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Safe & Green Development (Safe & Green Development) EBIT : $-4.80 Mil (TTM As of Mar. 2024)


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What is Safe & Green Development EBIT?

Safe & Green Development's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-2.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safe & Green Development's annualized ROC % for the quarter that ended in Mar. 2024 was -56.92%. Safe & Green Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -827.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safe & Green Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -32.72%.

Safe & Green Development EBIT Historical Data

The historical data trend for Safe & Green Development'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.

Safe & Green Development EBIT Chart

Safe & Green Development Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -2.14 -3.02

Safe & Green Development Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 -0.50 -0.58 -1.22 -2.50

Competitive Comparison of Safe & Green Development's EBIT

For the Real Estate - Development subindustry, Safe & Green Development'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.

Safe & Green Development's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Safe & Green Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Safe & Green Development's EV-to-EBIT falls into.


Safe & Green Development 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 quarterly data reported by the company within the most recent 12 months, which was $-4.80 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.

Safe & Green Development  (NAS:SGD) EBIT Explanation

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

Safe & Green Development'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-10.008 * ( 1 - 0% )/( (16.136 + 19.027)/ 2 )
=-10.008/17.5815
=-56.92 %

where

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))
=9.56 - 0.861 - ( 0.003 - max(0, 7.672 - 0.235+0.003))
=16.136

Invested Capital(Q: Mar. 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))
=11.813 - 1.561 - ( 0.078 - max(0, 9.263 - 0.488+0.078))
=19.027

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

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

Safe & Green Development'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.008/( ( (1.194 + max(-0.629, 0)) + (1.226 + max(-2.097, 0)) )/ 2 )
=-10.008/( ( 1.194 + 1.226 )/ 2 )
=-10.008/1.21
=-827.11 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.232) - (0.861 + 0 + 0)
=-0.629

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.41) - (1.561 + 0 + 0.946)
=-2.097

When net working capital is negative, 0 is used.

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

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

Safe & Green Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.803/14.681
=-32.72 %

* 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.

Safe & Green Development EBIT Related Terms

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Safe & Green Development (Safe & Green Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Safe & Green Development Corp (NAS:SGD) » Definitions » EBIT
Comparable Companies
AEI ILAL TPHS XIN HCDI SRRE FHRT KANP HKSE:00016 HKSE:01109 HKSE:00688 TSE:1925 SHSE:600048 HKSE:01113 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979 ADX:ALDAR HKSE:00960
Traded in Other Exchanges
N/A
Address
990 Biscayne Blvd, Suite 501, Office 12, Miami, FL, USA, 33132
Website
https://www.sgdevco.com
Safe & Green Development Corp is a real estate development company that focuses on the development of sites using purpose built, prefabricated modules built from both wood & steel, sourced from one of Safe & Green Holdings factories.
Executives
Paul M. Galvin director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Yaniv Blumenfeld director C/O SG BLOCKS, INC., 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
J. Scott Magrane director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
David Roberto Villarreal director, officer: Chief Executive Officer 17 STATE STREET, 19TH FLOOR, NEW YORK NY 10004
Safe & Green Holdings Corp. director 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
Peter G. Demaria director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Alyssa L. Richardson director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Nicolai Ayrton Brune officer: Chief Financial Officer 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132