Riga Sugar Co (BOM:507508) EBIT: ₹-29.42 Mil (TTM As of Sep. 2024)

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BOM:507508 Riga Sugar Co Ltd BOM:507508
4 GF Score
Price ₹5.25
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What is Riga Sugar Co EBIT?

Riga Sugar Co BOM:507508 4 EBIT is ₹-29.42 Mil as of Sep. 2024. GuruFocus rates BOM:507508 with a GF Score™ of 4/100.

Riga Sugar Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹-14.73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-29.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Riga Sugar Co's annualized ROC % for the quarter that ended in Sep. 2024 was -1.41%. Riga Sugar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Riga Sugar Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.81%.


Riga Sugar Co  (BOM:507508) EBIT Explanation

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

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

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-60.804 * ( 1 - 0% )/( (0 + 4299.927)/ 1 )
=-60.804/4299.927
=-1.41 %

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))
=1508.311 - 573.043 - ( 78.496 - max(0, 3451.154 - 86.495+78.496))
=4299.927

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

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

Riga Sugar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-58.904/( ( (0 + max(0, 0)) + (1404.656 + max(-816.613, 0)) )/ 1 )
=-58.904/( ( 0 + 1404.656 )/ 1 )
=-58.904/1404.656
=-4.19 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 7.48 + 0.51900000000001) - (573.043 + 0 + 251.569)
=-816.613

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-29.421/1046.126
=-2.81 %

* 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.


Riga Sugar Co EBIT Related Terms


Riga Sugar Co EBIT Historical Data

* Premium members only.

The historical data trend for Riga Sugar 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.

Riga Sugar Co EBIT Chart

Riga Sugar Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -93.06 -204.40 -452.97 -210.53 -141.42

Riga Sugar Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun23 Sep23 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 -117.75 -14.71 0.00 -14.70 -14.73

BOM:507508 vs MDLZ, HSY, TR: EBIT Comparison

For the Confectioners subindustry, Riga Sugar 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.


Riga Sugar Co EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riga Sugar Co's EV-to-EBIT distribution charts can be found below:

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


BOM:507508
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Riga Sugar Co Ltd BOM:507508
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Riga Sugar 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 ₹-29.42 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 ₹-29.42 Mil mean?
Riga Sugar Co (BOM:507508) has a EBIT of ₹-29.42 Mil as of Sep. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Riga Sugar Co.
Is Riga Sugar Co's EBIT too high?
Riga Sugar Co's current EBIT is ₹-29.42 Mil. Overall, Riga Sugar Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Riga Sugar Co's EBIT compare to MDLZ and HSY?
Riga Sugar Co's EBIT of ₹-29.42 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Riga Sugar Co. Riga Sugar Co's current EBIT is ₹-29.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riga Sugar Co stock overvalued right now?
Riga Sugar Co (BOM:507508) has a current EBIT of ₹-29.42 Mil. The current EBIT is ₹-29.42 Mil. Riga Sugar Co's overall GF Score™ is 4/100. 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 Riga Sugar Co (BOM:507508), the current EBIT is ₹-29.42 Mil as of Sep. 2024. 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.

Riga Sugar Co Business Description

Address 14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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