Signify Health (Signify Health) EBIT : $-116.0 Mil (TTM As of Dec. 2022)

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What is Signify Health EBIT?

Signify Health's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $650.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-116.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Signify Health's annualized ROC % for the quarter that ended in Dec. 2022 was 39.80%. Signify Health's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 5,701.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Signify Health's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -1.63%.

Signify Health EBIT Historical Data

The historical data trend for Signify Health'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.

Signify Health EBIT Chart

Signify Health Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

-7.30

-7.20

-16.50

68.30

-116.00

Signify Health Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
EBIT	Get a 7-Day Free Trial										77.00	-18.30	-480.20	-267.50	650.00

Competitive Comparison of Signify Health's EBIT

For the Health Information Services subindustry, Signify Health'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.

Signify Health's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Signify Health's EV-to-EBIT distribution charts can be found below:

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

Signify Health 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-116.0 Mil.

Signify Health (NYSE:SGFY) EBIT Explanation

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

Signify Health's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	552.4 * ( 1 - 6.69% )	/	( (1236.4	+	1353.9)	/ 2 )
=	515.44444	/	1295.15
=	39.80 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	1721.5	-	116.3	-	( 461.6	-	max(0, 409	-	777.8	+	461.6	))
=	1236.4

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	1744.1	-	84.1	-	( 466.1	-	max(0, 490.4	-	796.5	+	466.1	))
=	1353.9

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Signify Health's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2600	/	( ( (47 + max(-156, 0))	+	(44.2 + max(-183.1, 0)) )	/	2 )
=	2600	/	( ( 47	+	44.2 )	/	2 )
=	2600	/	45.6
=	5,701.75 %

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(181.4	+	0	+	68.1)	-	(116.3	+	13.4	+	275.8)
=	-156

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(156.4	+	0	+	147.4)	-	(84.1	+	4.4	+	398.4)
=	-183.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-116	/	7107.227
	=	-1.63 %

Signify Health EBIT Related Terms

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Signify Health (Signify Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Signify Health Inc (NYSE:SGFY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 Connecticut Avenue, 3rd Floor, Norwalk, CT, USA, 06854

Website

http://www.signifyhealth.com

Signify Health Inc is a healthcare technology company that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. The customers include health plans, governments, employers, health systems and physician groups. Its operating segment includes Home and Community Services and Episodes of Care Services. The company generates maximum revenue from the Home and Community Services segment.

Executives

David Pierre	officer: Chief Operating Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Paymon Farazi	officer: Chief Product Officer	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Tim Gronniger	officer: Ch. Value-Based Sols. Off	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Vivian E. Riefberg	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Adam Mcananey	officer: General Counsel and Secretary	800 CONNECTICUT AVENUE, NORWALK CT 06854
Marc D Rothman	officer: Chief Medical Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kyle B. Peterson	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Taj J. Clayton	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Josh Builder	officer: Chief Technology Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Heather Brianne Dixon	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Steve Senneff	officer: Pres. Chief Fin. & Admin. Off.	C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346
Bradford Kyle Armbrester	director, officer: Chief Executive Officer	311 ARSENAL STREET, WATERTOWN MA 02472
Albert A Notini	director	C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Kevin M Mcnamara	director	2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Matthew S. Holt	director	C/O NEW MOUNTAIN CAPITAL, LLC, 787 SEVENTH AVENUE, 49TH FLOOR, NEW YORK NY 10019