Milton Capital (LSE:MII) EBIT : £-0.36 Mil (TTM As of Jul. 2024)

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What is Milton Capital EBIT?

Milton Capital's earnings before interest and taxes (EBIT) for the six months ended in Jul. 2024 was £-0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was £-0.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Milton Capital's annualized ROC % for the quarter that ended in Jul. 2024 was -2,436.36%. Milton Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -80,400.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Milton Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -839.53%.

Milton Capital EBIT Historical Data

The historical data trend for Milton Capital'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.

Milton Capital EBIT Chart

Milton Capital Annual Data

Trend

Jan23

Jan24

EBIT

-0.10

-0.19

Milton Capital Semi-Annual Data
	Jan23	Jul23	Jan24	Jul24
EBIT	-	-0.03	-0.16	-0.20

Competitive Comparison of Milton Capital's EBIT

For the Shell Companies subindustry, Milton Capital'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.

Milton Capital's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Milton Capital 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 £-0.36 Mil.

Milton Capital (LSE:MII) EBIT Explanation

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

Milton Capital'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 )
=	-0.402 * ( 1 - 0% )	/	( (0.032	+	0.00099999999999989)	/ 2 )
=	-0.402	/	0.0165
=	-2,436.36 %

where

	Invested Capital		(Q: Jan. 2024 )
=	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	))
=	0.796	-	0.031	-	( 0.792	-	max(0, 0.063	-	0.796	+	0.792	))
=	0.032

	Invested Capital		(Q: Jul. 2024 )
=	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	))
=	0.598	-	0.065	-	( 0.532	-	max(0, 0.065	-	0.598	+	0.532	))
=	0.00099999999999989

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:

Milton Capital'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 )
=	-0.402	/	( ( (0 + max(-0.063, 0))	+	(0 + max(0.00099999999999989, 0)) )	/	2 )
=	-0.402	/	( ( 0	+	0.00099999999999989 )	/	2 )
=	-0.402	/	0.00049999999999994
=	-80,400.00 %

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)
=	(0	+	0	+	0)	-	(0.031	+	0	+	0.032)
=	-0.063

	Working Capital		(Q: Jul. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.066	+	0	+	-1.1102230246252E-16)	-	(0.065	+	0	+	0)
=	0.00099999999999989

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jul. 2024 )
	=	-0.361	/	0.043
	=	-839.53 %

Milton Capital EBIT Related Terms

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Milton Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Milton Capital PLC (LSE:MII) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE

Website

http://www.milton-capital.co.uk

Milton Capital PLC is a special-purpose acquisition company. The company was formed to undertake one or more acquisitions (which may be in the form of a merger, capital stock exchange, asset acquisition, stock purchase, scheme of the arrangement, reorganization, or similar business combination) of a minority or majority interest in a company or business.

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