CatchMark Timber Trust (CatchMark Timber Trust) EBIT : $68.19 Mil (TTM As of Jun. 2022)

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What is CatchMark Timber Trust EBIT?

CatchMark Timber Trust's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-1.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $68.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CatchMark Timber Trust's annualized ROC % for the quarter that ended in Jun. 2022 was -1.76%. CatchMark Timber Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -48.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CatchMark Timber Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 8.76%.

CatchMark Timber Trust EBIT Historical Data

The historical data trend for CatchMark Timber Trust'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.

CatchMark Timber Trust EBIT Chart

CatchMark Timber Trust Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

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-2.32

-105.75

-75.83

-1.76

71.76

CatchMark Timber Trust Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EBIT	Get a 7-Day Free Trial															5.09	26.52	37.77	5.69	-1.78

Competitive Comparison of CatchMark Timber Trust's EBIT

For the REIT - Specialty subindustry, CatchMark Timber Trust'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.

CatchMark Timber Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CatchMark Timber Trust's EV-to-EBIT distribution charts can be found below:

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

CatchMark Timber Trust 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $68.19 Mil.

CatchMark Timber Trust (NYSE:CTT) EBIT Explanation

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

CatchMark Timber Trust's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

	ROC % (Q: Jun. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Jun. 2022 ))	/ count )
=	-8.356 * ( 1 - 0% )	/	( (476.265	+	474.497)	/ 2 )
=	-8.356	/	475.381
=	-1.76 %

where

	Invested Capital		(Q: Mar. 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	))
=	506.433	-	2.773	-	( 27.395	-	max(0, 2.773	-	39.761	+	27.395	))
=	476.265

	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	))
=	515.367	-	7.143	-	( 33.727	-	max(0, 7.143	-	55.758	+	33.727	))
=	474.497

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

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

CatchMark Timber Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Jun. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-7.124	/	( ( (2.45 + max(9.593, 0))	+	(2.371 + max(14.888, 0)) )	/	2 )
=	-7.124	/	( ( 12.043	+	17.259 )	/	2 )
=	-7.124	/	14.651
=	-48.62 %

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.187	+	0	+	9.179)	-	(2.773	+	0	+	0)
=	9.593

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.852	+	0	+	18.179)	-	(7.143	+	0	+	0)
=	14.888

When net working capital is negative, 0 is used.

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

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

CatchMark Timber Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2022 )
	=	68.194	/	778.291
	=	8.76 %

CatchMark Timber Trust EBIT Related Terms

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CatchMark Timber Trust (CatchMark Timber Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CatchMark Timber Trust Inc (NYSE:CTT) » Definitions » EBIT

Comparable Companies

NLCP AFCG PW FPI CXW AMT CCI EQIX SBAC WY IRM GLPI LAMR RYN ASX:ARF PCH EPR ASX:WPR HASI OUT

Traded in Other Exchanges

N/A

Address

5 Concourse Parkway, Suite 2650, Atlanta, GA, USA, 30328

Website

https://www.catchmark.com

CatchMark Timber Trust Inc is a United States-based real estate investment trust. The company acquires, owns, operates, manages, and disposes of timberland properties. The company's operating segments are Harvest, Real Estate, and Investment Management. The majority of its revenue comes from the Harvest segment, which includes wholly-owned timber assets and associated timber sales.

Executives

Brian M Davis	officer: Senior VP and CFO	5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Ursula Godoy-arbelaez	officer: CFO, SVP and Treasurer	5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
James M Decosmo	director	5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Tim E Bentsen	director	5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Donald S Moss	director	9165 ETCHING OVERLOOK, DULUTH GA 30097
Henry G Zigtema	director	2620 FLINT CREEK DRIVE CUMMING GA 30041
Jerry Barag	officer: President & CEO	427 LANGLEY OAK DRIVE MARIETTA GA 30067
Todd Reitz	officer: SVP, Forest Resources	4870 HANSARD DR CUMMING GA 30040
Paul S Fisher	director
Lesley H Solomon	officer: General Counsel	1666 DUNCAN DRIVE ATLANTA GA 30318
Mary E Mcbride	director	6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Douglas Rubenstein	director	C/O CATCHMARK TIMBER TRUST INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
John F Rasor	officer: COO and Secretary
Willis J Potts	director	C/O CATCHMARK TIMBER TRUST, INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Alan D Gold	director	17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128