Vital (NZSE:VTL) EBIT : NZ$1.55 Mil (TTM As of Dec. 2023)

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What is Vital EBIT?

Vital's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NZ$0.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$1.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vital's annualized ROC % for the quarter that ended in Dec. 2023 was -6.80%. Vital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.59%.

Vital EBIT Historical Data

The historical data trend for Vital'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.

Vital EBIT Chart

Vital Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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6.78

2.20

2.16

-19.01

1.08

Vital Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-0.98	-18.03	0.34	0.75	0.80

Competitive Comparison of Vital's EBIT

For the Telecom Services subindustry, Vital'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.

Vital's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vital's EV-to-EBIT distribution charts can be found below:

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

Vital 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$1.55 Mil.

Vital (NZSE:VTL) EBIT Explanation

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

Vital's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-5.386 * ( 1 - 14.75% )	/	( (68.828	+	66.242)	/ 2 )
=	-4.591565	/	67.535
=	-6.80 %

where

	Invested Capital		(Q: Jun. 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	))
=	67.782	-	4.372	-	( 0.503	-	max(0, 11.758	-	6.34	+	0.503	))
=	68.828

	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	))
=	64.579	-	4.319	-	( 0.079	-	max(0, 11.857	-	5.875	+	0.079	))
=	66.242

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Vital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.596	/	( ( (61.386 + max(-2.348, 0))	+	(58.685 + max(-1.816, 0)) )	/	2 )
=	1.596	/	( ( 61.386	+	58.685 )	/	2 )
=	1.596	/	60.0355
=	2.66 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.951	+	1.342	+	1.509)	-	(4.372	+	3.002	+	0.776)
=	-2.348

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.706	+	1.362	+	1.728)	-	(4.319	+	0	+	3.293)
=	-1.816

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1.547	/	43.041
	=	3.59 %

Vital EBIT Related Terms

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Vital (NZSE:VTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vital Ltd (NZSE:VTL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Tory Street, Level 4 and 5, Tower B, Te Aro, Wellington, NTL, NZL, 6011

Website

https://www.vital.co.nz

Vital Ltd provides communication services in New Zealand. The company operates through two segments: Wireless Networks and Wired Networks. The majority of the revenue comes from the Wireless Networks that include traditional mobile radio business along with it is associated with finance leasing, data, and GPS tracking products, and the wireless broadband business. The Wired Networks segment includes the wired broadband business and provides broadband connectivity and ancillary-related services to a range of wholesale customers and end-users.

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