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Clearday (Clearday) EBIT : $-10.87 Mil (TTM As of Sep. 2023)


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What is Clearday EBIT?

Clearday's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-1.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-10.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clearday's annualized ROC % for the quarter that ended in Sep. 2023 was -8.70%. Clearday's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -104.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clearday's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -18.38%.


Clearday EBIT Historical Data

The historical data trend for Clearday'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.

Clearday EBIT Chart

Clearday Annual Data
Trend Dec20 Dec21 Dec22
EBIT
-14.42 -20.60 -10.74

Clearday Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 -7.02 0.23 -2.48 -1.60

Competitive Comparison of Clearday's EBIT

For the Medical Care Facilities subindustry, Clearday'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.


Clearday's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Clearday's EV-to-EBIT distribution charts can be found below:

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



Clearday 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.87 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.


Clearday  (OTCPK:CLRD) EBIT Explanation

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

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

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-3.02 * ( 1 - 0% )/( (33.472 + 35.979)/ 2 )
=-3.02/34.7255
=-8.70 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Clearday's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.392/( ( (6.128 + max(-18.156, 0)) + (6.086 + max(-19.375, 0)) )/ 2 )
=-6.392/( ( 6.128 + 6.086 )/ 2 )
=-6.392/6.107
=-104.67 %

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)
=(0.382 + 0 + 0.152) - (11.929 + 0 + 6.761)
=-18.156

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.378) - (13.38 + 0 + 6.373)
=-19.375

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-10.869/59.135
=-18.38 %

* 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.


Clearday EBIT Related Terms

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


Clearday (Clearday) Business Description

Traded in Other Exchanges
N/A
Address
8800 Village Drive, Suite 106, San Antonio, TX, USA, 78217
Clearday Inc is a non-acute health care services company. It operates four residential care facilities and a daycare center that serve primarily older Americans and persons facing cognitive issues such as Alzheimer's and other forms of dementia. Some of its products include Clearday Network, Clearday at Home, Clearday Clubs, and memory care America.
Executives
James Walesa director, 10 percent owner, officer: Chief Executive Officer 1460 RENAISSANCE DR., #212, PARK RIDGE IL 60068
Watson Robert Glen Jr. director 602 ALTA AVENUE, SAN ANTONIO TX 78217
Billie Jay Parrish director, officer: Chief Operating Officer C/O CLEARDAY, INC., 8800 VILLAGE DRIVE, SUITE 106, SAN ANTONIO TX 78217
Elizabeth M. Caveness director 408 EAST CREEKVIEW DRIVE, HAMPSTEAD NC 28443
Alan H Channing director 263 W END AVE., APT 3A, NEW YORK NY 10023
Gary Sawina officer: Executive Vice President 17302 FOUNTAIN VIEW DRIVE, SAN ANTONIO TX 78248
Linda Carrasco officer: President Memory Care America 126 STEEL VALLEY DRIVE, BOERNE TX 78006
Richard M. Morris officer: Executive Vice President 11 AMALFI DRIVE, CORTLANDT MANOR NY 10567
Allied Integral United, Inc. 10 percent owner 2211 NW MILITARY HIGHWAY, SUITE 201, SAN ANTONIO TX 78213
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Kopp Family Office, Llc 10 percent owner 8500 NORMANDALE LAKE BOULEVARD, SUITE 475, BLOOMINGTON MN 55437
Dan L Halvorson director 4780 EASTGATE MALL, SAN DIEGO CA 92121
Kenneth E Pfeiffer officer: Vice President Engineering 460 WARD DRIVE, SANTA BARBARA CA 93111
Thomas R Giunta officer: VP Engineering 460 WARD DRIVE, SANTA BARBARA CA 93111
Xiaoxiong Zhang 10 percent owner 3/F, BLOCK B, 11 LANGSHAN RD, HI-TECH INDUSTRIAL PK, NANSHAN DISTRICT, SHENZHEN F4 518057