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Lindblad Expeditions Holdings (Lindblad Expeditions Holdings) EBIT : $7.3 Mil (TTM As of Dec. 2023)


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What is Lindblad Expeditions Holdings EBIT?

Lindblad Expeditions Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-13.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $7.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lindblad Expeditions Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -6.98%. Lindblad Expeditions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lindblad Expeditions Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.78%.


Lindblad Expeditions Holdings EBIT Historical Data

The historical data trend for Lindblad Expeditions 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.

Lindblad Expeditions Holdings EBIT Chart

Lindblad Expeditions 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 33.23 -93.25 -96.61 -64.59 7.28

Lindblad Expeditions 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 -15.51 12.79 -12.02 19.94 -13.43

Competitive Comparison of Lindblad Expeditions Holdings's EBIT

For the Travel Services subindustry, Lindblad Expeditions 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.


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

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

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



Lindblad Expeditions 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 $7.3 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.


Lindblad Expeditions Holdings  (NAS:LIND) EBIT Explanation

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

Lindblad Expeditions 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 )
=-55.38 * ( 1 - -6.27% )/( (844.783 + 840.964)/ 2 )
=-58.852326/842.8735
=-6.98 %

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))
=851.605 - 66.701 - ( 168.015 - max(0, 319.033 - 259.154+168.015))
=844.783

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))
=831.297 - 65.055 - ( 156.845 - max(0, 319.224 - 244.502+156.845))
=840.964

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

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

Lindblad Expeditions 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 )
=-53.732/( ( (533.608 + max(-226.13, 0)) + (526.002 + max(-229.597, 0)) )/ 2 )
=-53.732/( ( 533.608 + 526.002 )/ 2 )
=-53.732/529.805
=-10.14 %

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)
=(0 + 9.615 + 81.524) - (66.701 + 250.568 + 0)
=-226.13

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 5.438 + 82.219) - (65.055 + 252.199 + -5.6843418860808E-14)
=-229.597

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=7.28/932.054
=0.78 %

* 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.


Lindblad Expeditions Holdings EBIT Related Terms

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Lindblad Expeditions Holdings (Lindblad Expeditions Holdings) Business Description

Traded in Other Exchanges
Address
96 Morton Street, 9th Floor, New York, NY, USA, 10014
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of nine owned expedition ships and five seasonal charter vessels under the Lindblad brand.
Executives
Alex P Schultz director C/O LINDBLAD EXPEDITIONS HOLDING, INC., 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Smith, Jr. Thomas S. director 2 PENN PLAZA, NEW YORK NY 10121
Fahey John M Jr director C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Catherine B Reynolds director PO BOX 9870, MCLEAN VA 22102
L. Dyson Dryden director 305 WEST PENNSYLVANIA AVENUE, TOWSON MD 21204
Michael Elliott Bisnow director C/O LINDBLAD EXPEDITIONS HOLDING, INC., 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Sven-olof Lindblad director, 10 percent owner 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Bernard W Aronson director
Mark Ein director
Noah Brodsky officer: Chief Commercial Officer C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Dolf A Berle director, officer: CEO 2481 MANANA DRIVE, DALLAS TX 75220
Benjamin Bressler officer: President of Natural Habitat 833 WEST SOUTH BOULDER ROAD, BLDG G, LOUISVILLE CO 80027-2452
Trey Byus officer: Chief Expedition Officer 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
Craig Felenstein officer: Chief Financial Officer 96 MORTON STREET, 9TH FLOOR, NEW YORK NY 10014
David Goodman officer: Chief Commercial and Marketing 1334 YORK AVENUE, NEW YORK X1 10021