GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Legacy Ventures International Inc (OTCPK:LGYV) » Definitions » EBIT

Legacy Ventures International (Legacy Ventures International) EBIT : $-0.06 Mil (TTM As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Legacy Ventures International EBIT?

Legacy Ventures International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Legacy Ventures International's annualized ROC % for the quarter that ended in Sep. 2023 was %. Legacy Ventures International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Legacy Ventures International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.06%.


Legacy Ventures International EBIT Historical Data

The historical data trend for Legacy Ventures International'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.

Legacy Ventures International EBIT Chart

Legacy Ventures International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.08 -0.08 0.32 -0.06

Legacy Ventures International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.01 -0.02 -0.01 -0.02 -0.01

Competitive Comparison of Legacy Ventures International's EBIT

For the Shell Companies subindustry, Legacy Ventures International'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.


Legacy Ventures International's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Legacy Ventures International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Legacy Ventures International's EV-to-EBIT falls into.



Legacy Ventures International 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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.


Legacy Ventures International  (OTCPK:LGYV) EBIT Explanation

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

Legacy Ventures International's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.028 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-0.028/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Legacy Ventures International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.028/( ( (0 + max(-0.075, 0)) + (0 + max(-0.081, 0)) )/ 2 )
=-0.028/( ( 0 + 0 )/ 2 )
=-0.028/0
= %

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)
=(0 + 0 + 0) - (0.075 + 0 + 0)
=-0.075

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.081 + 0 + 0)
=-0.081

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Legacy Ventures International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-0.059/100.629
=-0.06 %

* 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.


Legacy Ventures International EBIT Related Terms

Thank you for viewing the detailed overview of Legacy Ventures International's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Legacy Ventures International (Legacy Ventures International) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit 01, 82/F. International Commerce Centre, Kowloon, Hong Kong, HKG
Legacy Ventures International Inc has no ongoing operations.

Legacy Ventures International (Legacy Ventures International) Headlines

No Headlines