GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Large Cap Leaders Split Corp (TSX:NPS) » Definitions » EBIT

Canadian Large Cap Leaders Split (TSX:NPS) EBIT : C$ Mil (TTM As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Canadian Large Cap Leaders Split EBIT?

Canadian Large Cap Leaders Split's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was C$0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Canadian Large Cap Leaders Split's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. Canadian Large Cap Leaders Split's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Canadian Large Cap Leaders Split EBIT Historical Data

The historical data trend for Canadian Large Cap Leaders Split'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.

Canadian Large Cap Leaders Split EBIT Chart

Canadian Large Cap Leaders Split Annual Data
Trend
EBIT

Canadian Large Cap Leaders Split Quarterly Data
Mar24 Jun24
EBIT - -

Competitive Comparison of Canadian Large Cap Leaders Split's EBIT

For the Asset Management subindustry, Canadian Large Cap Leaders Split'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.


Canadian Large Cap Leaders Split's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Large Cap Leaders Split's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Canadian Large Cap Leaders Split's EV-to-EBIT falls into.



Canadian Large Cap Leaders Split 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 quarterly data reported by the company within the most recent 12 months, which was C$ 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.


Canadian Large Cap Leaders Split  (TSX:NPS) EBIT Explanation

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

Canadian Large Cap Leaders Split'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=0 * ( 1 - % )/( (19.037 + 18.546)/ 2 )
=0/18.7915
=0.00 %

where

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

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

Canadian Large Cap Leaders Split'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(-19.082, 0)) + (0 + max(-19.219, 0)) )/ 2 )
=0/( ( 0 + 0 )/ 2 )
=0/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.045 + 0 + 19.037)
=-19.082

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.673 + 0 + 18.546)
=-19.219

When net working capital is negative, 0 is used.

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

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

Canadian Large Cap Leaders Split's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=/-17.741
= %

* 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.


Canadian Large Cap Leaders Split EBIT Related Terms

Thank you for viewing the detailed overview of Canadian Large Cap Leaders Split's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Large Cap Leaders Split Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
200 Bay street, Suite 2700, Royal Bank Plaza, South Tower, Toronto, ON, CAN, M5J 2J1
Canadian Large Cap Leaders Split Corp is a mutual fund corporation. The company will be amended prior to closing to create the Preferred Shares and the Class A Shares. The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and the investment objectives for the Class A Shares are to provide their holders with regular monthly noncumulative cash distributions.