Lions Gate Entertainment (Lions Gate Entertainment) EBIT : $-884 Mil (TTM As of Dec. 2023)

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What is Lions Gate Entertainment EBIT?

Lions Gate Entertainment's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-884 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lions Gate Entertainment's annualized ROC % for the quarter that ended in Dec. 2023 was 4.20%. Lions Gate Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -49.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lions Gate Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.23%.

Lions Gate Entertainment EBIT Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment EBIT Chart

Lions Gate Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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-109.20

-11.80

164.10

-1.00

-1,776.30

Lions Gate Entertainment 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															74.10	-15.00	0.30	-826.10	-43.10

Competitive Comparison of Lions Gate Entertainment's EBIT

For the Entertainment subindustry, Lions Gate Entertainment'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.

Lions Gate Entertainment's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lions Gate Entertainment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lions Gate Entertainment's EV-to-EBIT falls into.

Lions Gate Entertainment 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 $-884 Mil.

Lions Gate Entertainment (NYSE:LGF.A) EBIT Explanation

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

Lions Gate Entertainment'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 )
=	304.8 * ( 1 - -4.58% )	/	( (7276	+	7887.2)	/ 2 )
=	318.75984	/	7581.6
=	4.20 %

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	))
=	6179.4	-	738.7	-	( 223.6	-	max(0, 2821.8	-	986.5	+	223.6	))
=	7276

	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	))
=	7154.7	-	913.7	-	( 283	-	max(0, 3171.8	-	1525.6	+	283	))
=	7887.2

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

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

Lions Gate Entertainment'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 )
=	-172.4	/	( ( (237.8 + max(-974.1, 0))	+	(460.2 + max(-890.9, 0)) )	/	2 )
=	-172.4	/	( ( 237.8	+	460.2 )	/	2 )
=	-172.4	/	349
=	-49.40 %

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)
=	(457.1	+	0	+	84.1)	-	(738.7	+	221.4	+	555.2)
=	-974.1

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(810.2	+	0	+	101.8)	-	(913.7	+	266.5	+	622.7)
=	-890.9

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:

Lions Gate Entertainment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-883.9	/	6210.020
	=	-14.23 %

Lions Gate Entertainment EBIT Related Terms

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Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (NYSE:LGF.A) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LGF.B:USA LGNA:Germany LGNA:Germany

Address

250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8

Website

https://www.lionsgate.com

Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

Executives

Harkey John D Jr	director	305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey	officer: General Counsel	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan	director, other: Chairman of the Board	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn	director	12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D.	officer: General Counsel	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez	director	C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Rachesky Mark H Md	director, 10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Brian Goldsmith	officer: Chief Operating Officer	LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc	10 percent owner	40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp	10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Gordon Crawford	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Arthur Evrensel	director	C/O 2200-1055 WEST HASTINGS STREET, VANCOUVER A1 V6E 2E9
Jon Feltheimer	director, officer: Chief Executive Officer	2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404