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Al-Buhaira National Insurance Co (ADX:ABNIC) EBIT : د.إ-86.9 Mil (TTM As of Jun. 2024)


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What is Al-Buhaira National Insurance Co EBIT?

Al-Buhaira National Insurance Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was د.إ1.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was د.إ-86.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al-Buhaira National Insurance Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al-Buhaira National Insurance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.22%.


Al-Buhaira National Insurance Co EBIT Historical Data

The historical data trend for Al-Buhaira National Insurance Co'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.

Al-Buhaira National Insurance Co EBIT Chart

Al-Buhaira National Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.78 42.08 37.57 -22.04 -113.51

Al-Buhaira National Insurance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -13.80 -44.63 -40.90 -3.17 1.82

Competitive Comparison of Al-Buhaira National Insurance Co's EBIT

For the Insurance - Diversified subindustry, Al-Buhaira National Insurance Co'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.


Al-Buhaira National Insurance Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al-Buhaira National Insurance Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al-Buhaira National Insurance Co's EV-to-EBIT falls into.


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Al-Buhaira National Insurance Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-86.9 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.


Al-Buhaira National Insurance Co  (ADX:ABNIC) EBIT Explanation

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

Al-Buhaira National Insurance Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=7.26 * ( 1 - 0% )/( (1653.1871 + 1783.02725)/ 2 )
=7.26/1718.107175
=0.42 %

where

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1783.436 - 48.962 - ( 87.053 - 5% * 115.322 )
=1653.1871

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1949.652 - 48.839 - ( 126.217 - 5% * 168.625 )
=1783.02725

Note: The EBIT data used here is four times the quarterly (Jun. 2024) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Al-Buhaira National Insurance Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-86.884/942.687
=-9.22 %

* 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.


Al-Buhaira National Insurance Co EBIT Related Terms

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Al-Buhaira National Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Al Buhaira Tower, Khalid Lagoon, P.O Box 6000, 6th Floor, Buhaira Corniche, Sharjah, ARE
Al-Buhaira National Insurance Co is a national insurance company. The group's principal activity is the writing of insurance of all types - other than savings and accumulation of funds. The company is organized into two segments namely Underwriting and Investments. The underwriting segment incorporates all classes of general insurance including fire, marine, medical, motor, general accident, and other classes of insurance. The investment segment includes investments in equity securities, term deposits with banks, and investment properties.

Al-Buhaira National Insurance Co Headlines

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