Cash Converters International (ASX:CCV) EBIT : A$46.4 Mil (TTM As of Dec. 2024)

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What is Cash Converters International EBIT?

Cash Converters International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$24.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$46.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cash Converters International's annualized ROC % for the quarter that ended in Dec. 2024 was 10.00%. Cash Converters International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 30.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cash Converters International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 15.30%.

Cash Converters International EBIT Historical Data

The historical data trend for Cash Converters International'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.

Cash Converters International EBIT Chart

Cash Converters International Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-4.92

24.28

22.36

-80.26

43.55

Cash Converters International Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															-98.12	17.86	21.75	21.81	24.55

Competitive Comparison of Cash Converters International's EBIT

For the Specialty Retail subindustry, Cash Converters International'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.

Cash Converters International's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cash Converters International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cash Converters International's EV-to-EBIT falls into.

Cash Converters International 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$46.4 Mil.

Cash Converters International (ASX:CCV) EBIT Explanation

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

Cash Converters International's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	54.022 * ( 1 - 27.69% )	/	( (394.5	+	386.878)	/ 2 )
=	39.0633082	/	390.689
=	10.00 %

where

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	478.038	-	27.249	-	( 56.289	-	max(0, 155.657	-	278.474	+	56.289	))
=	394.5

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	466.848	-	22.645	-	( 57.325	-	max(0, 145.434	-	276.51	+	57.325	))
=	386.878

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

Cash Converters International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	49.092	/	( ( (67.652 + max(-5.022, 0))	+	(66.375 + max(184.102, 0)) )	/	2 )
=	49.092	/	( ( 67.652	+	250.477 )	/	2 )
=	49.092	/	159.0645
=	30.86 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.15	+	33.036	+	3.948)	-	(27.249	+	3.92	+	11.987)
=	-5.022

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.363	+	34.802	+	182.181)	-	(22.645	+	0	+	12.599)
=	184.102

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

Cash Converters International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	46.352	/	303.026
	=	15.30 %

Cash Converters International EBIT Related Terms

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Cash Converters International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cash Converters International Ltd (ASX:CCV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 St Georges Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.cashconverters.com

Cash Converters International Ltd is a franchised retail network that specializes in the sale of second-hand goods. It operates through business segments: Store Operations segment, which is the key revenue driver, involves the retail sale of new and second-hand goods, cash advance, and pawnbroking operations; Personal Finance segment comprises the Cash Converters Personal Finance personal loans business; The vehicle Financing segment comprises Green Light Auto Group, which provides motor vehicle finance; the New Zealand Segment; and the United Kingdom. The company generates the majority of its revenue from the Store Operations segment.