GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SWK Holdings Corp (NAS:SWKH) » Definitions » EBIT

SWK Holdings (SWK Holdings) EBIT : $14.10 Mil (TTM As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is SWK Holdings EBIT?

SWK Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $2.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $14.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SWK Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 2.70%. SWK Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 103.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SWK Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.87%.


SWK Holdings EBIT Historical Data

The historical data trend for SWK Holdings'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.

SWK Holdings EBIT Chart

SWK Holdings 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 17.18 4.12 33.39 9.83 16.46

SWK Holdings 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 4.71 5.75 4.26 1.74 2.35

Competitive Comparison of SWK Holdings's EBIT

For the Asset Management subindustry, SWK Holdings'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.


SWK Holdings's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SWK Holdings's EV-to-EBIT distribution charts can be found below:

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



SWK Holdings 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 $14.10 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.


SWK Holdings  (NAS:SWKH) EBIT Explanation

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

SWK Holdings'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 )
=10.912 * ( 1 - 21.01% )/( (325.807 + 312.476)/ 2 )
=8.6193888/319.1415
=2.70 %

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:

SWK Holdings'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 )
=9.384/( ( (5.438 + max(3.422, 0)) + (5.212 + max(4.062, 0)) )/ 2 )
=9.384/( ( 8.86 + 9.274 )/ 2 )
=9.384/9.067
=103.50 %

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)
=(4.729 + 0 + 2.637) - (3.944 + 0 + 0)
=3.422

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.352 + 0 + 2.086) - (4.376 + 0 + 0)
=4.062

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=14.1/240.209
=5.87 %

* 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.


SWK Holdings EBIT Related Terms

Thank you for viewing the detailed overview of SWK Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


SWK Holdings (SWK Holdings) Business Description

Traded in Other Exchanges
N/A
Address
14755 Preston Road, Suite 105, Dallas, TX, USA, 75254
SWK Holdings Corp is a healthcare capital provider. The company offers financing solutions to various life science companies, institutions, and inventors. It involves monetizing cash flow streams derived from commercial-stage products and related intellectual property through royalty purchases and financings, as well as through the creation of synthetic revenue interests in commercialized products. Through its wholly-owned subsidiary, it also provides non-discretionary investment advisory services to institutional clients. The company's operating segments are Finance Receivables and Pharmaceutical Development Services. It generates maximum revenue from the Finance Receivables segment.
Executives
Jerry Albright director C/O SWK HOLDINGS CORP, 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Yvette M Heinrichson officer: Chief Financial Officer 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Staggs Joe David Jr officer: PRESIDENT 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Marcus Edward Pennington director 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Wendy F Dicicco director
Robert K. Hatcher director 2929 ALLEN PARKWAY, SUITE 3000, HOUSTON TX 77019
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Black Winston L Iii officer: Chief Executive Officer 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Fletcher Aaron G.l. director 40 GUEST STREET, BOSTON MA 02135
Carlson Capital L P director, 10 percent owner, other: See Remarks 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Dana Blair Baker director 200 CRESCENT COURT, SUITE 1450, DALLAS TX 75201
James Brett Pope director, officer: CEO 4020 SAHARA CT., CARROLLTON TX 75010
Edward B Stead director 14755 PRESTON ROAD, SUITE 105, DALLAS TX 75254
Christopher W Haga director PO BOX 10809, DAYTONA BEACH FL 32120
Black Diamond Offshore Ltd. director, 10 percent owner, other: See Remarks CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205

SWK Holdings (SWK Holdings) Headlines

From GuruFocus