GURUFOCUS.COM » STOCK LIST » Technology » Software » Checkit PLC (LSE:CKT) » Definitions » EBIT

Checkit (LSE:CKT) EBIT : £-4.60 Mil (TTM As of Jul. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Checkit EBIT?

Checkit's earnings before interest and taxes (EBIT) for the six months ended in Jul. 2024 was £-2.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was £-4.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Checkit's annualized ROC % for the quarter that ended in Jul. 2024 was -47.63%. Checkit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -613.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Checkit's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -54.63%.


Checkit EBIT Historical Data

The historical data trend for Checkit'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.

Checkit EBIT Chart

Checkit Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.50 -4.40 -7.50 -8.10 -5.00

Checkit Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 -4.50 -3.60 -2.70 -2.30 -2.30

Competitive Comparison of Checkit's EBIT

For the Software - Application subindustry, Checkit'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.


Checkit's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Checkit's EV-to-EBIT distribution charts can be found below:

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


;
;

Checkit 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.60 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.


Checkit  (LSE:CKT) EBIT Explanation

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

Checkit's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-4.6 * ( 1 - 3.7% )/( (12.2 + 6.4)/ 2 )
=-4.4298/9.3
=-47.63 %

where

Note: The Operating Income data used here is two times the semi-annual (Jul. 2024) data.

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

Checkit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.6/( ( (0.8 + max(-0.6, 0)) + (0.7 + max(-0.7, 0)) )/ 2 )
=-4.6/( ( 0.8 + 0.7 )/ 2 )
=-4.6/0.75
=-613.33 %

where Working Capital is:

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.8 + 3.8 + 0.6) - (1.9 + 0 + 5.9)
=-0.6

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.7 + 4.1 + 0) - (8.5 + 0 + 0)
=-0.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jul. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-4.6/8.421
=-54.63 %

* 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.


Checkit EBIT Related Terms

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


Checkit Business Description

Traded in Other Exchanges
N/A
Address
JJ Thomson Avenue, Broers Building, Cambridge, GBR, CB3 0FA
Checkit PLC is a real-time operation management software company engaged in providing intelligent operations management platforms for desk less workforces, enabling operational agility and intelligent decision-making in large multinational and complex national organizations. The company's subscription business model offers optional plugins for smart sensor networks and workflow task management. Its solutions apply digital tools and monitoring to transform workforce management and incorporate physical assets into a digital ecosystem using Internet of Things (IoT) sensors and monitoring devices. The company has two operating segments; the United Kingdom, and The Americas. It derives a majority of its revenue from the United Kingdom.

Checkit Headlines

No Headlines