Cincinnati Bell (Cincinnati Bell) EBIT : $110 Mil (TTM As of Jun. 2021)

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What is Cincinnati Bell EBIT?

Cincinnati Bell's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2021 was $29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was $110 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cincinnati Bell's annualized ROC % for the quarter that ended in Jun. 2021 was 5.54%. Cincinnati Bell's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 6.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Cincinnati Bell EBIT Historical Data

The historical data trend for Cincinnati Bell'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.

Cincinnati Bell EBIT Chart

Cincinnati Bell Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

EBIT

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240.10

151.90

71.10

62.40

53.10

Cincinnati Bell Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
EBIT	Get a 7-Day Free Trial															24.10	22.30	28.70	29.80	28.90

Competitive Comparison of Cincinnati Bell's EBIT

For the Telecom Services subindustry, Cincinnati Bell'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.

Cincinnati Bell's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cincinnati Bell's EV-to-EBIT distribution charts can be found below:

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

Cincinnati Bell 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $110 Mil.

Cincinnati Bell (NYSE:CBB) EBIT Explanation

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

Cincinnati Bell's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

	ROC % (Q: Jun. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2021 )	+	Invested Capital (Q: Jun. 2021 ))	/ count )
=	128.8 * ( 1 - 0% )	/	( (2327.4	+	2321.5)	/ 2 )
=	128.8	/	2324.45
=	5.54 %

where

	Invested Capital		(Q: Mar. 2021 )
=	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	))
=	2603.2	-	363	-	( 6.7	-	max(0, 486.1	-	398.9	+	6.7	))
=	2327.4

	Invested Capital		(Q: Jun. 2021 )
=	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	))
=	2600.4	-	433.3	-	( 3.5	-	max(0, 549.7	-	395.3	+	3.5	))
=	2321.5

Note: The Operating Income data used here is four times the quarterly (Jun. 2021) data.

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

Cincinnati Bell's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2021		Q: Jun. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	115.6	/	( ( (1768.2 + max(-70.8, 0))	+	(1769.2 + max(-137.6, 0)) )	/	2 )
=	115.6	/	( ( 1768.2	+	1769.2 )	/	2 )
=	115.6	/	1768.7
=	6.54 %

where Working Capital is:

	Working Capital		(Q: Mar. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(308.1	+	38.6	+	45.5)	-	(363	+	52.5	+	47.5)
=	-70.8

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(296.3	+	51.3	+	44.2)	-	(433.3	+	48.5	+	47.6)
=	-137.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2021 )
	=	109.7	/	0.000
	=	%

Cincinnati Bell EBIT Related Terms

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Cincinnati Bell (Cincinnati Bell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cincinnati Bell Inc (NYSE:CBB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 East Fourth Street, Cincinnati, OH, USA, 45202

Website

https://www.cincinnatibell.com

Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.

Executives

Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz	director	P O BOX 2301, CINCINNATI OH 45201
Craig F Maier	director	P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching	director	822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr	director	822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck	director, Director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox	officer: Chief Executive Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth	officer: Vice President & Treasurer	P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson	officer: VP, General Counsel	P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson	officer: Chief Operating Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser	officer: Chief Financial Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette	officer: Chief Culture Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck	director	221 EAST FOURTH STREET, CINCINNATI OH 45202