GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Matin Spinning Mills PLC (DHA:MATINSPINN) » Definitions » EBIT

Matin Spinning Mills (DHA:MATINSPINN) EBIT : BDT394 Mil (TTM As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Matin Spinning Mills EBIT?

Matin Spinning Mills's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was BDT229 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was BDT394 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Matin Spinning Mills's annualized ROC % for the quarter that ended in Dec. 2023 was 5.26%. Matin Spinning Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Matin Spinning Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.80%.


Matin Spinning Mills EBIT Historical Data

The historical data trend for Matin Spinning Mills'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.

Matin Spinning Mills EBIT Chart

Matin Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.29 341.18 884.90 1,288.71 684.02

Matin Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 251.02 73.42 99.43 -7.45 228.95

Competitive Comparison of Matin Spinning Mills's EBIT

For the Textile Manufacturing subindustry, Matin Spinning Mills'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.


Matin Spinning Mills's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Matin Spinning Mills's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Matin Spinning Mills's EV-to-EBIT falls into.



Matin Spinning Mills 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 quarterly data reported by the company within the most recent 12 months, which was BDT394 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.


Matin Spinning Mills  (DHA:MATINSPINN) EBIT Explanation

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

Matin Spinning Mills'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=572.072 * ( 1 - 4.25% )/( (10826.583 + 9984.171)/ 2 )
=547.75894/10405.377
=5.26 %

where

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))
=11380.992 - 350.745 - ( 203.664 - max(0, 4340.197 - 5388.348+203.664))
=10826.583

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))
=10669.385 - 415.308 - ( 269.906 - max(0, 3951.729 - 4770.38+269.906))
=9984.171

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Matin Spinning Mills'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=915.788/( ( (5935.065 + max(4338.79, 0)) + (5843.319 + max(3566.555, 0)) )/ 2 )
=915.788/( ( 10273.855 + 9409.874 )/ 2 )
=915.788/9841.8645
=9.31 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2071.645 + 2446.538 + 680.04) - (350.745 + 0 + 508.688)
=4338.79

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1922.602 + 1890.846 + 700.252) - (415.308 + 0 + 531.837)
=3566.555

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Matin Spinning Mills's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=394.35/8213.935
=4.80 %

* 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.


Matin Spinning Mills EBIT Related Terms

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


Matin Spinning Mills (DHA:MATINSPINN) Business Description

Traded in Other Exchanges
N/A
Address
Road 03, House 50, Capita South Avenue Tower, 6th Floor, 7 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212
Matin Spinning Mills PLC manufactures and sells all types of Cotton, Viscose, Polyester, Melange and their blend in Bangladesh. The company's manufacturing plant is located at Sardagonj, Dhaka, Bangladesh.

Matin Spinning Mills (DHA:MATINSPINN) Headlines

No Headlines