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Digital Core REIT (SGX:DCRU) EBIT : $-101.7 Mil (TTM As of Dec. 2023)


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What is Digital Core REIT EBIT?

Digital Core REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-132.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-101.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digital Core REIT's annualized ROC % for the quarter that ended in Dec. 2023 was 3.73%. Digital Core REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -323.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digital Core REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -7.61%.

Digital Core REIT EBIT Historical Data

The historical data trend for Digital Core 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.

Digital Core REIT EBIT Chart

Digital Core REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
EBIT
32.11 42.22 47.47 29.91 -101.67

Digital Core REIT Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only 24.05 33.32 -3.41 30.72 -132.39

Competitive Comparison of Digital Core REIT's EBIT

For the REIT - Specialty subindustry, Digital Core 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.

Digital Core REIT's EV-to-EBIT Distribution in the REITs Industry

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

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


Digital Core 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 semi-annually data reported by the company within the most recent 12 months, which was $-101.7 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.

Digital Core REIT  (SGX:DCRU) EBIT Explanation

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

Digital Core 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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=64.82 * ( 1 - 11.35% )/( (1599.938 + 1483.8)/ 2 )
=57.46293/1541.869
=3.73 %

where

Invested Capital(Q: Jun. 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))
=1622.913 - 19.547 - ( 16.998 - max(0, 24.438 - 27.866+16.998))
=1599.938

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))
=1509.037 - 13.136 - ( 12.101 - max(0, 23.042 - 199.051+12.101))
=1483.8

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Digital Core 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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-264.778/( ( (0 + max(-13.57, 0)) + (0 + max(163.844, 0)) )/ 2 )
=-264.778/( ( 0 + 163.844 )/ 2 )
=-264.778/81.922
=-323.21 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.104 + 0 + 2.764) - (19.547 + 0 + 4.891)
=-13.57

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.808 + 178 + 1.078) - (13.136 + 0 + 9.906)
=163.844

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-101.668/1335.432
=-7.61 %

* 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.

Digital Core REIT EBIT Related Terms

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Digital Core REIT (SGX:DCRU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Digital Core REIT (SGX:DCRU) » Definitions » EBIT
Comparable Companies
HKSE:06093 HKSE:02215 HKSE:00225 HKSE:02271 HKSE:01663 HKSE:00430 HKSE:00224 HKSE:00459 HKSE:09608 HKSE:00674 AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN
Traded in Other Exchanges
DGTCF:USA
Address
10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315
Website
https://www.digitalcorereit.com
Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. The company's geographical presence in North America (U.S. and Canada) and Germany. Company earns majority of its revenue from North America segment.

Digital Core REIT (SGX:DCRU) Headlines

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