Al-Khazna Insurance Co PSC (ADX:AKIC) EBIT: د.إ-30.99 Mil (TTM As of Dec. 2020)

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What is Al-Khazna Insurance Co PSC EBIT?

Al-Khazna Insurance Co PSC ADX:AKIC EBIT is د.إ-30.99 Mil as of Dec. 2020.

Al-Khazna Insurance Co PSC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2020 was د.إ-5.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was د.إ-30.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al-Khazna Insurance Co PSC's annualized ROC % for the quarter that ended in Dec. 2020 was -9.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al-Khazna Insurance Co PSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -31.00%.

Al-Khazna Insurance Co PSC  (ADX:AKIC) EBIT Explanation

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

Al-Khazna Insurance Co PSC's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2020 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=-22.088 * ( 1 - 0% )/( (266.88285 + 196.6847)/ 2 )
=-22.088/231.783775
=-9.53 %

where

Invested Capital(Q: Sep. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=455.762 - 187.018 - ( 2.985 - 5% * 22.477 )
=266.88285

Invested Capital(Q: Dec. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=386.018 - 185.709 - ( 4.09 - 5% * 9.314 )
=196.6847

Note: The EBIT data used here is four times the quarterly (Dec. 2020) 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-Khazna Insurance Co PSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2020 )
=-30.988/99.960
=-31.00 %

* 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-Khazna Insurance Co PSC EBIT Related Terms

Al-Khazna Insurance Co PSC EBIT Historical Data

* Premium members only.

The historical data trend for Al-Khazna Insurance Co PSC'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.

Al-Khazna Insurance Co PSC EBIT Chart

Al-Khazna Insurance Co PSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -75.17 -130.32 -3.15 -2.30 -30.99

Al-Khazna Insurance Co PSC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -14.77 -8.58 -10.43 -6.46 -5.52

ADX:AKIC vs PIH, NSEC, CNFR: EBIT Comparison

For the Insurance - Property & Casualty subindustry, Al-Khazna Insurance Co PSC'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-Khazna Insurance Co PSC EV-to-EBIT vs Insurance Industry

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

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


Al-Khazna Insurance Co PSC 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-30.99 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of د.إ-30.99 Mil mean?
Al-Khazna Insurance Co PSC (ADX:AKIC) has a EBIT of د.إ-30.99 Mil as of Dec. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Al-Khazna Insurance Co PSC.
Is Al-Khazna Insurance Co PSC's EBIT too high?
Al-Khazna Insurance Co PSC's current EBIT is د.إ-30.99 Mil.
How does Al-Khazna Insurance Co PSC's EBIT compare to PIH and NSEC?
Al-Khazna Insurance Co PSC's EBIT of د.إ-30.99 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Al-Khazna Insurance Co PSC. Al-Khazna Insurance Co PSC's current EBIT is د.إ-30.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Khazna Insurance Co PSC stock overvalued right now?
Al-Khazna Insurance Co PSC (ADX:AKIC) has a current EBIT of د.إ-30.99 Mil. The current EBIT is د.إ-30.99 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Al-Khazna Insurance Co PSC (ADX:AKIC), the current EBIT is د.إ-30.99 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al-Khazna Insurance Co PSC Business Description

Address Al Khazna Tower, P. O. Box 73343, Abu Dhabi, ARE
Al-Khazna Insurance Co PSC offers specialized risk management and insurance services with a strong presence and a diverse portfolio of business comprising Personal Accident, Property both operational and construction, Group Life & Medical, Motor, Liability both financial and casualty lines, Marine, Energy and Aviation, and niche products like credit, affinity products etc. We are fully geared to handle all classes of business in UAE and other GCC countries.