Rision (ASX:RNL) EBIT: A$-0.43 Mil (TTM As of Dec. 2019)


What is Rision EBIT?

Rision ASX:RNL EBIT is A$-0.43 Mil as of Dec. 2019. The stock has 4 warning signs investors should review.

Rision's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2019 was A$-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was A$-0.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rision's annualized ROC % for the quarter that ended in Dec. 2019 was -52.57%. Rision's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rision's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -11.73%.

Rision  (ASX:RNL) EBIT Explanation

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

Rision's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-0.42 * ( 1 - 0% )/( (0.69 + 0.908)/ 2 )
=-0.42/0.799
=-52.57 %

where

Invested Capital(Q: Jun. 2019 )
=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))
=0.079 - 0.438 - ( 0.057 - max(0, 1.128 - 0.079+0.057))
=0.69

Invested Capital(Q: Dec. 2019 )
=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))
=0.151 - 0.501 - ( 0.092 - max(0, 1.409 - 0.151+0.092))
=0.908

Note: The Operating Income data used here is two times the semi-annual (Dec. 2019) data.

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

Rision's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.42/( ( (0 + max(-0.438, 0)) + (0 + max(-0.442, 0)) )/ 2 )
=-0.42/( ( 0 + 0 )/ 2 )
=-0.42/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.438 + 0 + 0)
=-0.438

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.035 + 0 + 0.024) - (0.501 + 0 + 0)
=-0.442

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=-0.432/3.683
=-11.73 %

* 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.

Rision EBIT Related Terms

Rision EBIT Historical Data

* Premium members only.

The historical data trend for Rision'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.

Rision EBIT Chart

Rision Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.68 -4.19 -3.35 -2.45 -0.44

Rision Semi-Annual Data
Dec09 Jun10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 -1.09 -1.36 -0.22 -0.22 -0.21

ASX:RNL vs IGEN, IGMB, MCCX: EBIT Comparison

For the Software - Application subindustry, Rision'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.

Rision EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Rision's EV-to-EBIT distribution charts can be found below:

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


Rision 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.43 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$-0.43 Mil mean?
Rision (ASX:RNL) has a EBIT of A$-0.43 Mil as of Dec. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rision.
Is Rision's EBIT too high?
Rision's current EBIT is A$-0.43 Mil.
How does Rision's EBIT compare to IGEN and IGMB?
Rision's EBIT of A$-0.43 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Rision. Rision's current EBIT is A$-0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rision stock overvalued right now?
Rision (ASX:RNL) has a current EBIT of A$-0.43 Mil. The current EBIT is A$-0.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rision (ASX:RNL), the current EBIT is A$-0.43 Mil as of Dec. 2019. 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.

Rision Business Description

Address 44 St Georges Terrace, Level 24, Balwyn, Perth, WA, AUS, 6000
Rision Ltd is an Australia-based cloud-based software as a service (SaaS) provider. It has developed a platform that enables candidates to find and manage their work, and businesses to identify, employ and roster staff, and manage timesheets. It is focused on providing cloud-based human resourcing solutions for organizations that manage contingent workers and their employees. The company's platform is designed for use by job seekers, businesses and their employees, and human resources professionals.