GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LICT Corp (OTCPK:LICT) » Definitions » EBIT

LICT (LICT) EBIT : $36.1 Mil (TTM As of Dec. 2018)


View and export this data going back to 1999. Start your Free Trial

What is LICT EBIT?

LICT's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $7.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $36.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LICT's annualized ROC % for the quarter that ended in Dec. 2018 was 14.54%. LICT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 27.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


LICT EBIT Historical Data

The historical data trend for LICT'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.

LICT EBIT Chart

LICT Annual Data
Trend Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.51 15.59 14.45 26.93 36.12

LICT Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 7.21 7.04 10.60 11.13 7.36

Competitive Comparison of LICT's EBIT

For the Telecom Services subindustry, LICT'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.


LICT's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LICT's EV-to-EBIT distribution charts can be found below:

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



LICT 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.1 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.


LICT  (OTCPK:LICT) EBIT Explanation

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

LICT's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=30.9 * ( 1 - 18.99% )/( (160.451 + 183.888)/ 2 )
=25.03209/172.1695
=14.54 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

LICT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=29.42/( ( (92.042 + max(2.438, 0)) + (94.775 + max(23.071, 0)) )/ 2 )
=29.42/( ( 94.48 + 117.846 )/ 2 )
=29.42/106.163
=27.71 %

where Working Capital is:

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.167 + 5.064 + 2.482) - (13.275 + 0 + 0)
=2.438

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.701 + 4.735 + 23.107) - (13.472 + 0 + 0)
=23.071

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=36.115/0.000
= %

* 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.


LICT EBIT Related Terms

Thank you for viewing the detailed overview of LICT's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


LICT (LICT) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430
LICT Corp is a United States-based integrated provider of broadband, voice and video services. It provides high speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The Company also provides a number of other services, including video services through both traditional cable television services and internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chief Executive Officer 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director, other: Resigned as director 5-6-04 401 THEODORE FREMD AVE, RYE NY 10580
Frederic V Salerno director, other: Resigned as director on2-20-04 TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Vincent S Tese director, other: Resigned as director on2-20-04
Mjg Iv Limited Partnership 10 percent owner

LICT (LICT) Headlines

From GuruFocus

Wally Weitz's Hickory Fund 3rd-Quarter Commentary

By Sydnee Gatewood Sydnee Gatewood 10-22-2019

Wally Weitz's Hickory Fund 3rd-Quarter Letter

By Sydnee Gatewood 10-25-2021

Sidoti Virtual Investor Conference

By ACCESSWIRE ACCESSWIRE 09-23-2020