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GCI Liberty (GCI Liberty) EBIT : $24.9 Mil (TTM As of Dec. 2017)


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What is GCI Liberty EBIT?

GCI Liberty's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2017 was $27.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2017 was $24.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GCI Liberty's annualized ROC % for the quarter that ended in Dec. 2017 was 49.30%. GCI Liberty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 9.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GCI Liberty's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 2.09%.


GCI Liberty EBIT Historical Data

The historical data trend for GCI Liberty'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.

GCI Liberty EBIT Chart

GCI Liberty Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.41 141.77 57.68 87.15 24.91

GCI Liberty Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 13.06 -27.11 11.84 27.13

Competitive Comparison of GCI Liberty's EBIT

For the Telecom Services subindustry, GCI Liberty'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.


GCI Liberty's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GCI Liberty's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GCI Liberty's EV-to-EBIT falls into.



GCI Liberty 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.9 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.


GCI Liberty  (NAS:GNCMA) EBIT Explanation

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

GCI Liberty's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2017 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=82.796 * ( 1 - -1054.49% )/( (1914.383 + 1963.639)/ 2 )
=955.8715404/1939.011
=49.30 %

where

Invested Capital(Q: Sep. 2017 )
=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))
=2063.29 - 129.704 - ( 19.203 - max(0, 186.047 - 231.324+19.203))
=1914.383

Invested Capital(Q: Dec. 2017 )
=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))
=2093.5 - 114.239 - ( 15.622 - max(0, 167.529 - 234.483+15.622))
=1963.639

Note: The Operating Income data used here is four times the quarterly (Dec. 2017) data.

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

GCI Liberty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2017  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=108.5/( ( (1153.743 + max(-139.673, 0)) + (1154.711 + max(65.304, 0)) )/ 2 )
=108.5/( ( 1153.743 + 1220.015 )/ 2 )
=108.5/1186.879
=9.14 %

where Working Capital is:

Working Capital(Q: Sep. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 9.394 + 23.224) - (129.704 + 41.348 + 1.239)
=-139.673

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.588 + 12.996 + 21.277) - (114.239 + 38.047 + 1.271)
=65.304

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

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

GCI Liberty's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2017 )
=24.909/1191.730
=2.09 %

* 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.


GCI Liberty EBIT Related Terms

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GCI Liberty (GCI Liberty) Business Description

Traded in Other Exchanges
N/A
Address
GCI Liberty Inc formerly known as General Communication is the communication service provider in Alaska. It offers data, wireless, video, voice and managed services to consumer and business customers throughout Alaska and nationwide.
Executives
Ronald A Duncan director
Gregory B Maffei director, 10 percent owner, officer: President and CEO 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling officer: CAO/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Chief Corp. Dev. Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Sue Ann Hamilton director 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Richard R Green director 1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Donne F Fisher director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Richard N Baer officer: Chief Legal Officer
Liberty Interactive Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
John W Stanton other: Former 10% owner 3650 131ST AVE SE #400, WESTERN WIRELESS CORP, BELLEVUE WA 98006
John C Malone director, officer: Chairman of the Board 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Theresa E Gillespie 10 percent owner 3650 131ST AVE. S.E. #400 WESTERN WIRELESS CORP STE 100 BELLEVUE WA 98006

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