Ganesha Ecosphere (BOM:514167) EBIT : ₹762 Mil (TTM As of Dec. 2023)

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What is Ganesha Ecosphere EBIT?

Ganesha Ecosphere's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹317 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹762 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ganesha Ecosphere's annualized ROC % for the quarter that ended in Dec. 2023 was 5.70%. Ganesha Ecosphere's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ganesha Ecosphere's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.39%.

Ganesha Ecosphere EBIT Historical Data

The historical data trend for Ganesha Ecosphere'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.

Ganesha Ecosphere EBIT Chart

Ganesha Ecosphere Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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1,062.37

895.53

651.41

924.25

1,119.12

Ganesha Ecosphere Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															300.50	323.73	282.98	161.15	317.48

Competitive Comparison of Ganesha Ecosphere's EBIT

For the Textile Manufacturing subindustry, Ganesha Ecosphere'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.

Ganesha Ecosphere's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ganesha Ecosphere's EV-to-EBIT distribution charts can be found below:

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

Ganesha Ecosphere 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹762 Mil.

Ganesha Ecosphere (BOM:514167) EBIT Explanation

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

Ganesha Ecosphere's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1109.94 * ( 1 - 32.95% )	/	( (13066.684	+	0)	/ 1 )
=	744.21477	/	13066.684
=	5.70 %

where

	Invested Capital		(Q: Sep. 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	))
=	14543.916	-	574.928	-	( 902.304	-	max(0, 4169.685	-	5982.344	+	902.304	))
=	13066.684

	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

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Ganesha Ecosphere's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1269.928	/	( ( (7897.777 + max(3808.56, 0))	+	(0 + max(0, 0)) )	/	1 )
=	1269.928	/	( ( 11706.337	+	0 )	/	1 )
=	1269.928	/	11706.337
=	10.85 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1243.82	+	2928.525	+	907.388)	-	(574.928	+	0	+	696.245)
=	3808.56

	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

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Ganesha Ecosphere's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	761.611	/	31821.015
	=	2.39 %

Ganesha Ecosphere EBIT Related Terms

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Ganesha Ecosphere (BOM:514167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ganesha Ecosphere Ltd (BOM:514167) » Definitions » EBIT

Traded in Other Exchanges

GANECOS:India

Address

113/216-B, Swaroop Nagar, First Floor, Kanpur, UP, IND, 208002

Website

https://www.ganeshaecosphere.com

Ganesha Ecosphere Ltd deals in the manufacture and sale of polyester staple fiber and spun yarn. The company is involved in the manufacture of recycled polyester staple fiber (RPSF) and recycled polyester spun yarn (RPSY) from pre-and post-consumer polyethylene terephthalate (PET) bottle scrap. Firm' products have application in the manufacture of textiles (T-shirts, body warmers), functional textiles (non-woven air filter fabric, geotextiles, carpets, car upholstery) and fillings (for pillows, duvets, toys). Majority of the company's revenue is derived in India.

Ganesha Ecosphere (BOM:514167) Headlines

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