The E W Scripps Co (FRA:SQ6B) EBIT : €-653 Mil (TTM As of Mar. 2024)

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What is The E W Scripps Co EBIT?

The E W Scripps Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-653 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The E W Scripps Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.16%. The E W Scripps Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 32.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The E W Scripps Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -19.47%.

The E W Scripps Co EBIT Historical Data

The historical data trend for The E W Scripps Co'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.

The E W Scripps Co EBIT Chart

The E W Scripps Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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73.44

248.26

311.74

413.09

-691.42

The E W Scripps Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															15.05	-573.89	51.21	-186.15	55.56

Competitive Comparison of The E W Scripps Co's EBIT

For the Broadcasting subindustry, The E W Scripps Co'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.

The E W Scripps Co's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The E W Scripps Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The E W Scripps Co's EV-to-EBIT falls into.

The E W Scripps Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-653 Mil.

The E W Scripps Co (FRA:SQ6B) EBIT Explanation

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

The E W Scripps Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	179.316 * ( 1 - 70.28% )	/	( (4631.394	+	4589.298)	/ 2 )
=	53.2927152	/	4610.346
=	1.16 %

where

	Invested Capital		(Q: Dec. 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	))
=	4961.08	-	297.298	-	( 32.388	-	max(0, 438.16	-	619.977	+	32.388	))
=	4631.394

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	4901.599	-	284.49	-	( 27.811	-	max(0, 411.057	-	588.284	+	27.811	))
=	4589.298

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

The E W Scripps Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	222.22	/	( ( (508.43 + max(163.745, 0))	+	(514.148 + max(163.779, 0)) )	/	2 )
=	222.22	/	( ( 672.175	+	677.927 )	/	2 )
=	222.22	/	675.051
=	32.92 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(559.866	+	0	+	27.723)	-	(297.298	+	11.17	+	115.376)
=	163.745

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(521.37	+	0	+	39.103)	-	(284.49	+	12.765	+	99.439)
=	163.779

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

The E W Scripps Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-653.275	/	3354.621
	=	-19.47 %

The E W Scripps Co EBIT Related Terms

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The E W Scripps Co (FRA:SQ6B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The E W Scripps Co (FRA:SQ6B) » Definitions » EBIT

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Traded in Other Exchanges

SSP:USA

Address

312 Walnut Street, Suite 2800, Scripps Center, Cincinnati, OH, USA, 45202

Website

https://www.scripps.com

The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 61 local broadcast stations and their related digital operations.

The E W Scripps Co (FRA:SQ6B) Headlines

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