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Best Eastern Hotels (BOM:508664) EBIT : ₹4.46 Mil (TTM As of Jun. 2024)


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What is Best Eastern Hotels EBIT?

Best Eastern Hotels's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹2.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹4.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Best Eastern Hotels's annualized ROC % for the quarter that ended in Jun. 2024 was 11.25%. Best Eastern Hotels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 21.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Best Eastern Hotels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.44%.


Best Eastern Hotels EBIT Historical Data

The historical data trend for Best Eastern Hotels'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.

Best Eastern Hotels EBIT Chart

Best Eastern Hotels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.47 -4.51 -1.60 6.54 4.28

Best Eastern Hotels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.61 0.46 1.79 -0.58 2.79

Competitive Comparison of Best Eastern Hotels's EBIT

For the Lodging subindustry, Best Eastern Hotels'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.


Best Eastern Hotels's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Best Eastern Hotels's EV-to-EBIT distribution charts can be found below:

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



Best Eastern Hotels 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4.46 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.


Best Eastern Hotels  (BOM:508664) EBIT Explanation

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

Best Eastern Hotels's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=10.416 * ( 1 - 26.43% )/( (68.089 + 0)/ 1 )
=7.6630512/68.089
=11.25 %

where

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

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

Best Eastern Hotels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.14/( ( (51.833 + max(-4.663, 0)) + (0 + max(0, 0)) )/ 1 )
=11.14/( ( 51.833 + 0 )/ 1 )
=11.14/51.833
=21.49 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.737 + 1.606 + 0.61) - (3.849 + 0 + 3.767)
=-4.663

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

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Best Eastern Hotels's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=4.457/309.661
=1.44 %

* 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.


Best Eastern Hotels EBIT Related Terms

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Best Eastern Hotels Business Description

Traded in Other Exchanges
N/A
Address
293/297, Dr. Cawasji Hormasji Street, 401, Chartered House, Near Marine Lines Church, Mumbai, MH, IND, 400 002
Best Eastern Hotels Ltd is engaged in the business of hospitality and managing the resort. The company operates a hotel, Usha Ascot that provides various facilities, such as cuisine, including Indian, Chinese, and Continental food; a swimming pool with a sunken bar and an open restaurant; a permit room; a health club with a steam room; sauna, Jacuzzi and massage facility; indoor recreation, including table tennis, and in-house laundry and bakery. Its conference and banquet facilities include Mel Milap Hall and The Brain Stromer. Its accommodation facilities include Luxury Villa, Ascot Villa, Executive Deluxe, and Deluxe Room. The company generates the majority of its revenue from the sale of room services.

Best Eastern Hotels Headlines

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