Melstar Information Technologies (BOM:532307) EBIT : ₹-25.93 Mil (TTM As of Dec. 2020)

View and export this data going back to 2000. Start your Free Trial

What is Melstar Information Technologies EBIT?

Melstar Information Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2020 was ₹-2.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was ₹-25.93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Melstar Information Technologies's annualized ROC % for the quarter that ended in Dec. 2020 was -10.17%. Melstar Information Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -7,442.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Melstar Information Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -33.49%.

Melstar Information Technologies EBIT Historical Data

The historical data trend for Melstar Information Technologies'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.

Melstar Information Technologies EBIT Chart

Melstar Information Technologies Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

EBIT

Get a 7-Day Free Trial

17.40

-22.40

-6.23

7.59

-43.75

Melstar Information Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
EBIT	Get a 7-Day Free Trial															-1.82	-19.21	-1.48	-3.16	-2.08

Competitive Comparison of Melstar Information Technologies's EBIT

For the Software - Application subindustry, Melstar Information Technologies'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.

Melstar Information Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Melstar Information Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Melstar Information Technologies's EV-to-EBIT falls into.

Melstar Information Technologies 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-25.93 Mil.

Melstar Information Technologies (BOM:532307) EBIT Explanation

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

Melstar Information Technologies's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

	ROC % (Q: Dec. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2020 )	+	Invested Capital (Q: Dec. 2020 ))	/ count )
=	-8.424 * ( 1 - 0% )	/	( (82.851	+	0)	/ 1 )
=	-8.424	/	82.851
=	-10.17 %

where

	Invested Capital		(Q: Sep. 2020 )
=	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	))
=	112.942	-	71.819	-	( 10.699	-	max(0, 149.505	-	107.777	+	10.699	))
=	82.851

	Invested Capital		(Q: Dec. 2020 )
=	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. 2020) data.

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

Melstar Information Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2020		Q: Dec. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-8.336	/	( ( (0.112 + max(-82.057, 0))	+	(0 + max(0, 0)) )	/	1 )
=	-8.336	/	( ( 0.112	+	0 )	/	1 )
=	-8.336	/	0.112
=	-7,442.86 %

where Working Capital is:

	Working Capital		(Q: Sep. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(21.965	+	0	+	15.783)	-	(71.819	+	0	+	47.986)
=	-82.057

	Working Capital		(Q: Dec. 2020 )
=	(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. 2020) EBIT data.

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

Melstar Information Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2020 )
	=	-25.929	/	77.419
	=	-33.49 %

Melstar Information Technologies EBIT Related Terms

Thank you for viewing the detailed overview of Melstar Information Technologies's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Melstar Information Technologies (BOM:532307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Melstar Information Technologies Ltd (BOM:532307) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

159, 5th Floor, Industry House, Reclamation, Churchgate, Mumbai, MH, IND, 400020

Website

http://www.melstar.com

Melstar Information Technologies Ltd is a software service company. It is an Information Technology (IT) solution provider to the banking, insurance, government, and IT sectors. The company provides services such as application services, application development, application management, enterprise application services, Business Practices, and Technology practices.

Melstar Information Technologies (BOM:532307) Headlines

No Headlines