GURUFOCUS.COM » STOCK LIST » Technology » Software » Dye & Durham Ltd (TSX:DND) » Definitions » EBIT

Dye & Durham (TSX:DND) EBIT : C$-51.4 Mil (TTM As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Dye & Durham EBIT?

Dye & Durham's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$24.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-51.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dye & Durham's annualized ROC % for the quarter that ended in Sep. 2024 was 3.73%. Dye & Durham's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 400.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dye & Durham's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.73%.


Dye & Durham EBIT Historical Data

The historical data trend for Dye & Durham'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.

Dye & Durham EBIT Chart

Dye & Durham Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only 6.78 -14.48 99.42 -71.01 -54.34

Dye & Durham Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.31 -2.49 8.73 -81.88 24.20

Competitive Comparison of Dye & Durham's EBIT

For the Software - Application subindustry, Dye & Durham'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.


Dye & Durham's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Dye & Durham's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dye & Durham's EV-to-EBIT falls into.



Dye & Durham 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-51.4 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.


Dye & Durham  (TSX:DND) EBIT Explanation

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

Dye & Durham's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=82.884 * ( 1 - -6.62% )/( (2148.812 + 2591.925)/ 2 )
=88.3709208/2370.3685
=3.73 %

where

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))
=2243.575 - 84.441 - ( 80.316 - max(0, 180.075 - 190.397+80.316))
=2148.812

Invested Capital(Q: Sep. 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))
=2310.668 - 80.955 - ( 58.425 - max(0, 531.558 - 169.346+58.425))
=2591.925

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Dye & Durham's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=96.78/( ( (23.89 + max(-42.592, 0)) + (24.458 + max(-50.225, 0)) )/ 2 )
=96.78/( ( 23.89 + 24.458 )/ 2 )
=96.78/24.174
=400.35 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.664 + 0 + 13.417) - (84.441 + 14.743 + 53.489)
=-42.592

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.15 + 0 + 15.771) - (80.955 + 17.122 + 63.069)
=-50.225

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Dye & Durham's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-51.445/2970.061
=-1.73 %

* 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.


Dye & Durham EBIT Related Terms

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


Dye & Durham Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 1100, Toronto, ON, CAN, M5J 2V5
Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada which is its key revenue generating market, the United Kingdom and Ireland, and Australia. The customers include law firms, financial service institutions, and government organizations.
Executives
Plantro Ltd. 10% Security Holder
Onemove Capital Ltd. (formerly Seastone Invest Limited) 10% Security Holder
David Macdonald Director
Leslie O'donoghue Director
Charles Ford Maccready Senior Officer
Brian Lloyd Derksen Director
John Robinson Senior Officer
Avjit Kamboj Senior Officer

Dye & Durham Headlines

No Headlines