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Lifestyle Communities (ASX:LIC) EBIT : A$114.5 Mil (TTM As of Dec. 2023)


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What is Lifestyle Communities EBIT?

Lifestyle Communities's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$31.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$114.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lifestyle Communities's annualized ROC % for the quarter that ended in Dec. 2023 was 0.08%. Lifestyle Communities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 79.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lifestyle Communities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.84%.


Lifestyle Communities EBIT Historical Data

The historical data trend for Lifestyle Communities'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.

Lifestyle Communities EBIT Chart

Lifestyle Communities Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.07 62.48 132.02 128.63 120.14

Lifestyle Communities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 39.97 88.65 37.47 82.67 31.79

Competitive Comparison of Lifestyle Communities's EBIT

For the Real Estate - Diversified subindustry, Lifestyle Communities'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.


Lifestyle Communities's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lifestyle Communities's EV-to-EBIT distribution charts can be found below:

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



Lifestyle Communities 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 semi-annually data reported by the company within the most recent 12 months, which was A$114.5 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.


Lifestyle Communities  (ASX:LIC) EBIT Explanation

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

Lifestyle Communities'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1.458 * ( 1 - 29.89% )/( (1128.204 + 1287.267)/ 2 )
=1.0222038/1207.7355
=0.08 %

where

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))
=1440.701 - 151.595 - ( 1.839 - max(0, 153.804 - 182.144+1.839))
=1287.267

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Lifestyle Communities'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=63.576/( ( (24.234 + max(77.651, 0)) + (30.181 + max(27.442, 0)) )/ 2 )
=63.576/( ( 101.885 + 57.623 )/ 2 )
=63.576/79.754
=79.72 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 136.833 + 5.099) - (62.002 + 1.02 + 1.259)
=77.651

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.402 + 162.465 + 16.438) - (151.595 + 0 + 1.268)
=27.442

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Lifestyle Communities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=114.461/1960.688
=5.84 %

* 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.


Lifestyle Communities EBIT Related Terms

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Lifestyle Communities (ASX:LIC) Business Description

Traded in Other Exchanges
Address
101 Moray Street, Level 5, South Melbourne, Melbourne, VIC, AUS, 3205
Lifestyle Communities Ltd is an Australia-based company engaged in developing and managing communities. The firm offers independent living residential land lease communities for senior citizens; as well as home designs, resort lifestyle homes with various sports and entertainment facilities.

Lifestyle Communities (ASX:LIC) Headlines

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