The Bahrain Ship Repairing & Engineering Co BSC (BAH:BASREC) EBIT : BHD2.48 Mil (TTM As of Dec. 2024)

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What is The Bahrain Ship Repairing & Engineering Co BSC EBIT?

The Bahrain Ship Repairing & Engineering Co BSC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was BHD2.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was BHD2.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Bahrain Ship Repairing & Engineering Co BSC's annualized ROC % for the quarter that ended in Dec. 2024 was 7.93%. The Bahrain Ship Repairing & Engineering Co BSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 65.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Bahrain Ship Repairing & Engineering Co BSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 29.75%.

The Bahrain Ship Repairing & Engineering Co BSC EBIT Historical Data

The historical data trend for The Bahrain Ship Repairing & Engineering Co BSC'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.

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The Bahrain Ship Repairing & Engineering Co BSC EBIT Chart

The Bahrain Ship Repairing & Engineering Co BSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

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1.49

1.52

1.13

2.15

2.48

The Bahrain Ship Repairing & Engineering Co BSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															1.97	0.07	0.54	-0.23	2.10

Competitive Comparison of The Bahrain Ship Repairing & Engineering Co BSC's EBIT

For the Aerospace & Defense subindustry, The Bahrain Ship Repairing & Engineering Co BSC'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.

The Bahrain Ship Repairing & Engineering Co BSC's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, The Bahrain Ship Repairing & Engineering Co BSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Bahrain Ship Repairing & Engineering Co BSC's EV-to-EBIT falls into.

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The Bahrain Ship Repairing & Engineering Co BSC 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 BHD2.48 Mil.

The Bahrain Ship Repairing & Engineering Co BSC (BAH:BASREC) EBIT Explanation

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

The Bahrain Ship Repairing & Engineering Co BSC'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 )
=	1.724 * ( 1 - 0% )	/	( (19.708	+	23.756)	/ 2 )
=	1.724	/	21.732
=	7.93 %

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	))
=	36.757	-	1.173	-	( 15.876	-	max(0, 1.173	-	20.297	+	15.876	))
=	19.708

	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	))
=	38.311	-	0.349	-	( 14.206	-	max(0, 1.346	-	17.578	+	14.206	))
=	23.756

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

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

The Bahrain Ship Repairing & Engineering Co BSC'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 )
=	8.392	/	( ( (8.604 + max(2.683, 0))	+	(13.089 + max(1.187, 0)) )	/	2 )
=	8.392	/	( ( 11.287	+	14.276 )	/	2 )
=	8.392	/	12.7815
=	65.66 %

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)
=	(1.182	+	0.621	+	2.053)	-	(1.173	+	0	+	0)
=	2.683

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.012	+	0.613	+	0.572)	-	(0.349	+	0	+	0.661)
=	1.187

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:

The Bahrain Ship Repairing & Engineering Co BSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	2.479	/	8.333
	=	29.75 %

The Bahrain Ship Repairing & Engineering Co BSC EBIT Related Terms

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The Bahrain Ship Repairing & Engineering Co BSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » The Bahrain Ship Repairing & Engineering Co BSC (BAH:BASREC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mina Salman Industrial Area, P.O. Box 568, Kingdom of Bahrain, Manama, BHR

Website

https://www.basrec.com

The Bahrain Ship Repairing & Engineering Co BSC is engaged in the business of providing repair and maintenance services to vessels operating in the Arabian Gulf and emergency repairs to the larger ocean-going ships. This includes container inspection services, pump repairs, as well as their subsidiary services. It operates as a division like a ship repair, small boat repair, teams Bahrain, containers. Its business segments include Ship repairing and investment, Trading, and Pump repairing, of which the majority of the revenue is generated from Ship repairing and investment segment.

The Bahrain Ship Repairing & Engineering Co BSC Headlines

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