Kanco Tea & Industries (BOM:541005) EBIT : ₹-76.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Kanco Tea & Industries EBIT?

Kanco Tea & Industries's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹-33.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-76.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kanco Tea & Industries's annualized ROC % for the quarter that ended in Dec. 2023 was -9.00%. Kanco Tea & Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -16.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kanco Tea & Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.12%.

Kanco Tea & Industries EBIT Historical Data

The historical data trend for Kanco Tea & Industries'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.

Kanco Tea & Industries EBIT Chart

Kanco Tea & Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

84.84

11.61

140.58

70.24

105.83

Kanco Tea & Industries 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															-40.40	-107.57	28.00	36.80	-33.50

Competitive Comparison of Kanco Tea & Industries's EBIT

For the Farm Products subindustry, Kanco Tea & Industries'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.

Kanco Tea & Industries's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanco Tea & Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kanco Tea & Industries's EV-to-EBIT falls into.

Kanco Tea & Industries 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 ₹-76.3 Mil.

Kanco Tea & Industries (BOM:541005) EBIT Explanation

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

Kanco Tea & Industries'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 )
=	-119.2 * ( 1 - 1.96% )	/	( (1298.9	+	0)	/ 1 )
=	-116.86368	/	1298.9
=	-9.00 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	1371.9	-	51.1	-	( 59.5	-	max(0, 478.7	-	500.6	+	59.5	))
=	1298.9

	Invested Capital		(Q: Dec. 2023 )
=	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. 2023) data.

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

Kanco Tea & Industries'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 )
=	-134	/	( ( (664.9 + max(149, 0))	+	(0 + max(0, 0)) )	/	1 )
=	-134	/	( ( 813.9	+	0 )	/	1 )
=	-134	/	813.9
=	-16.46 %

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)
=	(98.1	+	109.9	+	118.8)	-	(51.1	+	0	+	126.7)
=	149

	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:

Kanco Tea & Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-76.269	/	629.084
	=	-12.12 %

Kanco Tea & Industries EBIT Related Terms

Thank you for viewing the detailed overview of Kanco Tea & Industries's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Kanco Tea & Industries (BOM:541005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kanco Tea & Industries Ltd (BOM:541005) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

31, Shakespeare Sarani, Jasmine Tower, 3rd Floor, Kolkata, WB, IND, 700 017

Website

https://www.kancotea.in

Kanco Tea & Industries Ltd is an India-based company operating in the tea industry. It is mainly engaged in the cultivation, manufacturing, and selling of tea. The company generates its revenue from the sale of its product- black tea.

Kanco Tea & Industries (BOM:541005) Headlines

No Headlines