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Neelkanth Rock Minerals (BOM:531049) EBIT : ₹3.48 Mil (TTM As of Dec. 2023)


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What is Neelkanth Rock Minerals EBIT?

Neelkanth Rock Minerals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹3.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neelkanth Rock Minerals's annualized ROC % for the quarter that ended in Dec. 2023 was -1.62%. Neelkanth Rock Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -222.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neelkanth Rock Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.91%.


Neelkanth Rock Minerals EBIT Historical Data

The historical data trend for Neelkanth Rock Minerals'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.

Neelkanth Rock Minerals EBIT Chart

Neelkanth Rock Minerals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.74 21.56 3.68 3.08

Neelkanth Rock Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.73 4.58 -0.63 -0.21 -0.25

Competitive Comparison of Neelkanth Rock Minerals's EBIT

For the Building Materials subindustry, Neelkanth Rock Minerals'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.


Neelkanth Rock Minerals's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Neelkanth Rock Minerals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Neelkanth Rock Minerals's EV-to-EBIT falls into.



Neelkanth Rock Minerals 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 ₹3.48 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.


Neelkanth Rock Minerals  (BOM:531049) EBIT Explanation

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

Neelkanth Rock Minerals'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 )
=-1.216 * ( 1 - 0% )/( (74.991 + 0)/ 1 )
=-1.216/74.991
=-1.62 %

where

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

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

Neelkanth Rock Minerals'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 )
=-1.008/( ( (0 + max(0.45400000000001, 0)) + (0 + max(0, 0)) )/ 1 )
=-1.008/( ( 0.45400000000001 + 0 )/ 1 )
=-1.008/0.45400000000001
=-222.03 %

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)
=(0 + 0 + 1.252) - (0.373 + 0 + 0.425)
=0.45400000000001

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:

Neelkanth Rock Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3.483/58.941
=5.91 %

* 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.


Neelkanth Rock Minerals EBIT Related Terms

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Neelkanth Rock Minerals (BOM:531049) Business Description

Traded in Other Exchanges
N/A
Address
Scheme Chopasani Jagir, Khasra No 175/74, Plot No 15/16, Flat No. 606, Jodhpur, RJ, IND, 342001
Neelkanth Rock Minerals Ltd is a granite quarrying unit. The company is engaged in the manufacturing and selling of granite slabs, tiles, and mineral products. The company operates only in India.

Neelkanth Rock Minerals (BOM:531049) Headlines

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