Goblin India (BOM:542850) EBIT : ₹56.6 Mil (TTM As of Sep. 2023)

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What is Goblin India EBIT?

Goblin India's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹25.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹56.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Goblin India's annualized ROC % for the quarter that ended in Sep. 2023 was 4.12%. Goblin India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 10.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Goblin India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 5.72%.

Goblin India EBIT Historical Data

The historical data trend for Goblin India'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.

Goblin India EBIT Chart

Goblin India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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66.39

69.11

2.10

4.41

44.95

Goblin India Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial							3.67	0.74	13.93	31.03	25.58

Competitive Comparison of Goblin India's EBIT

For the Footwear & Accessories subindustry, Goblin India'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.

Goblin India's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's EV-to-EBIT distribution charts can be found below:

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

Goblin India 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹56.6 Mil.

Goblin India (BOM:542850) EBIT Explanation

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

Goblin India's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	25.752 * ( 1 - 0% )	/	( (596.554	+	653.082)	/ 2 )
=	25.752	/	624.818
=	4.12 %

where

	Invested Capital		(Q: Mar. 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	))
=	728.316	-	129.759	-	( 2.003	-	max(0, 215.141	-	655.584	+	2.003	))
=	596.554

	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	))
=	763.703	-	108.737	-	( 1.884	-	max(0, 182.141	-	691.006	+	1.884	))
=	653.082

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Goblin India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	51.164	/	( ( (42.955 + max(507.251, 0))	+	(42.846 + max(395.822, 0)) )	/	2 )
=	51.164	/	( ( 550.206	+	438.668 )	/	2 )
=	51.164	/	494.437
=	10.35 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(302.944	+	163.986	+	185.483)	-	(129.759	+	0	+	15.403)
=	507.251

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(319.249	+	178.828	+	21.019)	-	(108.737	+	0	+	14.537)
=	395.822

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Goblin India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	56.61	/	989.030
	=	5.72 %

Goblin India EBIT Related Terms

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Goblin India (BOM:542850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Goblin India Ltd (BOM:542850) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.goblinindia.com

Goblin India Ltd is engaged in manufacturing of traveling gear solutions. The company offers a variety of Travelling Gears including Hard Luggage, Soft Luggage and other accessories like wallets, purses, travel neck pillow. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories and corporate gifts.

Goblin India (BOM:542850) Headlines

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