Belpointe PREP LLC (Belpointe PREP LLC) EBIT : $-10.33 Mil (TTM As of Dec. 2023)

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What is Belpointe PREP LLC EBIT?

Belpointe PREP LLC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Belpointe PREP LLC's annualized ROC % for the quarter that ended in Dec. 2023 was -3.25%. Belpointe PREP LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Belpointe PREP LLC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.52%.

Belpointe PREP LLC EBIT Historical Data

The historical data trend for Belpointe PREP LLC'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.

Belpointe PREP LLC EBIT Chart

Belpointe PREP LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

-0.10

-3.66

-9.51

-10.33

Belpointe PREP LLC Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial									-2.88	-2.80	-2.12	-2.52	-2.89

Competitive Comparison of Belpointe PREP LLC's EBIT

For the Real Estate - Development subindustry, Belpointe PREP LLC'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.

Belpointe PREP LLC's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Belpointe PREP LLC's EV-to-EBIT distribution charts can be found below:

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

Belpointe PREP LLC 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 quarterly data reported by the company within the most recent 12 months, which was $-10.33 Mil.

Belpointe PREP LLC (AMEX:OZ) EBIT Explanation

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

Belpointe PREP LLC'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-11.556 * ( 1 - -0.02% )	/	( (345.484	+	365.992)	/ 2 )
=	-11.5583112	/	355.738
=	-3.25 %

where

	Invested Capital		(Q: Sep. 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	))
=	361.227	-	33.559	-	( 15.743	-	max(0, 33.559	-	15.743	+	15.743	))
=	345.484

	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	))
=	382.117	-	32.051	-	( 20.125	-	max(0, 36.051	-	20.125	+	20.125	))
=	365.992

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Belpointe PREP LLC'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.556	/	( ( (0 + max(-33.559, 0))	+	(0 + max(-32.051, 0)) )	/	2 )
=	-11.556	/	( ( 0	+	0 )	/	2 )
=	-11.556	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(33.559	+	0	+	0)
=	-33.559

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(32.051	+	0	+	0)
=	-32.051

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Belpointe PREP LLC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-10.327	/	228.227
	=	-4.52 %

Belpointe PREP LLC EBIT Related Terms

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Belpointe PREP LLC (Belpointe PREP LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Belpointe PREP LLC (AMEX:OZ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Glenville Road, Greenwich, CT, USA, 06831

Website

https://www.belpointe.com

Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories.

Executives

Dean W Drulias	director
Martin Lacoff	director, officer: Principal Financial Officer	515 W GREENS ROAD STE 720, HOUSTON TX 77067
Brandon E. Lacoff	director, officer: Chief Executive Officer	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Ronald Jr. Young	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Shawn Orser	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Timothy Oberweger	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWHICH CT 06831

Belpointe PREP LLC (Belpointe PREP LLC) Headlines

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