Mathew Easow Research Securities (BOM:511688) EBIT : ₹0.1 Mil (TTM As of Mar. 2024)

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What is Mathew Easow Research Securities EBIT?

Mathew Easow Research Securities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹0.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mathew Easow Research Securities's annualized ROC % for the quarter that ended in Mar. 2024 was 0.15%. Mathew Easow Research Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 47.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mathew Easow Research Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.02%.

Mathew Easow Research Securities EBIT Historical Data

The historical data trend for Mathew Easow Research Securities'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.

Mathew Easow Research Securities EBIT Chart

Mathew Easow Research Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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9.41

1.87

0.37

-1.01

0.06

Mathew Easow Research Securities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-0.47	-0.27	0.05	0.07	0.21

Competitive Comparison of Mathew Easow Research Securities's EBIT

For the Credit Services subindustry, Mathew Easow Research Securities'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.

Mathew Easow Research Securities's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mathew Easow Research Securities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mathew Easow Research Securities's EV-to-EBIT falls into.

Mathew Easow Research Securities 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.1 Mil.

Mathew Easow Research Securities (BOM:511688) EBIT Explanation

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

Mathew Easow Research Securities's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	0.852 * ( 1 - 36.39% )	/	( (0	+	373.486)	/ 1 )
=	0.5419572	/	373.486
=	0.15 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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: Mar. 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	))
=	374.598	-	0.721	-	( 0.391	-	max(0, 0.721	-	371.575	+	0.391	))
=	373.486

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

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

Mathew Easow Research Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.852	/	( ( (0 + max(0, 0))	+	(0.963 + max(0.82599999999999, 0)) )	/	1 )
=	0.852	/	( ( 0	+	1.789 )	/	1 )
=	0.852	/	1.789
=	47.62 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(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: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.222	+	1.325)	-	(0.721	+	0	+	0)
=	0.82599999999999

When net working capital is negative, 0 is used.

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

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

Mathew Easow Research Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	0.058	/	283.295
	=	0.02 %

Mathew Easow Research Securities EBIT Related Terms

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Mathew Easow Research Securities (BOM:511688) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mathew Easow Research Securities Ltd (BOM:511688) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

128, Rash behari Avenue, Rajkamal Building, 1st Floor, Kolkata, WB, IND, 700029

Website

https://www.mersl.co.in

Mathew Easow Research Securities Ltd is a non-banking financial company (NBDC). The company is involved in investment and finance activities. It assists corporate bodies through the syndication of loans from various bodies, including corporate/banks and financial institutions. The company also finances corporates from banks. Its primary revenue source is interest income.

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