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ZAIS Group Holdings (ZAIS Group Holdings) EBIT : $-5.57 Mil (TTM As of Mar. 2018)


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What is ZAIS Group Holdings EBIT?

ZAIS Group Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2018 was $-3.99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2018 was $-5.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ZAIS Group Holdings's annualized ROC % for the quarter that ended in Mar. 2018 was -11.85%. ZAIS Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -1,542.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ZAIS Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -9.18%.


ZAIS Group Holdings EBIT Historical Data

The historical data trend for ZAIS Group 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.

ZAIS Group Holdings EBIT Chart

ZAIS Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial 81.58 136.91 -21.53 -12.23 -8.72

ZAIS Group Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 -7.14 -2.12 -0.24 0.79 -3.99

Competitive Comparison of ZAIS Group Holdings's EBIT

For the Asset Management subindustry, ZAIS Group 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.


ZAIS Group Holdings's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ZAIS Group Holdings's EV-to-EBIT distribution charts can be found below:

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



ZAIS Group 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 Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.57 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.


ZAIS Group Holdings  (NAS:ZAIS) EBIT Explanation

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

ZAIS Group Holdings's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

ROC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=-15.96 * ( 1 - -0.14% )/( (135.889 + 133.926)/ 2 )
=-15.982344/134.9075
=-11.85 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2018) data.

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

ZAIS Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.96/( ( (0.278 + max(-1.594, 0)) + (1.791 + max(-4.662, 0)) )/ 2 )
=-15.96/( ( 0.278 + 1.791 )/ 2 )
=-15.96/1.0345
=-1,542.77 %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.863 + 0 + 0.967) - (2.202 + 0 + 9.222)
=-1.594

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.235 + 0 + 2.427)
=-4.662

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2018 )
=-5.565/60.610
=-9.18 %

* 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.


ZAIS Group Holdings EBIT Related Terms

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ZAIS Group Holdings (ZAIS Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
ZAIS Group Holdings Inc is an asset management enterprise based in the United States. ZAIS Group provides investment advisory and asset management services to private funds, separately managed accounts and structured vehicles. invest in a range of specialized credit instruments, including mortgage loans, bank loans, corporate credit instruments, such as collateralized debt obligations (CDOs) and collateralized loan obligations, and various securities and instruments backed by these asset classes. The group also serves as the general partner to certain ZAIS Managed Entities.
Executives
Paul B Guenther director C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Nisha Motani officer: CFO & Chief Acctg. Ofc. C/O ZAIS FINANCIAL CORP., TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
James Zinn director TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
Denise Crowley officer: See Remarks TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
Christian Zugel director, officer: Chief Investmt Officer & Chmn TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Michael Szymanski director, officer: CEO & President C/O ZAIS FINANCIAL CORP., TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
Donna Blank officer: Chief Financial Officer AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Robert H Zerbst director 515 SOUTH FLOWER STREET, SUITE 3100, LOS ANGELES CA 90071
Oscar Junquera director C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Paul Mcdade officer: Chief Financial Officer TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701