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Cassel Capital (STU:GU0) EBIT : €-4.39 Mil (TTM As of Mar. 2024)


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What is Cassel Capital EBIT?

Cassel Capital's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was €-1.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-4.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cassel Capital's annualized ROC % for the quarter that ended in Mar. 2024 was -52.48%. Cassel Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -78.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cassel Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -106.42%.


Cassel Capital EBIT Historical Data

The historical data trend for Cassel Capital'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.

Cassel Capital EBIT Chart

Cassel Capital Annual Data
Trend Sep20 Sep21 Sep22
EBIT
- -10.29 -9.81

Cassel Capital Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial -5.91 -4.16 -2.45 -2.43 -1.97

Competitive Comparison of Cassel Capital's EBIT

For the Shell Companies subindustry, Cassel Capital'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.


Cassel Capital's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cassel Capital's EV-to-EBIT distribution charts can be found below:

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


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Cassel Capital 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-4.39 Mil.

* 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.


Cassel Capital  (STU:GU0) EBIT Explanation

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

Cassel Capital's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-3.938 * ( 1 - 0% )/( (7.232 + 7.775)/ 2 )
=-3.938/7.5035
=-52.48 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Cassel Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.934/( ( (5.216 + max(-2.249, 0)) + (4.861 + max(-2.891, 0)) )/ 2 )
=-3.934/( ( 5.216 + 4.861 )/ 2 )
=-3.934/5.0385
=-78.08 %

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)
=(0.217 + 0 + 0.124) - (1.379 + 0 + 1.211)
=-2.249

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.164 + 0 + 0.147) - (2.062 + 0 + 2.14)
=-2.891

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.394/4.129
=-106.42 %

* 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.


Cassel Capital EBIT Related Terms

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Cassel Capital Business Description

Traded in Other Exchanges
Address
2 Chance Street, London, GBR, E1 6JT
Cassel Capital PLC is seeking new opportunities for acquisition or investment in sectors where the company can deliver long-term value to its shareholders.

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