GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » National Highways Infra Trust (BOM:543385) » Definitions » EBIT

National Highways Infra Trust (BOM:543385) EBIT : ₹4,746 Mil (TTM As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is National Highways Infra Trust EBIT?

National Highways Infra Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ₹1,244 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹4,746 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Highways Infra Trust's annualized ROC % for the quarter that ended in Sep. 2023 was 5.81%. National Highways Infra Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 28,129.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. National Highways Infra Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 2.46%.


National Highways Infra Trust EBIT Historical Data

The historical data trend for National Highways Infra Trust'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.

National Highways Infra Trust EBIT Chart

National Highways Infra Trust Annual Data
Trend Mar21 Mar22 Mar23
EBIT
-6.79 1,015.96 3,811.52

National Highways Infra Trust Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 777.37 1,116.06 1,076.60 1,309.53 1,244.29

Competitive Comparison of National Highways Infra Trust's EBIT

For the Shell Companies subindustry, National Highways Infra Trust'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.


National Highways Infra Trust's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, National Highways Infra Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where National Highways Infra Trust's EV-to-EBIT falls into.



National Highways Infra Trust 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 quarterly data reported by the company within the most recent 12 months, which was ₹4,746 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.


National Highways Infra Trust  (BOM:543385) EBIT Explanation

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

National Highways Infra Trust'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: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=4887.088 * ( 1 - -22.04% )/( (102649.627 + 102605.025)/ 2 )
=5964.2021952/102627.326
=5.81 %

where

Invested Capital(Q: Jun. 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))
=104438.37 - 389.796 - ( 1992.181 - max(0, 826.339 - 2225.286+1992.181))
=102649.627

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))
=104822.568 - 444.605 - ( 2737.949 - max(0, 1167.142 - 2940.08+2737.949))
=102605.025

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

National Highways Infra Trust'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: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4977.148/( ( (17.511 + max(-393.234, 0)) + (17.876 + max(-765.011, 0)) )/ 2 )
=4977.148/( ( 17.511 + 17.876 )/ 2 )
=4977.148/17.6935
=28,129.81 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.637 + 0 + 200.468) - (389.796 + 0 + 236.543)
=-393.234

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.285 + 0 + 162.846) - (444.605 + 0 + 522.537)
=-765.011

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

National Highways Infra Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=4746.487/193302.741
=2.46 %

* 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.


National Highways Infra Trust EBIT Related Terms

Thank you for viewing the detailed overview of National Highways Infra Trust's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


National Highways Infra Trust (BOM:543385) Business Description

Traded in Other Exchanges
Address
G 5&6, Sector-10, Dwarka, New Delhi, IND, 110 075
National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles.

National Highways Infra Trust (BOM:543385) Headlines

No Headlines