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K-Bro Linen (TSX:KBL) EBIT : C$29.4 Mil (TTM As of Mar. 2024)


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What is K-Bro Linen EBIT?

K-Bro Linen's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$4.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$29.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. K-Bro Linen's annualized ROC % for the quarter that ended in Mar. 2024 was 4.14%. K-Bro Linen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. K-Bro Linen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.53%.


K-Bro Linen EBIT Historical Data

The historical data trend for K-Bro Linen'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.

K-Bro Linen EBIT Chart

K-Bro Linen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.18 10.03 15.44 9.27 29.16

K-Bro Linen 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.01 7.70 10.82 6.63 4.30

Competitive Comparison of K-Bro Linen's EBIT

For the Specialty Business Services subindustry, K-Bro Linen'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.


K-Bro Linen's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, K-Bro Linen's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where K-Bro Linen's EV-to-EBIT falls into.



K-Bro Linen 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 C$29.4 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.


K-Bro Linen  (TSX:KBL) EBIT Explanation

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

K-Bro Linen'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 )
=17.192 * ( 1 - 23.96% )/( (317.543 + 313.706)/ 2 )
=13.0727968/315.6245
=4.14 %

where

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

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

K-Bro Linen'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 )
=17.192/( ( (206.798 + max(48.266, 0)) + (207.448 + max(45.973, 0)) )/ 2 )
=17.192/( ( 255.064 + 253.421 )/ 2 )
=17.192/254.2425
=6.76 %

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)
=(50.306 + 0 + 43.449) - (41.316 + 0 + 4.173)
=48.266

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.662 + 0 + 45.867) - (44.64 + 0 + 1.916)
=45.973

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:

K-Bro Linen's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=29.447/450.748
=6.53 %

* 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.


K-Bro Linen EBIT Related Terms

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K-Bro Linen (TSX:KBL) Business Description

Traded in Other Exchanges
Address
14903-137 Avenue N.W., Edmonton, AB, CAN, T5V 1R9
K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.
Executives
K-bro Linen Inc. Issuer

K-Bro Linen (TSX:KBL) Headlines

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