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Aashka Hospitals (BOM:543346) EBIT : ₹56.0 Mil (TTM As of Mar. 2024)


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What is Aashka Hospitals EBIT?

Aashka Hospitals's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹36.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹56.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aashka Hospitals's annualized ROC % for the quarter that ended in Mar. 2024 was 6.93%. Aashka Hospitals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aashka Hospitals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.10%.


Aashka Hospitals EBIT Historical Data

The historical data trend for Aashka Hospitals'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.

Aashka Hospitals EBIT Chart

Aashka Hospitals Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 61.58 72.04 54.93 4.10 55.96

Aashka Hospitals Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only -21.01 -7.05 11.15 19.71 36.25

Competitive Comparison of Aashka Hospitals's EBIT

For the Medical Care Facilities subindustry, Aashka Hospitals'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.


Aashka Hospitals's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aashka Hospitals's EV-to-EBIT distribution charts can be found below:

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



Aashka Hospitals 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹56.0 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.


Aashka Hospitals  (BOM:543346) EBIT Explanation

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

Aashka Hospitals's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=103.904 * ( 1 - 17.16% )/( (1230.587 + 1252.005)/ 2 )
=86.0740736/1241.296
=6.93 %

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))
=1226.291 - 15.479 - ( 9.724 - max(0, 156.946 - 137.171+9.724))
=1230.587

Invested Capital(Q: Mar. 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))
=1214.535 - 19.96 - ( 19.814 - max(0, 162.292 - 104.862+19.814))
=1252.005

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Aashka Hospitals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=72.506/( ( (445.213 + max(101.775, 0)) + (432.342 + max(43.96, 0)) )/ 2 )
=72.506/( ( 546.988 + 476.302 )/ 2 )
=72.506/511.645
=14.17 %

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)
=(91.022 + 3.881 + 32.511) - (15.479 + 0 + 10.16)
=101.775

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.219 + 3.738 + 33.091) - (19.96 + 0 + 21.128)
=43.96

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Aashka Hospitals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=55.964/2659.783
=2.10 %

* 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.


Aashka Hospitals EBIT Related Terms

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Aashka Hospitals Business Description

Traded in Other Exchanges
N/A
Address
Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar, GJ, IND, 382421
Aashka Hospital Ltd is an integrated healthcare service provider that offers the quality of healthcare facilities including prevention, treatment, and rehabilitation. It serves a range of healthcare services such as Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more. The group also includes the operation of Multi-Disciplinary Private Hospital, Clinics, and Pharmacies.

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