Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) EBIT : $-1.70 Mil (TTM As of Mar. 2024)

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What is Lightstone Value Plus REIT IV EBIT?

Lightstone Value Plus REIT IV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-1.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lightstone Value Plus REIT IV's annualized ROC % for the quarter that ended in Mar. 2024 was -4.33%. Lightstone Value Plus REIT IV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lightstone Value Plus REIT IV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.35%.

Lightstone Value Plus REIT IV EBIT Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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.

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Lightstone Value Plus REIT IV EBIT Chart

Lightstone Value Plus REIT IV Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

4.97

-1.09

-2.42

-2.95

Lightstone Value Plus REIT IV Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial									-2.81	-0.69	-0.03	0.58	-1.57

Competitive Comparison of Lightstone Value Plus REIT IV's EBIT

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's EV-to-EBIT falls into.

Lightstone Value Plus REIT IV 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.70 Mil.

Lightstone Value Plus REIT IV (OTCPK:LTSV) EBIT Explanation

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

Lightstone Value Plus REIT IV's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-5.888 * ( 1 - 0% )	/	( (136.34	+	135.44)	/ 2 )
=	-5.888	/	135.89
=	-4.33 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	145.472	-	6.333	-	( 6.726	-	max(0, 6.333	-	9.132	+	6.726	))
=	136.34

	Invested Capital		(Q: Mar. 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	))
=	141.894	-	6.042	-	( 4.095	-	max(0, 6.042	-	6.454	+	4.095	))
=	135.44

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Lightstone Value Plus REIT IV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.264	/	( ( (0 + max(-3.927, 0))	+	(0 + max(-3.683, 0)) )	/	2 )
=	-6.264	/	( ( 0	+	0 )	/	2 )
=	-6.264	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.4	+	0	+	1.006)	-	(6.333	+	0	+	0)
=	-3.927

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.354	+	0	+	1.005)	-	(6.042	+	0	+	0)
=	-3.683

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Lightstone Value Plus REIT IV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-1.703	/	125.964
	=	-1.35 %

Lightstone Value Plus REIT IV EBIT Related Terms

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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lightstone Value Plus REIT IV Inc (OTCPK:LTSV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701

Website

http://www.lightstonecapitalmarkets.com

Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

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