Aktiv Properties REIT (XBUL:AKTV) EBIT : лв3.40 Mil (TTM As of Dec. 2023)

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What is Aktiv Properties REIT EBIT?

Aktiv Properties REIT's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was лв-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was лв3.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aktiv Properties REIT's annualized ROC % for the quarter that ended in Dec. 2023 was -1.12%. Aktiv Properties REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aktiv Properties REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.70%.

Aktiv Properties REIT EBIT Historical Data

The historical data trend for Aktiv Properties REIT'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.

Aktiv Properties REIT EBIT Chart

Aktiv Properties REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1.40

-0.15

2.52

2.08

3.40

Aktiv Properties REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															2.14	3.36	-0.11	0.29	-0.14

Competitive Comparison of Aktiv Properties REIT's EBIT

For the REIT - Office subindustry, Aktiv Properties REIT'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.

Aktiv Properties REIT's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aktiv Properties REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aktiv Properties REIT's EV-to-EBIT falls into.

Aktiv Properties REIT 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 quarterly data reported by the company within the most recent 12 months, which was лв3.40 Mil.

Aktiv Properties REIT (XBUL:AKTV) EBIT Explanation

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

Aktiv Properties REIT'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.728 * ( 1 - 0% )	/	( (65.554	+	64.947)	/ 2 )
=	-0.728	/	65.2505
=	-1.12 %

where

	Invested Capital		(Q: Sep. 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	))
=	66.964	-	1.269	-	( 0.141	-	max(0, 1.844	-	20.718	+	0.141	))
=	65.554

	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	))
=	66.003	-	1.02	-	( 0.036	-	max(0, 1.766	-	19.735	+	0.036	))
=	64.947

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Aktiv Properties REIT'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.564	/	( ( (1.242 + max(18.704, 0))	+	(1.242 + max(18.039, 0)) )	/	2 )
=	-0.564	/	( ( 19.946	+	19.281 )	/	2 )
=	-0.564	/	19.6135
=	-2.88 %

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)
=	(0.008	+	0	+	20.495)	-	(1.269	+	0	+	0.53)
=	18.704

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.006	+	0	+	19.619)	-	(1.02	+	0	+	0.566)
=	18.039

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Aktiv Properties REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	3.4	/	59.652
	=	5.70 %

Aktiv Properties REIT EBIT Related Terms

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Aktiv Properties REIT (XBUL:AKTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Aktiv Properties REIT (XBUL:AKTV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Tsarigradsko Shosse Boulevard, Floor 4, Sofia, BGR

Website

http://www.aktivproperties.com

Aktiv Properties REIT is a joint stock company with special investment purpose of securitization of real estate. It carries out the business of investing cash resources, raised by issuing securities into real estates.

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