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Deezer (XPAR:DEEZR) EBIT : €-57.8 Mil (TTM As of Dec. 2023)


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What is Deezer EBIT?

Deezer's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-20.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-57.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deezer's annualized ROC % for the quarter that ended in Dec. 2023 was -11.31%. Deezer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -172.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deezer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -26.56%.

Deezer EBIT Historical Data

The historical data trend for Deezer'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.

Deezer EBIT Chart

Deezer Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -82.70 -94.52 -120.60 -165.20 -57.78

Deezer Semi-Annual Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -49.76 -115.44 -37.78 -20.00

Competitive Comparison of Deezer's EBIT

For the Entertainment subindustry, Deezer'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.

Deezer's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Deezer's EV-to-EBIT distribution charts can be found below:

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


Deezer 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 €-57.8 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.

Deezer  (XPAR:DEEZR) EBIT Explanation

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

Deezer'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 )
=-43.904 * ( 1 - -3.79% )/( (405.044 + 400.724)/ 2 )
=-45.5679616/402.884
=-11.31 %

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))
=234.262 - 46.575 - ( 90.868 - max(0, 402.256 - 184.899+90.868))
=405.044

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))
=194.996 - 25.984 - ( 63.605 - max(0, 391.448 - 159.736+63.605))
=400.724

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:

Deezer'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 )
=-40.006/( ( (24.806 + max(-324.158, 0)) + (21.647 + max(-308.172, 0)) )/ 2 )
=-40.006/( ( 24.806 + 21.647 )/ 2 )
=-40.006/23.2265
=-172.24 %

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)
=(31.23 + 0 + 42.119) - (46.575 + 0 + 350.932)
=-324.158

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.958 + 0 + 25.769) - (25.984 + 0 + 353.915)
=-308.172

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-57.779/217.550
=-26.56 %

* 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.

Deezer EBIT Related Terms

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Deezer (XPAR:DEEZR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Deezer SA (XPAR:DEEZR) » Definitions » EBIT
Comparable Companies
XPAR:GAM XPAR:ALECP XPAR:VANTI XPAR:TCHCS XPAR:XIL XPAR:BLV NFLX DIS XAMS:UMG WBD LYV WMG SIRI XPAR:BOL FWONA FOXA NWSA XPAR:VIV ROKU PARA
Traded in Other Exchanges
L0A:Germany
Address
24 rue de Calais, Paris, FRA, 75009
Website
https://www.deezer.com
Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, innovative recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the US.

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