Sicily By Car SpA (MIL:SBC) EBIT : €10.3 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Sicily By Car SpA EBIT?

Sicily By Car SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-4.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €10.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sicily By Car SpA's annualized ROC % for the quarter that ended in Jun. 2024 was -3.31%. Sicily By Car SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -7.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sicily By Car SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.16%.

Sicily By Car SpA EBIT Historical Data

The historical data trend for Sicily By Car SpA'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.

Sicily By Car SpA EBIT Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

EBIT

18.32

57.79

28.64

10.26

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial			34.64	9.49	19.15	-4.45	14.71

Competitive Comparison of Sicily By Car SpA's EBIT

For the Rental & Leasing Services subindustry, Sicily By Car SpA'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.

Sicily By Car SpA's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sicily By Car SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sicily By Car SpA's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Sicily By Car SpA 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €10.3 Mil.

Sicily By Car SpA (MIL:SBC) EBIT Explanation

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

Sicily By Car SpA's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-7.968 * ( 1 - 19.15% )	/	( (195.763	+	193.776)	/ 2 )
=	-6.442128	/	194.7695
=	-3.31 %

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	))
=	277.551	-	34.399	-	( 106.161	-	max(0, 88.464	-	135.853	+	106.161	))
=	195.763

	Invested Capital		(Q: Jun. 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	))
=	288.529	-	55.532	-	( 81.648	-	max(0, 110.242	-	149.463	+	81.648	))
=	193.776

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

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

Sicily By Car SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-8.898	/	( ( (121.068 + max(-26.111, 0))	+	(115.486 + max(-34.02, 0)) )	/	2 )
=	-8.898	/	( ( 121.068	+	115.486 )	/	2 )
=	-8.898	/	118.277
=	-7.52 %

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)
=	(6.224	+	0.182	+	4.402)	-	(34.399	+	0	+	2.52)
=	-26.111

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.52	+	0.303	+	13.717)	-	(55.532	+	0	+	6.028)
=	-34.02

When net working capital is negative, 0 is used.

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

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

Sicily By Car SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	10.262	/	112.084
	=	9.16 %

Sicily By Car SpA EBIT Related Terms

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

Sicily By Car SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (MIL:SBC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.