LEON (Leone Asset Management) EBIT: $-9.46 Mil (TTM As of Dec. 2018)


What is Leone Asset Management EBIT?

Leone Asset Management LEON -0.55% EBIT is $-9.46 Mil as of Dec. 2018.

Leone Asset Management's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $-7.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $-9.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leone Asset Management's annualized ROC % for the quarter that ended in Dec. 2018 was -878.12%. Leone Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -8,823.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leone Asset Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -330.31%.

Leone Asset Management  (OTCPK:LEON) EBIT Explanation

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

Leone Asset Management's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=-29.764 * ( 1 - 0% )/( (3.79 + 2.989)/ 2 )
=-29.764/3.3895
=-878.12 %

where

Invested Capital(Q: Sep. 2018 )
=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))
=0.835 - 0.301 - ( 0.089 - max(0, 3.702 - 0.446+0.089))
=3.79

Invested Capital(Q: Dec. 2018 )
=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))
=0.772 - 0.276 - ( 0.138 - max(0, 2.984 - 0.491+0.138))
=2.989

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

Leone Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-29.736/( ( (0.338 + max(0.049, 0)) + (0.231 + max(0.056, 0)) )/ 2 )
=-29.736/( ( 0.387 + 0.287 )/ 2 )
=-29.736/0.337
=-8,823.74 %

where Working Capital is:

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.04 + 0.293 + 0.024) - (0.301 + 0 + 0.0069999999999997)
=0.049

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.037 + 0.298 + 0.018) - (0.276 + 0 + 0.021)
=0.056

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

Leone Asset Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=-9.46/2.864
=-330.31 %

* 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.

Leone Asset Management EBIT Related Terms

Leone Asset Management EBIT Historical Data

* Premium members only.

The historical data trend for Leone Asset Management'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.

Leone Asset Management EBIT Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.83 -3.35 -0.98 -9.46

Leone Asset Management Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.24 -0.45 -0.41 -1.17 -7.43

LEON vs PTMN, TZAC, AINC: EBIT Comparison

For the Conglomerates subindustry, Leone Asset Management'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.

Leone Asset Management EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Leone Asset Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Leone Asset Management's EV-to-EBIT falls into.


Leone Asset Management 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.46 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-9.46 Mil mean?
Leone Asset Management (LEON) has a EBIT of $-9.46 Mil as of Dec. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Leone Asset Management.
Is Leone Asset Management's EBIT too high?
Leone Asset Management's current EBIT is $-9.46 Mil.
How does Leone Asset Management's EBIT compare to PTMN and TZAC?
Leone Asset Management's EBIT of $-9.46 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Conglomerates company?
A good EBIT depends on the Conglomerates industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Leone Asset Management. Leone Asset Management's current EBIT is $-9.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leone Asset Management stock overvalued right now?
Leone Asset Management (LEON) has a current EBIT of $-9.46 Mil. The current EBIT is $-9.46 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Leone Asset Management (LEON), the current EBIT is $-9.46 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Leone Asset Management Business Description

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.