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Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) EBIT : R$277.3 Mil (TTM As of Jun. 2024)


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What is Kinea High Yield Cri Fundo Investimento Imobiliario FII EBIT?

Kinea High Yield Cri Fundo Investimento Imobiliario FII's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was R$277.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was R$277.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kinea High Yield Cri Fundo Investimento Imobiliario FII's annualized ROC % for the quarter that ended in Jun. 2024 was 11.45%. Kinea High Yield Cri Fundo Investimento Imobiliario FII's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kinea High Yield Cri Fundo Investimento Imobiliario FII's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.50%.


Kinea High Yield Cri Fundo Investimento Imobiliario FII EBIT Historical Data

The historical data trend for Kinea High Yield Cri Fundo Investimento Imobiliario FII'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.

Kinea High Yield Cri Fundo Investimento Imobiliario FII EBIT Chart

Kinea High Yield Cri Fundo Investimento Imobiliario FII Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial 50.52 126.77 232.25 228.97 277.32

Kinea High Yield Cri Fundo Investimento Imobiliario FII Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT Get a 7-Day Free Trial 50.52 126.77 232.25 228.97 277.32

Competitive Comparison of Kinea High Yield Cri Fundo Investimento Imobiliario FII's EBIT

For the Asset Management subindustry, Kinea High Yield Cri Fundo Investimento Imobiliario FII'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.


Kinea High Yield Cri Fundo Investimento Imobiliario FII's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kinea High Yield Cri Fundo Investimento Imobiliario FII's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kinea High Yield Cri Fundo Investimento Imobiliario FII's EV-to-EBIT falls into.



Kinea High Yield Cri Fundo Investimento Imobiliario FII 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was R$277.3 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.


Kinea High Yield Cri Fundo Investimento Imobiliario FII  (BSP:KNHY11) EBIT Explanation

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

Kinea High Yield Cri Fundo Investimento Imobiliario FII's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=277.323 * ( 1 - 0% )/( (2139.206 + 2705.239)/ 2 )
=277.323/2422.2225
=11.45 %

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))
=2048.437 - 21.665 - ( 40.899 - max(0, 153.507 - 41.073+40.899))
=2139.206

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))
=2866.781 - 32.729 - ( 160.573 - max(0, 32.799 - 161.612+160.573))
=2705.239

Note: The Operating Income data used here is one times the annual (Jun. 2024) data.

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

Kinea High Yield Cri Fundo Investimento Imobiliario FII's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=277.323/( ( (0 + max(-153.507, 0)) + (0 + max(-32.8, 0)) )/ 2 )
=277.323/( ( 0 + 0 )/ 2 )
=277.323/0
= %

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 + 0 + 0) - (21.665 + 0 + 131.842)
=-153.507

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -0.0010000000000048) - (32.729 + 0 + 0.07)
=-32.8

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

Kinea High Yield Cri Fundo Investimento Imobiliario FII's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=277.323/2642.293
=10.50 %

* 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.


Kinea High Yield Cri Fundo Investimento Imobiliario FII EBIT Related Terms

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Kinea High Yield Cri Fundo Investimento Imobiliario FII Business Description

Traded in Other Exchanges
N/A
Address
BRIGADEIRO FARIA LIMA, 3400, 10th Floor- ITAIM BIBI, Sau Paulo, SP, BRA, 04538132
Kinea High Yield Cri Fundo Investimento Imobiliario FII is a real estate trust.

Kinea High Yield Cri Fundo Investimento Imobiliario FII Headlines

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