GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Qualitas Real Estate Income Fund (ASX:QRI) » Definitions » EBIT

Qualitas Real Estateome Fund (ASX:QRI) EBIT : A$-13.24 Mil (TTM As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Qualitas Real Estateome Fund EBIT?

Qualitas Real Estateome Fund's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-6.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-13.24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qualitas Real Estateome Fund's annualized ROC % for the quarter that ended in Dec. 2024 was -1.94%. Qualitas Real Estateome Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Qualitas Real Estateome Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1.38%.


Qualitas Real Estateome Fund EBIT Historical Data

The historical data trend for Qualitas Real Estateome Fund'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.

Qualitas Real Estateome Fund EBIT Chart

Qualitas Real Estateome Fund Annual Data
Trend Jun18 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial -4.80 -6.88 -9.89 -10.89 -12.18

Qualitas Real Estateome Fund Semi-Annual Data
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 -5.51 -5.39 -5.78 -6.39 -6.84

Competitive Comparison of Qualitas Real Estateome Fund's EBIT

For the Asset Management subindustry, Qualitas Real Estateome Fund'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.


Qualitas Real Estateome Fund's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Qualitas Real Estateome Fund's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Qualitas Real Estateome Fund's EV-to-EBIT falls into.


;
;

Qualitas Real Estateome Fund 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$-13.24 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.


Qualitas Real Estateome Fund  (ASX:QRI) EBIT Explanation

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

Qualitas Real Estateome Fund'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 )
=-13.682 * ( 1 - 0% )/( (664.883 + 744.018)/ 2 )
=-13.682/704.4505
=-1.94 %

where

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:

Qualitas Real Estateome Fund'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 )
=-13.682/( ( (0 + max(-0.855, 0)) + (0 + max(741.509, 0)) )/ 2 )
=-13.682/( ( 0 + 741.509 )/ 2 )
=-13.682/370.7545
=-3.69 %

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)
=(6.523 + 0 + -3.5527136788005E-15) - (7.378 + 0 + 0)
=-0.855

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.694 + 0 + 742.748) - (5.424 + 0 + 2.509)
=741.509

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:

Qualitas Real Estateome Fund's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-13.235/959.296
=-1.38 %

* 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.


Qualitas Real Estateome Fund EBIT Related Terms

Thank you for viewing the detailed overview of Qualitas Real Estateome Fund's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualitas Real Estateome Fund Business Description

Traded in Other Exchanges
N/A
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Qualitas Real Estate Income Fund is a real estate investment management firm that seeks to invest the Trust's capital in a portfolio of investments that provide unitholders with exposure to real estate loans secured by first and second mortgages, predominantly located in Australia.

Qualitas Real Estateome Fund Headlines

No Headlines