Eline Entertainment Group (Eline Entertainment Group) EBIT : $-0.03 Mil (TTM As of Jun. 2023)

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What is Eline Entertainment Group EBIT?

Eline Entertainment Group's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.03 Mil.

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

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eline Entertainment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -3.04%.

Eline Entertainment Group EBIT Historical Data

The historical data trend for Eline Entertainment Group'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.

Eline Entertainment Group EBIT Chart

Eline Entertainment Group Annual Data

Trend

Oct00

Oct01

Oct02

Oct03

Oct04

Oct05

Dec21

Dec22

EBIT

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-0.52

-0.92

0.06

-0.02

Eline Entertainment Group Quarterly Data
	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT	Get a 7-Day Free Trial															-0.02	-	-	-0.02	-0.01

Competitive Comparison of Eline Entertainment Group's EBIT

For the Shell Companies subindustry, Eline Entertainment Group'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.

Eline Entertainment Group's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Eline Entertainment Group's EV-to-EBIT distribution charts can be found below:

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

Eline Entertainment Group 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 quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Eline Entertainment Group (OTCPK:EEGI) EBIT Explanation

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

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

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-0.028 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.028	/	0
=	%

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	0	-	0.019	-	( 0	-	max(0, 0.019	-	0	+	0	))
=	0

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	0	-	0.026	-	( 0	-	max(0, 0.026	-	0	+	0	))
=	0

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

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

Eline Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.028	/	( ( (0 + max(-0.019, 0))	+	(0 + max(-0.026, 0)) )	/	1 )
=	-0.028	/	( ( 0	+	0 )	/	1 )
=	-0.028	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.019	+	0	+	0)
=	-0.019

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.026	+	0	+	0)
=	-0.026

When net working capital is negative, 0 is used.

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

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

Eline Entertainment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-0.026	/	0.854
	=	-3.04 %

Eline Entertainment Group EBIT Related Terms

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Eline Entertainment Group (Eline Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Eline Entertainment Group Inc (OTCPK:EEGI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Suite 1113, Tower 2, Lippo Centre, Admiralty, HKG

Website

http://www.elinegrp.com

Eline Entertainment Group Inc is a developmental stage company. Its plan of business has not been implemented but will involve mergers and acquisitions of operating companies .

Executives

Barry A Rothman	officer: President	20118 OCEAN KEY DRIVE, BOCA RATON FL 33498
Jayme Dorrough	director, 10 percent owner

Eline Entertainment Group (Eline Entertainment Group) Headlines

From GuruFocus

Eline Entertainment Group (OTC:EEGI) Submits Updated Filings

By PRNewswire PRNewswire • 07-29-2021