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Scarnose International (BOM:543537) EBIT : ₹1.1 Mil (TTM As of Sep. 2024)


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What is Scarnose International EBIT?

Scarnose International's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹0.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Scarnose International's annualized ROC % for the quarter that ended in Sep. 2024 was 0.91%. Scarnose International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Scarnose International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.52%.

Scarnose International EBIT Historical Data

The historical data trend for Scarnose International'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.

Scarnose International EBIT Chart

Scarnose International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
0.38 3.01 5.48 0.74 0.15

Scarnose International Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial 0.42 0.33 -0.39 0.54 0.56

Competitive Comparison of Scarnose International's EBIT

For the Textile Manufacturing subindustry, Scarnose International'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.

Scarnose International's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Scarnose International 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹1.1 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.

Scarnose International  (BOM:543537) EBIT Explanation

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

Scarnose International's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1.124 * ( 1 - 23.31% )/( (94.275 + 94.866)/ 2 )
=0.8619956/94.5705
=0.91 %

where

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))
=95.944 - 0.203 - ( 1.466 - max(0, 0.383 - 79.648+1.466))
=94.275

Invested Capital(Q: Sep. 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))
=119.282 - 22.855 - ( 1.561 - max(0, 23.301 - 108.167+1.561))
=94.866

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

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

Scarnose International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.124/( ( (0.519 + max(55.129, 0)) + (0.471 + max(75.135, 0)) )/ 2 )
=1.124/( ( 55.648 + 75.606 )/ 2 )
=1.124/65.627
=1.71 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.656 + 0 + 1.856) - (0.203 + 0 + 0.18)
=55.129

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97.373 + 0 + 1.063) - (22.855 + 0 + 0.446)
=75.135

When net working capital is negative, 0 is used.

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

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

Scarnose International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1.098/210.917
=0.52 %

* 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.

Scarnose International EBIT Related Terms

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Scarnose International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Scarnose International Ltd (BOM:543537) » Definitions » EBIT
Comparable Companies
BOM:521222 BOM:542019 BOM:539449 BOM:521226 BOM:538838 BOM:538895 BOM:521131 BOM:544373 BOM:530151 BOM:531437 HKSE:02313 TSE:3402 TPE:1402 SZSE:000158 IST:SASA SHSE:601233 BOM:532889 SHSE:600295 AIN TPE:2915
Traded in Other Exchanges
N/A
Address
Off C. G. Road, 503, Sun Square, Nr Hotel Nest, Navrangpura, Ahmedabad, GJ, IND, 380006
Website
https://www.scarnose.com
Scarnose International Ltd main business activity is Trading of Textile. Manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The companies product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

Scarnose International Headlines

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