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Jordan Insurance Co (AMM:JOIN) EBIT : JOD2.89 Mil (TTM As of Sep. 2024)


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What is Jordan Insurance Co EBIT?

Jordan Insurance Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was JOD0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was JOD2.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jordan Insurance Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jordan Insurance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 57.44%.


Jordan Insurance Co EBIT Historical Data

The historical data trend for Jordan 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.

Jordan Insurance Co EBIT Chart

Jordan 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 3.15 3.92 - 1.90 3.61

Jordan Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.53 0.32 1.27 0.99 0.32

Competitive Comparison of Jordan Insurance Co's EBIT

For the Insurance - Diversified subindustry, Jordan 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.


Jordan Insurance Co's EV-to-EBIT Distribution in the Insurance Industry

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

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


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Jordan 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD2.89 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.


Jordan Insurance Co  (AMM:JOIN) EBIT Explanation

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

Jordan Insurance Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1.276 * ( 1 - 70.1% )/( (70.96155 + 103.191)/ 2 )
=0.381524/87.076275
=0.44 %

where

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 )
=100.088 - 0 - ( 29.738 - 5% * 12.231 )
=70.96155

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=103.191 - 0 - ( 0 - 5% * 0 )
=103.191

Note: The EBIT data used here is four times the quarterly (Sep. 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:

Jordan Insurance Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2.89/5.031
=57.44 %

* 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.


Jordan Insurance Co EBIT Related Terms

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Jordan Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Mohammed Street, P.O. Box 279, Jabal Amman - 3rd Circle, Amman, JOR, 11118
Jordan Insurance Co is engaged in the provision of insurance services. The company offers marine insurance products including cargo and hull insurance, engineering insurance products consisting of contractors all-risks insurance, contractors plant and machinery insurance, and erection all-risks insurance, and property insurance products, such as fire and lightning, householder's policy, benefits of homeowners insurance, and property all risks policy. It also provides motor insurance products, life insurance products comprising universal plans, term life insurance, and group life insurance. Besides, it also administers medical insurance and casualty insurance covering bankers blanket bonds, money insurance, fidelity guarantee, and others.

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