Summerset Group Holdings (ASX:SNZ) EBIT : A$415.7 Mil (TTM As of Dec. 2023)

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What is Summerset Group Holdings EBIT?

Summerset Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$287.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$415.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Summerset Group Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -0.05%. Summerset Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 165.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Summerset Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.40%.

Summerset Group Holdings EBIT Historical Data

The historical data trend for Summerset Group 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.

* Premium members only.

Summerset Group Holdings EBIT Chart

Summerset Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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180.68

221.11

526.56

265.07

417.85

Summerset Group Holdings 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															269.58	128.55	131.18	128.62	287.04

Competitive Comparison of Summerset Group Holdings's EBIT

For the Medical Care Facilities subindustry, Summerset Group 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.

Summerset Group Holdings's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Summerset Group Holdings's EV-to-EBIT distribution charts can be found below:

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

Summerset Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$415.7 Mil.

Summerset Group Holdings (ASX:SNZ) EBIT Explanation

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

Summerset Group Holdings'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 )
=	-2.908 * ( 1 - -3.02% )	/	( (5810.978	+	6555.856)	/ 2 )
=	-2.9958216	/	6183.417
=	-0.05 %

where

	Invested Capital		(Q: Jun. 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	))
=	5757.085	-	154.755	-	( 31.961	-	max(0, 342.421	-	133.773	+	31.961	))
=	5810.978

	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	))
=	6453.56	-	160.528	-	( 13.224	-	max(0, 377.047	-	114.223	+	13.224	))
=	6555.856

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:

Summerset Group Holdings'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 )
=	574.078	/	( ( (318.185 + max(-240.609, 0))	+	(374.893 + max(-295.023, 0)) )	/	2 )
=	574.078	/	( ( 318.185	+	374.893 )	/	2 )
=	574.078	/	346.539
=	165.66 %

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)
=	(37.062	+	0	+	64.75)	-	(154.755	+	0	+	187.666)
=	-240.609

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.013	+	0	+	77.011)	-	(160.528	+	172.469	+	44.05)
=	-295.023

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	415.661	/	3644.570
	=	11.40 %

Summerset Group Holdings EBIT Related Terms

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Summerset Group Holdings (ASX:SNZ) Business Description

Industry

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SUM:New Zealand

Address

100 Willis Street, Level 27, Majestic Centre, Wellington, NZL, 6011

Website

https://www.summerset.co.nz

Summerset Group Holdings Ltd operates retirement villages in New Zealand. The company receives a majority of its revenue from the New Zealand Ministry of Health, which subsidizes fees for eligible aged-care residents. Its revenue is primarily derived from care fees and village services income. Summerset provides a range of care for its residents, including in-home care and 24-hour medical-care centers. In addition to its independent-living villas and apartments, Summerset offers supported-living residences, which include assistance with daily activities like shopping and housekeeping.