Lion Group Holding (Lion Group Holding) EBIT : $-3.41 Mil (TTM As of Dec. 2023)

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What is Lion Group Holding EBIT?

Lion Group Holding's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-5.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lion Group Holding's annualized ROC % for the quarter that ended in Dec. 2023 was -50.74%. Lion Group Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -65.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lion Group Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.66%.

Lion Group Holding EBIT Historical Data

The historical data trend for Lion Group Holding'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.

Lion Group Holding EBIT Chart

Lion Group Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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9.01

-2.39

0.84

-31.64

-3.41

Lion Group Holding Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial						9.97	-21.38	-10.26	2.24	-5.65

Competitive Comparison of Lion Group Holding's EBIT

For the Capital Markets subindustry, Lion Group Holding'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.

Lion Group Holding's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lion Group Holding's EV-to-EBIT distribution charts can be found below:

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

Lion Group Holding 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.41 Mil.

Lion Group Holding (NAS:LGHL) EBIT Explanation

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

Lion Group Holding's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-13.094 * ( 1 - 0% )	/	( (25.958	+	25.651)	/ 2 )
=	-13.094	/	25.8045
=	-50.74 %

where

	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	))
=	93.625	-	59.091	-	( 32.598	-	max(0, 61.199	-	69.775	+	32.598	))
=	25.958

	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	))
=	74.545	-	39.807	-	( 33.477	-	max(0, 44.342	-	53.429	+	33.477	))
=	25.651

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

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

Lion Group Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.304	/	( ( (13.825 + max(-23.357, 0))	+	(20.438 + max(-23.811, 0)) )	/	2 )
=	-11.304	/	( ( 13.825	+	20.438 )	/	2 )
=	-11.304	/	17.1315
=	-65.98 %

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)
=	(33.301	+	0	+	3.825)	-	(59.091	+	0	+	1.392)
=	-23.357

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.853	+	0	+	6.031)	-	(39.807	+	0	+	3.888)
=	-23.811

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.413	/	-29.276
	=	11.66 %

Lion Group Holding EBIT Related Terms

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Lion Group Holding (Lion Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lion Group Holding Ltd (NAS:LGHL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Phillip Street, Room No.15-04 Royal Group Building, Tower A, Billion Center, Kowloon Bay, Singapore, SGP, 048693

Website

https://www.liongroupholdings.com

Lion Group Holding Ltd is an asset management company. Also, the company provides wealth management, risk management, and other services. Also, the company offers CFD trading services, insurance brokerage services, futures brokerage services, and securities brokerage services.