Reetech International Cargourier (BOM:543617) EBIT : ₹32.8 Mil (TTM As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Reetech International Cargourier EBIT?

Reetech International Cargourier's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹2.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹32.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reetech International Cargourier's annualized ROC % for the quarter that ended in Sep. 2023 was -1.82%. Reetech International Cargourier's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 14.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Reetech International Cargourier's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 14.71%.

Reetech International Cargourier EBIT Historical Data

The historical data trend for Reetech International Cargourier'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.

Reetech International Cargourier EBIT Chart

Reetech International Cargourier Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

EBIT

1.89

4.13

61.09

15.30

Reetech International Cargourier Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial			-	-	-15.45	30.75	2.04

Competitive Comparison of Reetech International Cargourier's EBIT

For the Coking Coal subindustry, Reetech International Cargourier'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.

Reetech International Cargourier's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Reetech International Cargourier's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Reetech International Cargourier's EV-to-EBIT falls into.

Reetech International Cargourier 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹32.8 Mil.

Reetech International Cargourier (BOM:543617) EBIT Explanation

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

Reetech International Cargourier's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-3.684 * ( 1 - 18.5% )	/	( (157.226	+	172.406)	/ 2 )
=	-3.00246	/	164.816
=	-1.82 %

where

	Invested Capital		(Q: Mar. 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	))
=	191.715	-	18.972	-	( 15.517	-	max(0, 36.233	-	71.022	+	15.517	))
=	157.226

	Invested Capital		(Q: Sep. 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	))
=	178.633	-	0.906	-	( 5.321	-	max(0, 27.428	-	71.18	+	5.321	))
=	172.406

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Reetech International Cargourier's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4.084	/	( ( (11.969 + max(26.747, 0))	+	(1.078 + max(16.443, 0)) )	/	2 )
=	4.084	/	( ( 38.716	+	17.521 )	/	2 )
=	4.084	/	28.1185
=	14.52 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(32.174	+	0	+	23.331)	-	(18.972	+	0	+	9.786)
=	26.747

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.35	+	0	+	20.521)	-	(0.906	+	0	+	26.522)
=	16.443

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Reetech International Cargourier's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	32.795	/	222.942
	=	14.71 %

Reetech International Cargourier EBIT Related Terms

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

Reetech International Cargourier (BOM:543617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reetech International Cargo & Courier Ltd (BOM:543617) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sai Kunj Civil Lines, Raipur, CT, IND, 492001

Website

https://www.reetechinternational.com

Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

Reetech International Cargourier (BOM:543617) Headlines

No Headlines