Party City Holdco (Party City Holdco) EBIT : $-156 Mil (TTM As of Sep. 2022)

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What is Party City Holdco EBIT?

Party City Holdco's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-151 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-156 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Party City Holdco's annualized ROC % for the quarter that ended in Sep. 2022 was -6.75%. Party City Holdco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -40.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Party City Holdco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -6.12%.

Party City Holdco EBIT Historical Data

The historical data trend for Party City Holdco'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.

Party City Holdco EBIT Chart

Party City Holdco Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

Get a 7-Day Free Trial

275.51

267.30

-419.26

-608.07

86.35

Party City Holdco Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial															21.50	2.09	-19.85	12.47	-151.20

Competitive Comparison of Party City Holdco's EBIT

For the Specialty Retail subindustry, Party City Holdco'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.

Party City Holdco's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Party City Holdco's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Party City Holdco's EV-to-EBIT falls into.

Party City Holdco 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-156 Mil.

Party City Holdco (OTCPK:PRTYQ) EBIT Explanation

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

Party City Holdco's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-82.112 * ( 1 - -109.4% )	/	( (2597.814	+	2493.849)	/ 2 )
=	-171.942528	/	2545.8315
=	-6.75 %

where

	Invested Capital		(Q: Jun. 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	))
=	3103.694	-	466.643	-	( 39.237	-	max(0, 816.29	-	1050.777	+	39.237	))
=	2597.814

	Invested Capital		(Q: Sep. 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	))
=	2869.248	-	384.697	-	( 29.81	-	max(0, 951.214	-	941.916	+	29.81	))
=	2493.849

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Party City Holdco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-604.78	/	( ( (957.052 + max(543.398, 0))	+	(964.752 + max(526.3, 0)) )	/	2 )
=	-604.78	/	( ( 1500.45	+	1491.052 )	/	2 )
=	-604.78	/	1495.751
=	-40.43 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(93.445	+	676.731	+	239.865)	-	(466.643	+	0	+	0)
=	543.398

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(106.052	+	745.697	+	59.248)	-	(384.697	+	0	+	0)
=	526.3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Party City Holdco's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-156.487	/	2555.280
	=	-6.12 %

Party City Holdco EBIT Related Terms

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Party City Holdco (Party City Holdco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Party City Holdco Inc (OTCPK:PRTYQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Grasslands Road, Elmsford, NY, USA, 10523

Website

https://www.partycity.com

Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the us, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.

Executives

Clifford Sosin	10 percent owner	8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
John Capela	officer: See Remarks	779 HIGHLAND AVENUE, PARAMUS NJ 07652
Peter Royer Smith	officer: Chief Operations Officer	3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
De Mesa Graziano Cheryl	officer: Chief Accounting Officer	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Steven J Collins	director	29 VINTON STREET, #5, BOSTON MA 02127
William S. Creekmuir	director	SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
John Frascotti	director	C/O HASBRO, INC. 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Shroff Michelle Millstone	director	C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
James M Harrison	director	GOLDMAN, SACHS & CO., 85 BROAD ST, NEW YORK NY 10004
Reginald Rasch	officer: See Remarks	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sean Thompson	officer: See Remarks	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sarah Dodds-brown	director	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Jennifer Fleiss	director	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Joel Alsfine	director	2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Norman S Matthews	director	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022