GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Linkage Global Inc (NAS:LGCB) » Definitions » EBIT

Linkage Global (Linkage Global) EBIT : $-0.70 Mil (TTM As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Linkage Global EBIT?

Linkage Global's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $-1.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Linkage Global's annualized ROC % for the quarter that ended in Sep. 2023 was -37.84%. Linkage Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -73.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Linkage Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.19%.

Linkage Global EBIT Historical Data

The historical data trend for Linkage Global'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.

Linkage Global EBIT Chart

Linkage Global Annual Data
Trend Sep21 Sep22 Sep23
EBIT
0.88 1.22 -0.70

Linkage Global Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
EBIT - 0.85 0.37 0.89 -1.59

Competitive Comparison of Linkage Global's EBIT

For the Internet Retail subindustry, Linkage Global'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.

Linkage Global's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Linkage Global's EV-to-EBIT distribution charts can be found below:

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


Linkage Global 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 semi-annually data reported by the company within the most recent 12 months, which was $-0.70 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.

Linkage Global  (NAS:LGCB) EBIT Explanation

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

Linkage Global'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: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-2.734 * ( 1 - 20.68% )/( (5.338 + 6.124)/ 2 )
=-2.1686088/5.731
=-37.84 %

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))
=11.125 - 2.286 - ( 3.501 - max(0, 3.551 - 9.187+3.501))
=5.338

Invested Capital(Q: Sep. 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))
=10.634 - 3.403 - ( 1.107 - max(0, 4.7 - 9.646+1.107))
=6.124

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Linkage Global'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: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.17/( ( (1.365 + max(2.391, 0)) + (0.784 + max(4.049, 0)) )/ 2 )
=-3.17/( ( 3.756 + 4.833 )/ 2 )
=-3.17/4.2945
=-73.82 %

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)
=(2.438 + 0.136 + 2.607) - (2.286 + 0.461 + 0.043)
=2.391

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.011 + 0.68 + 5.336) - (3.403 + 0.53 + 0.045)
=4.049

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-0.696/58.596
=-1.19 %

* 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.

Linkage Global EBIT Related Terms

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

Linkage Global (Linkage Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Linkage Global Inc (NAS:LGCB) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Website
https://www.linkagecc.com
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

Linkage Global (Linkage Global) Headlines

From GuruFocus

Linkage Global Inc Regains Compliance with Nasdaq Filing Requirement

By Marketwired • 04-17-2024