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Mizzen Ventures (BOM:531537) EBIT : ₹-22.20 Mil (TTM As of Sep. 2024)


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What is Mizzen Ventures EBIT?

Mizzen Ventures's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹-2.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-22.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mizzen Ventures's annualized ROC % for the quarter that ended in Sep. 2024 was -951.62%. Mizzen Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mizzen Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.70%.


Mizzen Ventures EBIT Historical Data

The historical data trend for Mizzen Ventures'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.

Mizzen Ventures EBIT Chart

Mizzen Ventures 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 -1.85 -0.13 -0.03 -0.03 -18.77

Mizzen Ventures Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -0.01 -18.77 -1.22 -2.20

Competitive Comparison of Mizzen Ventures's EBIT

For the Infrastructure Operations subindustry, Mizzen Ventures'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.


Mizzen Ventures's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mizzen Ventures's EV-to-EBIT distribution charts can be found below:

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



Mizzen Ventures 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-22.20 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.


Mizzen Ventures  (BOM:531537) EBIT Explanation

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

Mizzen Ventures's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-8.812 * ( 1 - 0% )/( (0 + 0.92599999999999)/ 1 )
=-8.812/0.92599999999999
=-951.62 %

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))
=190.212 - 0 - ( 190.199 - max(0, 0.913 - 190.199+190.199))
=0.92599999999999

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

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

Mizzen Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.812/( ( (0 + max(0, 0)) + (0 + max(-0.913, 0)) )/ 1 )
=-8.812/( ( 0 + 0 )/ 1 )
=-8.812/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0.913)
=-0.913

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Mizzen Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-22.197/1307.330
=-1.70 %

* 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.


Mizzen Ventures EBIT Related Terms

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Mizzen Ventures Business Description

Traded in Other Exchanges
N/A
Address
Kondapur Main Road, Laxmi Nagar, Flat No. 704, D Block, Tower A, Aparna heights, Kondapur, Hyderabad, TG, IND, 500084
Mizzen Ventures Ltd formerly Jyothi Infraventures Ltd is an infrastructure development company. The company handles infrastructure projects. The Company is engaged in business of trading of infrastructure building materials and infra works. The company's infrastructure activities include road construction, bridge development, water supply projects, and other critical infrastructure initiatives.

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