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Murano Global Investments (FRA:6YN) EBIT : €-43.36 Mil (TTM As of Jun. 2024)


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What is Murano Global Investments EBIT?

Murano Global Investments's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €-40.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-43.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Murano Global Investments's annualized ROC % for the quarter that ended in Jun. 2024 was -2.71%. Murano Global Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Murano Global Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -3.63%.

Murano Global Investments EBIT Historical Data

The historical data trend for Murano Global Investments'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.

Murano Global Investments EBIT Chart

Murano Global Investments Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- 2.20 27.19 16.72

Murano Global Investments Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial 5.64 19.37 - -2.86 -40.50

Competitive Comparison of Murano Global Investments's EBIT

For the Real Estate - Development subindustry, Murano Global Investments'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.

Murano Global Investments's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Murano Global Investments's EV-to-EBIT distribution charts can be found below:

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


Murano Global Investments 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-43.36 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.

Murano Global Investments  (FRA:6YN) EBIT Explanation

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

Murano Global Investments'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-34.384 * ( 1 - 0.16% )/( (1179.022 + 1356.038)/ 2 )
=-34.3289856/1267.53
=-2.71 %

where

Invested Capital(Q: Mar. 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))
=1094.358 - 33.377 - ( 4.629 - max(0, 152.715 - 34.674+4.629))
=1179.022

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))
=1027.973 - 53.369 - ( 4.25 - max(0, 411.95 - 30.516+4.25))
=1356.038

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

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

Murano Global Investments'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-162.004/( ( (990.613 + max(-28.573, 0)) + (935.346 + max(-48.921, 0)) )/ 2 )
=-162.004/( ( 990.613 + 935.346 )/ 2 )
=-162.004/962.9795
=-16.82 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.567 + 0.2 + 4.713) - (33.377 + 0.358 + 0.31799999999998)
=-28.573

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.263 + 0.485 + 2.721) - (53.369 + 0.673 + 0.34800000000001)
=-48.921

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Murano Global Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-43.356/1193.575
=-3.63 %

* 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.

Murano Global Investments EBIT Related Terms

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Murano Global Investments Business Description

Industry
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MRNO:USA
Address
25 Berkeley Square, London, GBR, W1J 6HN
Website
https://www.murano.com.mx/en
Murano Global Investments PLC is a real estate company that owns, develops, and invests in hotel, resort, and commercial properties throughout Mexico. Its portfolio includes the Andaz and Mondrian Hotels in Mexico City and Vivid Hotel Grand Island. The revenues are derived from the products and services provided to our customers such as Room rentals, Food and beverage, Private events, Spa services, and Other services.

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