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S Alam Cold Rolled Steels (DHA:SALAMCRST) EBIT : BDT738 Mil (TTM As of Mar. 2024)


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What is S Alam Cold Rolled Steels EBIT?

S Alam Cold Rolled Steels's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was BDT207 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was BDT738 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. S Alam Cold Rolled Steels's annualized ROC % for the quarter that ended in Mar. 2024 was 1.90%. S Alam Cold Rolled Steels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. S Alam Cold Rolled Steels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.43%.


S Alam Cold Rolled Steels EBIT Historical Data

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels EBIT Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 739.52 573.29 678.01 659.35 823.80

S Alam Cold Rolled Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 305.65 124.59 198.38 208.09 206.68

Competitive Comparison of S Alam Cold Rolled Steels's EBIT

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's EV-to-EBIT falls into.



S Alam Cold Rolled Steels 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 BDT738 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.


S Alam Cold Rolled Steels  (DHA:SALAMCRST) EBIT Explanation

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

S Alam Cold Rolled Steels'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 )
=782.168 * ( 1 - 39.38% )/( (24376.08 + 25567.654)/ 2 )
=474.1502416/24971.867
=1.90 %

where

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))
=24409.313 - 2129.727 - ( 865.007 - max(0, 22235.346 - 20138.852+865.007))
=24376.08

Invested Capital(Q: Mar. 2024 )
=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))
=25457.299 - 2011.133 - ( 1163.504 - max(0, 23317.136 - 21195.648+1163.504))
=25567.654

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

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

S Alam Cold Rolled Steels'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 )
=826.732/( ( (4270.461 + max(16217.364, 0)) + (4261.65 + max(17082.583, 0)) )/ 2 )
=826.732/( ( 20487.825 + 21344.233 )/ 2 )
=826.732/20916.029
=3.95 %

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)
=(4896.719 + 8815.081 + 5562.045) - (2129.727 + 0 + 926.754)
=16217.364

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4125.078 + 9959.898 + 5947.168) - (2011.133 + 0 + 938.428)
=17082.583

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:

S Alam Cold Rolled Steels's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=737.731/21505.955
=3.43 %

* 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.


S Alam Cold Rolled Steels EBIT Related Terms

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S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Traded in Other Exchanges
N/A
Address
S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

S Alam Cold Rolled Steels (DHA:SALAMCRST) Headlines

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