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Linus Digital Finance AG (FRA:LDF) EBIT : €2.88 Mil (TTM As of Dec. 2023)


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What is Linus Digital Finance AG EBIT?

Linus Digital Finance AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €2.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Linus Digital Finance AG's annualized ROC % for the quarter that ended in Dec. 2023 was -4.43%. Linus Digital Finance AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Linus Digital Finance AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.83%.

Linus Digital Finance AG EBIT Historical Data

The historical data trend for Linus Digital Finance AG'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.

Linus Digital Finance AG EBIT Chart

Linus Digital Finance AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
14.46 -0.16 -7.95 2.88

Linus Digital Finance AG Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial -4.06 5.37 -13.32 3.03 -0.14

Competitive Comparison of Linus Digital Finance AG's EBIT

For the Asset Management subindustry, Linus Digital Finance AG'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.

Linus Digital Finance AG's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Linus Digital Finance AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Linus Digital Finance AG's EV-to-EBIT falls into.


Linus Digital Finance AG 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 €2.88 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.

Linus Digital Finance AG  (FRA:LDF) EBIT Explanation

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

Linus Digital Finance AG'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 )
=-5.076 * ( 1 - 0.1% )/( (119.597 + 109.349)/ 2 )
=-5.070924/114.473
=-4.43 %

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))
=125.13 - 1.612 - ( 71.397 - max(0, 70.101 - 74.022+71.397))
=119.597

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))
=112.352 - 1.823 - ( 79.885 - max(0, 81.86 - 83.04+79.885))
=109.349

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:

Linus Digital Finance AG'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 )
=-0.282/( ( (3.003 + max(-63.255, 0)) + (1.098 + max(-75.872, 0)) )/ 2 )
=-0.282/( ( 3.003 + 1.098 )/ 2 )
=-0.282/2.0505
=-13.75 %

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)
=(1.198 + 0 + 1.427) - (1.612 + 0 + 64.268)
=-63.255

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.319 + 0 + 0.836) - (1.823 + 0 + 77.204)
=-75.872

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:

Linus Digital Finance AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2.884/-59.690
=-4.83 %

* 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.

Linus Digital Finance AG EBIT Related Terms

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Linus Digital Finance AG (FRA:LDF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Linus Digital Finance AG (FRA:LDF) » Definitions » EBIT
Comparable Companies
HAM:C9T XTER:EFF FRA:VMR1 STU:HRU FRA:LEH STU:FAK HAM:NAB FRA:LKB FRA:ICP HAM:I8CK BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
LDF:Germany
Address
Alexanderstrasse 7, Berlin, DEU, 10178
Website
https://www.linus-finance.com
Linus Digital Finance AG is engaged in the development and management of financing solutions for real estate projects. Its digital platform gives professional and semi-professional investors access to curated real estate investments. The company's operating segment includes Linus Corporate and Linus Funds. It generates maximum revenue from the Linus Corporate segment.

Linus Digital Finance AG (FRA:LDF) Headlines

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