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Ensurance (ASX:ENA) EBIT : A$0.45 Mil (TTM As of Jun. 2023)


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What is Ensurance EBIT?

Ensurance's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was A$1.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was A$0.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ensurance's annualized ROC % for the quarter that ended in Jun. 2023 was 17.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ensurance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 2.26%.


Ensurance EBIT Historical Data

The historical data trend for Ensurance'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.

Ensurance EBIT Chart

Ensurance Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.57 -2.20 -0.65 0.45 0.45

Ensurance Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.68 0.38 0.07 -1.53 1.98

Competitive Comparison of Ensurance's EBIT

For the Insurance Brokers subindustry, Ensurance'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.


Ensurance's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ensurance's EV-to-EBIT distribution charts can be found below:

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



Ensurance 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.45 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.


Ensurance  (ASX:ENA) EBIT Explanation

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

Ensurance's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=3.954 * ( 1 - 0% )/( (30.0553 + 14.2508)/ 2 )
=3.954/22.15305
=17.85 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=31.106 - 0.31 - ( 0.826 - 5% * 1.706 )
=30.0553

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=20.046 - 0.483 - ( 5.428 - 5% * 2.316 )
=14.2508

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=0.449/19.846
=2.26 %

* 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.


Ensurance EBIT Related Terms

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Ensurance (ASX:ENA) Business Description

Traded in Other Exchanges
N/A
Address
101 Grafton Street, Level 21, Westfield Tower 2, Bondi Junction, Sydney, NSW, AUS, 2022
Ensurance Ltd is a holding company that operates in the insurance industry. The business of the company includes insurance brokerage, underwriting agency, and IT solutions. The products of the company include home and content insurance, owner builder insurance, trades insurance, and specified construction insurance. It operates in two reportable segments being the business in the UK and the head office in Australia. Mainstream revenue consists of commission and administration fees associated with the placement of insurance contracts. Key revenue comes from the underwriting commission whereas geographically from UK operations.

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