Cals Refineries (BOM:526652) EBIT: ₹-3.57 Mil (TTM As of Sep. 2017)


What is Cals Refineries EBIT?

Cals Refineries BOM:526652 EBIT is ₹-3.57 Mil as of Sep. 2017.

Cals Refineries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2017 was ₹-0.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2017 was ₹-3.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cals Refineries's annualized ROC % for the quarter that ended in Sep. 2017 was -83.33%. Cals Refineries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was -1,750.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cals Refineries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was -0.43%.

Cals Refineries  (BOM:526652) EBIT Explanation

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

Cals Refineries's annualized ROC % for the quarter that ended in Sep. 2017 is calculated as:

ROC % (Q: Sep. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2017 ) + Invested Capital (Q: Sep. 2017 ))/ count )
=-2.8 * ( 1 - 0% )/( (0 + 3.36)/ 1 )
=-2.8/3.36
=-83.33 %

where

Invested Capital(Q: Jun. 2017 )
=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. 2017 )
=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))
=2.1 - 112.82 - ( 0.09 - max(0, 116.01 - 1.93+0.09))
=3.36

Note: The Operating Income data used here is four times the quarterly (Sep. 2017) data.

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

Cals Refineries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2017  Q: Sep. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.8/( ( (0 + max(0, 0)) + (0.16 + max(-112.31, 0)) )/ 1 )
=-2.8/( ( 0 + 0.16 )/ 1 )
=-2.8/0.16
=-1,750.00 %

where Working Capital is:

Working Capital(Q: Jun. 2017 )
=(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. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.2) - (112.82 + 0 + 0.69000000000001)
=-112.31

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2017) EBIT data.

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

Cals Refineries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2017 )
=-3.568/829.396
=-0.43 %

* 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.

Cals Refineries EBIT Related Terms

Cals Refineries EBIT Historical Data

* Premium members only.

The historical data trend for Cals Refineries'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.

Cals Refineries EBIT Chart

Cals Refineries Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.30 26.61 -5,602.65 -12.64 -18.40

Cals Refineries Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -0.05 -2.06 -0.70 -0.70 -0.11

BOM:526652 vs BDCO, QEGY: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Cals Refineries'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.

Cals Refineries EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cals Refineries's EV-to-EBIT distribution charts can be found below:

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


Cals Refineries 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3.57 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 ₹-3.57 Mil mean?
Cals Refineries (BOM:526652) has a EBIT of ₹-3.57 Mil as of Sep. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cals Refineries.
Is Cals Refineries' EBIT too high?
Cals Refineries' current EBIT is ₹-3.57 Mil.
How does Cals Refineries' EBIT compare to BDCO and QEGY?
Cals Refineries' EBIT of ₹-3.57 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Cals Refineries. Cals Refineries's current EBIT is ₹-3.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cals Refineries stock overvalued right now?
Cals Refineries (BOM:526652) has a current EBIT of ₹-3.57 Mil. The current EBIT is ₹-3.57 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 Cals Refineries (BOM:526652), the current EBIT is ₹-3.57 Mil as of Sep. 2017. 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.

Cals Refineries Business Description

Industry EnergyOil & Gas
Address Suneja Tower-II, Unit No. 209, 2nd Floor, District Centre, Janakpuri, New Delhi, IND, 110058
Cals Refineries Ltd is a oil refining and petrochemical company.