Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) EBIT : R$7.99 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario EBIT?

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was R$7.99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$7.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's annualized ROC % for the quarter that ended in Dec. 2023 was 4.22%. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.46%.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario EBIT Historical Data

The historical data trend for Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario EBIT Chart

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

0.47

4.73

8.35

7.99

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
EBIT	0.47	4.73	8.35	7.99

Competitive Comparison of Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's EBIT

For the REIT - Residential subindustry, Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario 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 Dec. 2023 was R$7.99 Mil.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) EBIT Explanation

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

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	7.987 * ( 1 - 0% )	/	( (186.509	+	192.226)	/ 2 )
=	7.987	/	189.3675
=	4.22 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	190.768	-	1.028	-	( 4.079	-	max(0, 1.151	-	4.382	+	4.079	))
=	186.509

	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	))
=	197.872	-	1.608	-	( 4.038	-	max(0, 36.695	-	126.028	+	4.038	))
=	192.226

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

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

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario'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: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	7.987	/	( ( (0 + max(-0.853, 0))	+	(0 + max(85.13, 0)) )	/	2 )
=	7.987	/	( ( 0	+	85.13 )	/	2 )
=	7.987	/	42.565
=	18.76 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.298	+	0	+	0)	-	(1.028	+	0	+	0.123)
=	-0.853

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.306	+	121.519	+	0)	-	(1.608	+	0	+	35.087)
=	85.13

When net working capital is negative, 0 is used.

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

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

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	7.987	/	55.240
	=	14.46 %

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario EBIT Related Terms

Thank you for viewing the detailed overview of Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Chedid Jafet, 222, Bloco B, 3rd Floor - Vila Olimpia, Sao Paulo, SP, BRA, 04511-065

Website

https://www.riobravo.com.br

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario operates as a real estate investment fund. The company investment objective is to earn income from income and sale of real estate assets predominantly for residential use, located within the main urban centers with high density; close to universities, shopping centers and public transport; and high liquidity according to current consumption patterns.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Headlines

No Headlines