Ingenious Entertainment VCT 2 (LSE:IEVC) EBIT : £0.00 Mil (TTM As of Jun. 2018)

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What is Ingenious Entertainment VCT 2 EBIT?

Ingenious Entertainment VCT 2's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2018 was £0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was £0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ingenious Entertainment VCT 2's annualized ROC % for the quarter that ended in Jun. 2018 was 0.00%. Ingenious Entertainment VCT 2's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ingenious Entertainment VCT 2's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was 0.00%.

Ingenious Entertainment VCT 2 EBIT Historical Data

The historical data trend for Ingenious Entertainment VCT 2'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.

Ingenious Entertainment VCT 2 EBIT Chart

Ingenious Entertainment VCT 2 Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

EBIT

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-0.16

-0.12

-0.15

-0.18

Ingenious Entertainment VCT 2 Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
EBIT	Get a 7-Day Free Trial														-0.08	-0.10	-	-	-

Competitive Comparison of Ingenious Entertainment VCT 2's EBIT

For the Asset Management subindustry, Ingenious Entertainment VCT 2'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.

Ingenious Entertainment VCT 2's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ingenious Entertainment VCT 2's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ingenious Entertainment VCT 2's EV-to-EBIT falls into.

Ingenious Entertainment VCT 2 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Ingenious Entertainment VCT 2 (LSE:IEVC) EBIT Explanation

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

Ingenious Entertainment VCT 2's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

	ROC % (Q: Jun. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2017 )	+	Invested Capital (Q: Jun. 2018 ))	/ count )
=	0 * ( 1 - 0% )	/	( (2.057	+	1.741)	/ 2 )
=	0	/	1.899
=	0.00 %

where

	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	))
=	2.356	-	0.018	-	( 0.281	-	max(0, 0.018	-	0.317	+	0.281	))
=	2.057

	Invested Capital		(Q: Jun. 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	))
=	2.233	-	0.034	-	( 0.458	-	max(0, 0.034	-	0.54	+	0.458	))
=	1.741

Note: The Operating Income data used here is two times the semi-annual (Jun. 2018) data.

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

Ingenious Entertainment VCT 2's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2017		Q: Jun. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (0 + max(-0.018, 0))	+	(0 + max(-0.034, 0)) )	/	2 )
=	0	/	( ( 0	+	0 )	/	2 )
=	0	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.018	+	0	+	0)
=	-0.018

	Working Capital		(Q: Jun. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.034	+	0	+	0)
=	-0.034

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2018) EBIT data.

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

Ingenious Entertainment VCT 2's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2018 )
	=	0	/	8.854
	=	0.00 %

Ingenious Entertainment VCT 2 EBIT Related Terms

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Ingenious Entertainment VCT 2 (LSE:IEVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ingenious Entertainment VCT 2 PLC (LSE:IEVC) » Definitions » EBIT

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Address

Website

http://www.ingeniousvcts.co.uk

Ingenious Entertainment VCT 2 PLC is a venture capital trust. Its objective is to invest in companies established to create and bring to market live events and premium entertainment content which will provide shareholders with an attractive return. The company primarily invests in media, live events, and entertainment sector targeting concerts, festivals, conferences and other entertainment-based content.

Ingenious Entertainment VCT 2 (LSE:IEVC) Headlines

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