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Conn's's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-35 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Conn's's annualized ROC % for the quarter that ended in Jan. 2024 was -33.54%. Conn's's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 12.84%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Conn's's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -2.10%.
The historical data trend for Conn's'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.
Conn's Annual Data | |||||||||||||||||||||
Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||||
EBIT | Get a 7-Day Free Trial | 133.43 | 31.05 | 167.48 | -29.47 | -34.64 |
Conn's Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
EBIT | Get a 7-Day Free Trial | -33.43 | -20.70 | -15.36 | -38.46 | 39.87 |
For the Specialty Retail subindustry, Conn's'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.
For the Retail - Cyclical industry and Consumer Cyclical sector, Conn's's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Conn's's EV-to-EBIT falls into.
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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35 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.
Conn's (OTCPK:CONNQ) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Conn's's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:
ROC % (Q: Jan. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Oct. 2023 ) | + | Invested Capital (Q: Jan. 2024 )) | / count ) |
= | -203.048 * ( 1 - -214.21% ) | / | ( (1578.646 | + | 2226.304) | / 2 ) |
= | -637.9971208 | / | 1902.475 | |||
= | -33.54 % |
where
Invested Capital | (Q: Oct. 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 | )) |
= | 1726.392 | - | 142.184 | - | ( 5.562 | - | max(0, 239.268 | - | 808.195 | + | 5.562 | )) |
= | 1578.646 |
Invested Capital | (Q: Jan. 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 | )) |
= | 2444.042 | - | 199.035 | - | ( 18.703 | - | max(0, 466.523 | - | 1204.096 | + | 18.703 | )) |
= | 2226.304 |
Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Conn's's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Jan. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Oct. 2023 | Q: Jan. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 159.496 | / | ( ( (550.193 + max(538.649, 0)) | + | (806.884 + max(589.064, 0)) ) | / | 2 ) |
= | 159.496 | / | ( ( 1088.842 | + | 1395.948 ) | / | 2 ) |
= | 159.496 | / | 1242.395 | ||||
= | 12.84 % |
where Working Capital is:
Working Capital | (Q: Oct. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (424.94 | + | 231.814 | + | 52.926) | - | (142.184 | + | 10.229 | + | 18.618) |
= | 538.649 |
Working Capital | (Q: Jan. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (419.005 | + | 333.962 | + | 70.729) | - | (199.035 | + | 16.288 | + | 19.309) |
= | 589.064 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Conn's's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Jan. 2024 ) |
= | -34.642 | / | 1653.530 | |
= | -2.10 % |
* 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.
Thank you for viewing the detailed overview of Conn's's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas H Martin | director, 10 percent owner | C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201 |
Stephens Group, Llc | 10 percent owner | 100 RIVER BLUFF DRIVE, SUITE 500, LITTLE ROCK AR 72202 |
Ann B Gugino | director | 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120 |
Timothy P Santo | officer: Chief Accounting Officer | 2445 TECHNOLOGY FOREST BLVD., STE. 800, THE WOODLANDS TX 77381 |
Karen Hartje | director | 251 1ST AVENUE N, SUITE 200, MINNEAPOLIS MN 55401-1672 |
Paula W. & John P. Calhoun Family Trust - Wmas | 10 percent owner | 111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201 |
Warren Miles Amerine Stephens Family Trust One | 10 percent owner | 111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201 |
Brian Daly | officer: Chief Human Resources Officer | 4055 TECHNOLOGY FOREST BLVD., STE. 210, THE WOODLANDS TX 77381 |
Warren A Stephens | 10 percent owner | 111 CENTER STREET, LITTLE ROCK AR 72201 |
Harriet C Stephens | 10 percent owner | C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201 |
Was Family Trust Five | 10 percent owner | 111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201 |
Stephens Warren A Trust Uid 9/30/87 | 10 percent owner | C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201 |
Thomas John Fenton | officer: Chief Credit Officer | 2445 TECHNOLOGY FOREST BLVD., SUITE 800, THE WOODLANDS TX 77381 |
Warren Miles Stephens | 10 percent owner | 111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201 |
John Calhoun Stephens | 10 percent owner | 111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201 |
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