GURUFOCUS.COM » STOCK LIST » Technology » Software » Avance Technologies Ltd (BOM:512149) » Definitions » EBIT

Avance Technologies (BOM:512149) EBIT : ₹89 Mil (TTM As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Avance Technologies EBIT?

Avance Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avance Technologies's annualized ROC % for the quarter that ended in Dec. 2024 was 1.62%. Avance Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avance Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 7.29%.


Avance Technologies EBIT Historical Data

The historical data trend for Avance Technologies'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.

Avance Technologies EBIT Chart

Avance Technologies 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 -506.16 -275.65 -6.16 5.03 50.32

Avance Technologies 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 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 19.16 22.44 21.95 27.28 17.61

Competitive Comparison of Avance Technologies's EBIT

For the Information Technology Services subindustry, Avance Technologies'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.


Avance Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Avance Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Avance Technologies's EV-to-EBIT falls into.


;
;

Avance Technologies 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 ₹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.


Avance Technologies  (BOM:512149) EBIT Explanation

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

Avance Technologies'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 )
=62.776 * ( 1 - 0% )/( (3879.38 + 0)/ 1 )
=62.776/3879.38
=1.62 %

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))
=4986.364 - 656.998 - ( 460.523 - max(0, 660.331 - 1110.317+460.523))
=3879.38

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

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

Avance Technologies'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 )
=70.42/( ( (0 + max(-179.682, 0)) + (0 + max(0, 0)) )/ 1 )
=70.42/( ( 0 + 0 )/ 1 )
=70.42/0
= %

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)
=(160.184 + 319.523 + 0.94200000000001) - (656.998 + 0 + 3.333)
=-179.682

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

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:

Avance Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=89.269/1224.092
=7.29 %

* 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.


Avance Technologies EBIT Related Terms

Thank you for viewing the detailed overview of Avance Technologies's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Avance Technologies Business Description

Traded in Other Exchanges
N/A
Address
Office No. 226/227, Second Floor, Majestic Center, 144 Opera House, Mumbai, MH, IND, 400002
Avance Technologies Ltd is involved in trading information technology software products. The company's main activities include the resale of software and hardware. Its Digital Infrastructure Management Services comprise Data center management and optimization, Cloud computing solutions, IoT infrastructure management, Data storage solutions, Digital transformation consulting, and Hybrid cloud integration. Its Data Center Services include Network infrastructure design and deployment, Server management and maintenance, and Data backup and restoration services. The company generates revenue from the sale of IT products.

Avance Technologies Headlines

No Headlines