Advancer Global (SGX:43Q) EBIT : S$-4.10 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Advancer Global EBIT?

Advancer Global's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$-2.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$-4.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advancer Global's annualized ROC % for the quarter that ended in Dec. 2023 was -27.77%. Advancer Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -44.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Advancer Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -32.31%.

Advancer Global EBIT Historical Data

The historical data trend for Advancer Global'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.

Advancer Global EBIT Chart

Advancer Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

0.70

5.09

-4.01

-4.57

-4.10

Advancer Global Semi-Annual Data
	Dec13	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															-3.10	0.24	-4.81	-1.67	-2.44

Competitive Comparison of Advancer Global's EBIT

For the Staffing & Employment Services subindustry, Advancer Global'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.

Advancer Global's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Advancer Global's EV-to-EBIT distribution charts can be found below:

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

Advancer Global 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 S$-4.10 Mil.

Advancer Global (SGX:43Q) EBIT Explanation

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

Advancer Global'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 )
=	-6.1 * ( 1 - 0.08% )	/	( (22.162	+	21.729)	/ 2 )
=	-6.09512	/	21.9455
=	-27.77 %

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	))
=	43.931	-	2.066	-	( 19.703	-	max(0, 8.394	-	35.464	+	19.703	))
=	22.162

	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	))
=	43.653	-	2.799	-	( 19.125	-	max(0, 10.478	-	35.184	+	19.125	))
=	21.729

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:

Advancer Global'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 )
=	-4.874	/	( ( (4.687 + max(5.482, 0))	+	(4.759 + max(7.034, 0)) )	/	2 )
=	-4.874	/	( ( 10.169	+	11.793 )	/	2 )
=	-4.874	/	10.981
=	-44.39 %

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)
=	(9.924	+	0.815	+	1.709)	-	(2.066	+	0	+	4.9)
=	5.482

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(15.281	+	0.778	+	0)	-	(2.799	+	0	+	6.226)
=	7.034

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-4.104	/	12.703
	=	-32.31 %

Advancer Global EBIT Related Terms

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

Advancer Global (SGX:43Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advancer Global Ltd (SGX:43Q) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 Jurong Gateway Road, Number 05-317, Singapore, SGP, 600135

Website

https://www.advancer.sg

Advancer Global Ltd is engaged in providing employment services, facilities management services, and security services. The company operates in three business segment that is Employment Services Business, which provide services for the sourcing, employment and training of FDWs to households, Building Management Services, which provides integrated building facility management services including property consultancy, property and facilities management services, property valuation, and Security Services Business, which provide manpower and technology for security solutions and services to, amongst others, commercial, industrial and residential properties. The Building Management Services Segment generates maximum revenue for the company.

Advancer Global (SGX:43Q) Headlines

No Headlines