NewRiver REIT (NewRiver REIT) EBIT : $-9.83 Mil (TTM As of Sep. 2023)

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What is NewRiver REIT EBIT?

NewRiver REIT's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $6.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-9.83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NewRiver REIT's annualized ROC % for the quarter that ended in Sep. 2023 was 4.75%. NewRiver REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 842.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NewRiver REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.67%.

NewRiver REIT EBIT Historical Data

The historical data trend for NewRiver REIT'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.

NewRiver REIT EBIT Chart

NewRiver REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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-23.32

-123.89

-138.97

35.31

-1.70

NewRiver REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															-7.42	42.42	13.36	-16.02	6.19

Competitive Comparison of NewRiver REIT's EBIT

For the REIT - Retail subindustry, NewRiver REIT'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.

NewRiver REIT's EV-to-EBIT Distribution in the REITs Industry

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

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

NewRiver REIT 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 $-9.83 Mil.

NewRiver REIT (OTCPK:NRWRF) EBIT Explanation

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

NewRiver REIT'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 )
=	38.366 * ( 1 - 0% )	/	( (817.111	+	798.391)	/ 2 )
=	38.366	/	807.751
=	4.75 %

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	))
=	948.422	-	17.597	-	( 131.796	-	max(0, 36.286	-	150	+	131.796	))
=	817.111

	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	))
=	957.054	-	15.965	-	( 169.926	-	max(0, 39.975	-	182.673	+	169.926	))
=	798.391

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:

NewRiver REIT'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 )
=	12.376	/	( ( (1.578 + max(-25.971, 0))	+	(1.361 + max(-32.797, 0)) )	/	2 )
=	12.376	/	( ( 1.578	+	1.361 )	/	2 )
=	12.376	/	1.4695
=	842.19 %

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)
=	(3.155	+	0	+	6.675)	-	(17.597	+	0	+	18.204)
=	-25.971

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.495	+	0	+	6.188)	-	(15.965	+	0	+	23.515)
=	-32.797

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:

NewRiver REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-9.831	/	587.249
	=	-1.67 %

NewRiver REIT EBIT Related Terms

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NewRiver REIT (NewRiver REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewRiver REIT PLC (OTCPK:NRWRF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

NRRl:UK NRR:UK

Address

89 Whitfield Street, London, GBR, W1T 4DE

Website

https://www.nrr.co.uk

NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.