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iStreet Network (BOM:524622) EBIT : ₹-1.07 Mil (TTM As of Mar. 2024)


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What is iStreet Network EBIT?

iStreet Network's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹-0.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. iStreet Network's annualized ROC % for the quarter that ended in Mar. 2024 was -57.81%. iStreet Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -200.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. iStreet Network's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.91%.


iStreet Network EBIT Historical Data

The historical data trend for iStreet Network'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.

iStreet Network EBIT Chart

iStreet Network 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 -0.24 -1.24 0.07 -2.41 -1.29

iStreet Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -0.41 -0.30 -0.44 -0.30 -0.34

Competitive Comparison of iStreet Network's EBIT

For the Internet Retail subindustry, iStreet Network'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.


iStreet Network's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, iStreet Network's EV-to-EBIT distribution charts can be found below:

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



iStreet Network 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 ₹-1.07 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.


iStreet Network  (BOM:524622) EBIT Explanation

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

iStreet Network'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 )
=-1.328 * ( 1 - 0% )/( (0 + 2.297)/ 1 )
=-1.328/2.297
=-57.81 %

where

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

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

iStreet Network'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 )
=-1.34/( ( (0 + max(0, 0)) + (0.668 + max(-0.502, 0)) )/ 1 )
=-1.34/( ( 0 + 0.668 )/ 1 )
=-1.34/0.668
=-200.60 %

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)
=(0.913 + 0 + 0.382) - (0.334 + 0 + 1.463)
=-0.502

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:

iStreet Network's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.074/117.443
=-0.91 %

* 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.


iStreet Network EBIT Related Terms

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iStreet Network (BOM:524622) Business Description

Traded in Other Exchanges
N/A
Address
Linking Road, Unit No. 107, Sonal Industrial Estate, Kanchpada, Malad (West), Mumbai, MH, IND, 400064
iStreet Network Ltd is engaged in the digital marketing and e-commerce business. It sells products and services through its internet retail stores, iStreet Bazaar, through its platform and network stores, offers products and brands to customers in smaller towns and villages. The company operates in only one segment - Internet and Retail Catalogue.

iStreet Network (BOM:524622) Headlines

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