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1834 Investments (XJAM:1834) EBIT : JMD-44.89 Mil (TTM As of Sep. 2022)


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What is 1834 Investments EBIT?

1834 Investments's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was JMD-14.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was JMD-44.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 1834 Investments's annualized ROC % for the quarter that ended in Sep. 2022 was -3.69%. 1834 Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -224,045.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 1834 Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -3.44%.


1834 Investments EBIT Historical Data

The historical data trend for 1834 Investments'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.

1834 Investments EBIT Chart

1834 Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.55 16.78 51.90 87.72 11.02

1834 Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -9.91 -14.72 20.50 -35.83 -14.84

Competitive Comparison of 1834 Investments's EBIT

For the Asset Management subindustry, 1834 Investments'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.


1834 Investments's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 1834 Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 1834 Investments's EV-to-EBIT falls into.



1834 Investments 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD-44.89 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.


1834 Investments  (XJAM:1834) EBIT Explanation

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

1834 Investments's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-40.436 * ( 1 - -18.82% )/( (1314.27 + 1288.851)/ 2 )
=-48.0460552/1301.5605
=-3.69 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=1798.887 - 268.735 - ( 215.882 - max(0, 328.95 - 637.626+215.882))
=1314.27

Invested Capital(Q: Sep. 2022 )
=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))
=1770.769 - 268.389 - ( 213.529 - max(0, 322.726 - 624.587+213.529))
=1288.851

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

1834 Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-59.372/( ( (0.027 + max(-201.039, 0)) + (0.026 + max(-217.299, 0)) )/ 2 )
=-59.372/( ( 0.027 + 0.026 )/ 2 )
=-59.372/0.0265
=-224,045.28 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.743 + 0 + 31.953) - (268.735 + 0 + -5.6843418860808E-14)
=-201.039

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.418 + 0 + 32.672) - (268.389 + 0 + 0)
=-217.299

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

1834 Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-44.893/1306.413
=-3.44 %

* 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.


1834 Investments EBIT Related Terms

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1834 Investments (XJAM:1834) Business Description

Traded in Other Exchanges
N/A
Address
7 North Street, P.O. Box 40, Kingston, JAM
1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.

1834 Investments (XJAM:1834) Headlines

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