Cadeler AS (OSL:CADLR) EBIT : kr171 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Cadeler AS EBIT?

Cadeler AS's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was kr-178 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was kr171 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cadeler AS's annualized ROC % for the quarter that ended in Dec. 2023 was -1.61%. Cadeler AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cadeler AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.75%.

Cadeler AS EBIT Historical Data

The historical data trend for Cadeler AS'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.

Cadeler AS EBIT Chart

Cadeler AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-165.64

-240.89

110.40

387.98

165.36

Cadeler AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial						22.06	135.45	250.40	349.51	-178.39

Competitive Comparison of Cadeler AS's EBIT

For the Engineering & Construction subindustry, Cadeler AS'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.

Cadeler AS's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's EV-to-EBIT distribution charts can be found below:

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

Cadeler AS 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 kr171 Mil.

Cadeler AS (OSL:CADLR) EBIT Explanation

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

Cadeler AS'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 )
=	-167.71 * ( 1 - 0% )	/	( (7843.344	+	12938.868)	/ 2 )
=	-167.71	/	10391.106
=	-1.61 %

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	))
=	8166.839	-	100.642	-	( 222.853	-	max(0, 106.853	-	947.744	+	222.853	))
=	7843.344

	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	))
=	14409.767	-	391.398	-	( 1111.403	-	max(0, 616.801	-	1696.302	+	1111.403	))
=	12938.868

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:

Cadeler AS'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 )
=	-356.77	/	( ( (7159.487 + max(618.974, 0))	+	(12500.579 + max(-161.233, 0)) )	/	2 )
=	-356.77	/	( ( 7778.461	+	12500.579 )	/	2 )
=	-356.77	/	10139.52
=	-3.52 %

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)
=	(697.461	+	5.778	+	21.652)	-	(100.642	+	0	+	5.275)
=	618.974

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(308.337	+	21.122	+	110.003)	-	(391.398	+	139.236	+	70.061)
=	-161.233

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	171.124	/	22725.423
	=	0.75 %

Cadeler AS EBIT Related Terms

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

Cadeler AS (OSL:CADLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cadeler AS (OSL:CADLR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CDLR:USA CADLF:USA CADLRo:Sweden CADLRo:UK CA2:Germany

Address

Arne Jacobsens Alle 7, Fairway House, Copenhagen S, DNK, DK-2300

Website

https://www.cadeler.com

Cadeler AS is a key supplier within the offshore wind industry for installation services and operation and maintenance work. The Company provides marine and engineering operations to the wind industry with a focus on safety and the environment. The Group owns and operates two offshore jack-up wind farm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

Cadeler AS (OSL:CADLR) Headlines

No Headlines