Kailash Auto Finance (BOM:511357) EBIT: ₹-1.09 Mil (TTM As of Sep. 2020)


What is Kailash Auto Finance EBIT?

Kailash Auto Finance BOM:511357 EBIT is ₹-1.09 Mil as of Sep. 2020.

Kailash Auto Finance's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was ₹-0.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was ₹-1.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kailash Auto Finance's annualized ROC % for the quarter that ended in Sep. 2020 was -0.15%. Kailash Auto Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -4.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kailash Auto Finance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -0.29%.

Kailash Auto Finance  (BOM:511357) EBIT Explanation

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

Kailash Auto Finance's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

ROC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=-0.888 * ( 1 - 0% )/( (0 + 604.375)/ 1 )
=-0.888/604.375
=-0.15 %

where

Invested Capital(Q: Jun. 2020 )
=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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Sep. 2020 )
=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))
=604.632 - 0.002 - ( 0.255 - max(0, 0.002 - 240.132+0.255))
=604.375

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) data.

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

Kailash Auto Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2020  Q: Sep. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.888/( ( (0 + max(0, 0)) + (0.047 + max(22.099, 0)) )/ 1 )
=-0.888/( ( 0 + 22.146 )/ 1 )
=-0.888/22.146
=-4.01 %

where Working Capital is:

Working Capital(Q: Jun. 2020 )
=(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. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.69 + 0 + 3.411) - (0.002 + 0 + 0)
=22.099

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

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

Kailash Auto Finance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2020 )
=-1.091/375.718
=-0.29 %

* 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.

Kailash Auto Finance EBIT Related Terms

Kailash Auto Finance EBIT Historical Data

* Premium members only.

The historical data trend for Kailash Auto Finance'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.

Kailash Auto Finance EBIT Chart

Kailash Auto Finance Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.38 0.53 27.87 0.61 -0.17

Kailash Auto Finance Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20
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 0.83 0.59 -0.33 -0.54 -0.22

BOM:511357 vs LMFA: EBIT Comparison

For the Credit Services subindustry, Kailash Auto Finance'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.

Kailash Auto Finance EV-to-EBIT vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Kailash Auto Finance's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kailash Auto Finance's EV-to-EBIT falls into.


Kailash Auto Finance 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.09 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 ₹-1.09 Mil mean?
Kailash Auto Finance (BOM:511357) has a EBIT of ₹-1.09 Mil as of Sep. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kailash Auto Finance.
Is Kailash Auto Finance's EBIT too high?
Kailash Auto Finance's current EBIT is ₹-1.09 Mil.
How does Kailash Auto Finance's EBIT compare to LMFA?
Kailash Auto Finance's EBIT of ₹-1.09 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good EBIT depends on the Credit Services 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 Kailash Auto Finance. Kailash Auto Finance's current EBIT is ₹-1.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kailash Auto Finance stock overvalued right now?
Kailash Auto Finance (BOM:511357) has a current EBIT of ₹-1.09 Mil. The current EBIT is ₹-1.09 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 Kailash Auto Finance (BOM:511357), the current EBIT is ₹-1.09 Mil as of Sep. 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.

Kailash Auto Finance Business Description

Address 6, Lyons Range, 1st Floor, Kolkata, WB, IND, 700001
Kailash Auto Finance Ltd is an India-based non-banking finance company. The company is primarily focused in providing inter-corporate loans, personal loans, loans against shares and securities, loans against properties, trade financing, bills discounting, trading in shares and securities and arbitrage business in the stock market and trading in shares and securities. It generates maximum revenue from Interest Income.