GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Green Energy Ltd (BOM:541450) » Definitions » EBIT

Adani Green Energy (BOM:541450) EBIT : ₹45,800 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Adani Green Energy EBIT?

Adani Green Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹15,530 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹45,800 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adani Green Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 4.04%. Adani Green Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adani Green Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.33%.


Adani Green Energy EBIT Historical Data

The historical data trend for Adani Green Energy'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.

Adani Green Energy EBIT Chart

Adani Green Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only No Debt 17,250.00 27,310.00 42,780.00 63,880.00

Adani Green Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7,390.00 21,370.00 15,780.00 14,490.00 15,530.00

Competitive Comparison of Adani Green Energy's EBIT

For the Utilities - Renewable subindustry, Adani Green Energy'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.


Adani Green Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Green Energy's EV-to-EBIT distribution charts can be found below:

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



Adani Green Energy 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 ₹45,800 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.


Adani Green Energy  (BOM:541450) EBIT Explanation

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

Adani Green Energy'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 )
=53480 * ( 1 - 23.63% )/( (0 + 1009900)/ 1 )
=40842.676/1009900
=4.04 %

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:

Adani Green Energy'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 )
=62120/( ( (0 + max(0, 0)) + (686180 + max(-12180, 0)) )/ 1 )
=62120/( ( 0 + 686180 )/ 1 )
=62120/686180
=9.05 %

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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13420 + 2910 + 12770) - (4990 + 0 + 36290)
=-12180

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:

Adani Green Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=45800/3450328.082
=1.33 %

* 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.


Adani Green Energy EBIT Related Terms

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


Adani Green Energy (BOM:541450) Business Description

Traded in Other Exchanges
Address
Near Vaishnav Devi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Green Energy Ltd is engaged in Power Generation and Construction Contracts. It builds, owns, and operates power plants powered by renewable sources of energy like solar and wind. The company derives its income from Power Supply.

Adani Green Energy (BOM:541450) Headlines

No Headlines