GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Balkan and Sea Properties Reit-Varna (XBUL:BSP) » Definitions » EBIT

Balkan and Sea Properties Reit-Varna (XBUL:BSP) EBIT : лв3.57 Mil (TTM As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Balkan and Sea Properties Reit-Varna EBIT?

Balkan and Sea Properties Reit-Varna's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was лв0.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was лв3.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Balkan and Sea Properties Reit-Varna's annualized ROC % for the quarter that ended in Sep. 2024 was 0.68%. Balkan and Sea Properties Reit-Varna's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Balkan and Sea Properties Reit-Varna's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.72%.


Balkan and Sea Properties Reit-Varna EBIT Historical Data

The historical data trend for Balkan and Sea Properties Reit-Varna'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.

Balkan and Sea Properties Reit-Varna EBIT Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.42 1.86 4.45 2.45

Balkan and Sea Properties Reit-Varna 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 2.70 -0.23 -0.19 3.58 0.41

Competitive Comparison of Balkan and Sea Properties Reit-Varna's EBIT

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna'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.


Balkan and Sea Properties Reit-Varna's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Balkan and Sea Properties Reit-Varna's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's EV-to-EBIT falls into.



Balkan and Sea Properties Reit-Varna 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 лв3.57 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.


Balkan and Sea Properties Reit-Varna  (XBUL:BSP) EBIT Explanation

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

Balkan and Sea Properties Reit-Varna'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 )
=0.72 * ( 1 - 0% )/( (108.032 + 104.82)/ 2 )
=0.72/106.426
=0.68 %

where

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

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

Balkan and Sea Properties Reit-Varna'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 )
=1.644/( ( (3.155 + max(30.121, 0)) + (3.15 + max(35.45, 0)) )/ 2 )
=1.644/( ( 33.276 + 38.6 )/ 2 )
=1.644/35.938
=4.57 %

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)
=(15.819 + 0 + 39.69) - (24.662 + 0 + 0.726)
=30.121

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.906 + 0 + 36.23) - (13.225 + 0 + 0.461)
=35.45

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:

Balkan and Sea Properties Reit-Varna's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3.566/207.850
=1.72 %

* 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.


Balkan and Sea Properties Reit-Varna EBIT Related Terms

Thank you for viewing the detailed overview of Balkan and Sea Properties Reit-Varna's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Balkan and Sea Properties Reit-Varna Business Description

Traded in Other Exchanges
N/A
Address
14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.

Balkan and Sea Properties Reit-Varna Headlines

No Headlines