Alliance Healthcare Group (SGX:MIJ) EBIT : S$0.90 Mil (TTM As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Alliance Healthcare Group EBIT?

Alliance Healthcare Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was S$-0.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was S$0.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alliance Healthcare Group's annualized ROC % for the quarter that ended in Jun. 2024 was 13.97%. Alliance Healthcare Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alliance Healthcare Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.26%.

Alliance Healthcare Group EBIT Historical Data

The historical data trend for Alliance Healthcare Group'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.

Alliance Healthcare Group EBIT Chart

Alliance Healthcare Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

Get a 7-Day Free Trial

3.28

2.61

5.18

2.58

0.90

Alliance Healthcare Group Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial										2.27	1.92	0.66	1.31	-0.42

Competitive Comparison of Alliance Healthcare Group's EBIT

For the Medical Care Facilities subindustry, Alliance Healthcare Group'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.

Alliance Healthcare Group's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

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

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

Alliance Healthcare Group 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 S$0.90 Mil.

Alliance Healthcare Group (SGX:MIJ) EBIT Explanation

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

Alliance Healthcare Group'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 )
=	6.874 * ( 1 - 29.42% )	/	( (28.281	+	41.153)	/ 2 )
=	4.8516692	/	34.717
=	13.97 %

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	))
=	73.767	-	31.447	-	( 18.167	-	max(0, 37.375	-	51.414	+	18.167	))
=	28.281

	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	))
=	82.903	-	38.339	-	( 18.571	-	max(0, 53.991	-	57.402	+	18.571	))
=	41.153

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:

Alliance Healthcare Group'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 )
=	-0.832	/	( ( (15.342 + max(1.575, 0))	+	(17.329 + max(-0.20200000000001, 0)) )	/	2 )
=	-0.832	/	( ( 16.917	+	17.329 )	/	2 )
=	-0.832	/	17.123
=	-4.86 %

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)
=	(28.347	+	3.419	+	1.481)	-	(31.447	+	0	+	0.225)
=	1.575

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(34.022	+	3.604	+	1.205)	-	(38.339	+	0	+	0.694)
=	-0.20200000000001

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:

Alliance Healthcare Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	0.898	/	27.577
	=	3.26 %

Alliance Healthcare Group EBIT Related Terms

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

Alliance Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alliance Healthcare Group Ltd (SGX:MIJ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Bukit Batok Crescent, No.07-12 The Elitist, Singapore, SGP, 658066

Website

https://www.alliancehealthcare.com.sg

Alliance Healthcare Group Ltd is an investment holding company. The segments of the company involve General Practitioner ("GP") clinic services, Specialist care services, Pharmaceutical services, Managed healthcare solutions; and Mobile and digital health services. It generates maximum revenue from the GP clinic services segment. The GP clinic services segment is in the business of the provision of primary healthcare medical services by general practitioners. Geographically, it derives a majority of revenue from Singapore and also has a presence in Europe and the Asia Pacific Region.

Alliance Healthcare Group Headlines

No Headlines