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ADNOC Gas (ADX:ADNOCGAS) EBIT : د.إ24,416 Mil (TTM As of Dec. 2024)


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What is ADNOC Gas EBIT?

ADNOC Gas's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was د.إ6,012 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was د.إ24,416 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ADNOC Gas's annualized ROC % for the quarter that ended in Dec. 2024 was 39.36%. ADNOC Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 30.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ADNOC Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 11.01%.


ADNOC Gas EBIT Historical Data

The historical data trend for ADNOC Gas'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.

ADNOC Gas EBIT Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23 Dec24
EBIT
-8,646.26 18,401.77 21,695.40 24,415.97

ADNOC Gas Quarterly Data
Dec20 Dec21 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6,091.79 5,963.54 6,075.04 6,365.73 6,011.67

Competitive Comparison of ADNOC Gas's EBIT

For the Oil & Gas Integrated subindustry, ADNOC Gas'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.


ADNOC Gas's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Gas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ADNOC Gas's EV-to-EBIT falls into.


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ADNOC Gas 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ24,416 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.


ADNOC Gas  (ADX:ADNOCGAS) EBIT Explanation

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

ADNOC Gas's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=45761.2 * ( 1 - 19.61% )/( (92009.012 + 94907.882)/ 2 )
=36787.42868/93458.447
=39.36 %

where

Invested Capital(Q: Sep. 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))
=108160.605 - 8944.83 - ( 12206.842 - max(0, 14150.77 - 21357.533+12206.842))
=92009.012

Invested Capital(Q: Dec. 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))
=113222.413 - 8071.756 - ( 16642.189 - max(0, 14343.581 - 24586.356+16642.189))
=94907.882

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

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

ADNOC Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24046.664/( ( (76864.797 + max(-9898.655, 0)) + (79016.445 + max(-10669.671, 0)) )/ 2 )
=24046.664/( ( 76864.797 + 79016.445 )/ 2 )
=24046.664/77940.621
=30.85 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1582.247 + 797.461 + 0) - (8944.83 + 0 + 3333.533)
=-9898.655

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1073.146 + 726.528 + 0) - (8071.756 + 0 + 4397.589)
=-10669.671

When net working capital is negative, 0 is used.

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

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

ADNOC Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=24415.965/221718.899
=11.01 %

* 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.


ADNOC Gas EBIT Related Terms

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ADNOC Gas Business Description

Traded in Other Exchanges
N/A
Address
Al Sarab Tower, Abu Dhabi Global Market Square, Floor 28, Al Maryah Island, Abu Dhabi, ARE
ADNOC Gas PLC is an integrated gas processing company. The Company is responsible for producing, processing, distributing, and marketing natural gas and its derivatives in the UAE and abroad. ADNOC Gas operates a network of pipelines, processing plants, storage facilities, and export terminals that supply gas to various sectors, including power generation, water desalination, petrochemicals, industries, and households. The Company also exports liquefied natural gas (LNG) and liquefied petroleum gas (LPG) to regional and international markets.

ADNOC Gas Headlines

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