CL8 Holdings (ASX:CL8) EBIT: A$-3.43 Mil (TTM As of Dec. 2024)

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What is CL8 Holdings EBIT?

CL8 Holdings ASX:CL8 EBIT is A$-3.43 Mil as of Dec. 2024.

CL8 Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-1.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CL8 Holdings's annualized ROC % for the quarter that ended in Dec. 2024 was -32.28%. CL8 Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -50.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CL8 Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -25.05%.

CL8 Holdings  (ASX:CL8) EBIT Explanation

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

CL8 Holdings'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 )
=-4.13 * ( 1 - 0% )/( (18.361 + 7.23)/ 2 )
=-4.13/12.7955
=-32.28 %

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))
=9.482 - 1.004 - ( 1.315 - max(0, 11.56 - 1.677+1.315))
=18.361

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))
=7.351 - 11.541 - ( 0.5 - max(0, 12.129 - 0.709+0.5))
=7.23

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:

CL8 Holdings'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 )
=-3.55/( ( (7.592 + max(-0.843, 0)) + (6.427 + max(-11.519, 0)) )/ 2 )
=-3.55/( ( 7.592 + 6.427 )/ 2 )
=-3.55/7.0095
=-50.65 %

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)
=(0.057 + 0 + 0.324) - (1.004 + 0.002 + 0.218)
=-0.843

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.166 + 0 + 0.043) - (11.541 + 0 + 0.187)
=-11.519

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:

CL8 Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-3.433/13.706
=-25.05 %

* 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.

CL8 Holdings EBIT Related Terms

CL8 Holdings EBIT Historical Data

* Premium members only.

The historical data trend for CL8 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.

CL8 Holdings EBIT Chart

CL8 Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.36 -3.33 -3.18 -3.16 -3.57

CL8 Holdings 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 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 -1.62 -1.54 -1.91 -1.66 -1.78

ASX:CL8 vs URI, AER, FTAI: EBIT Comparison

For the Rental & Leasing Services subindustry, CL8 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.

CL8 Holdings EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, CL8 Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CL8 Holdings's EV-to-EBIT falls into.


CL8 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.43 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-3.43 Mil mean?
CL8 Holdings (ASX:CL8) has a EBIT of A$-3.43 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CL8 Holdings.
Is CL8 Holdings' EBIT too high?
CL8 Holdings' current EBIT is A$-3.43 Mil.
How does CL8 Holdings' EBIT compare to URI and AER?
CL8 Holdings' EBIT of A$-3.43 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Business Services company?
A good EBIT depends on the Business Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CL8 Holdings. CL8 Holdings's current EBIT is A$-3.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CL8 Holdings stock overvalued right now?
CL8 Holdings (ASX:CL8) has a current EBIT of A$-3.43 Mil. The current EBIT is A$-3.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CL8 Holdings (ASX:CL8), the current EBIT is A$-3.43 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CL8 Holdings Business Description

Address 189 Kent Street, Suite 2, Level 3, Sydney, NSW, AUS, 2000
CL8 Holdings Ltd operates is an Australian online technology company engaged in the business of car subscription industry in Australia and New Zealand.