access cash at gaming facilities through automated teller machines, point-of-sale debit card purchases and others.
Executives
Randy L Taylor officer: EVP & CFO C/O CITADEL BROADCASTING CORP, CITY CENTER W 7201 W LAKE MEAD BLVD, LAS VEGAS NV 89128
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
Geoffrey P Judge director 3525 EAST POST ROAD, SUITE 200, LAS VEGAS NV 89120
Debra Nutton director 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Todd Valli officer: SVP, CAO 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
David Lucchese officer: EVP 7250 S. TENAYA WAY #100, LAS VEGAS NV 89113
Paul Jr Finch director 2525 HORIZON LAKE DR STE 120, MEMPHIS TN 38133
Ronald V Congemi director 3525 EAST POST ROAD, SUITE 120, LAS VEGAS NV 89120
Darren Simmons officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Dean A Ehrlich officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Linster W Fox director ANACOMP, INC.,, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Eileen F Raney director 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Mark F. Labay officer: EVP, CFO 7250 S TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Kate C. Lowenhar-fisher officer: EVP, Chief Legal Officer 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113