GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ASK Automotive Ltd (BOM:544022) » Definitions » EBIT

ASK Automotive (BOM:544022) EBIT : ₹3,436 Mil (TTM As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is ASK Automotive EBIT?

ASK Automotive's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹934 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹3,436 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ASK Automotive's annualized ROC % for the quarter that ended in Dec. 2024 was 18.49%. ASK Automotive's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 34.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ASK Automotive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.71%.


ASK Automotive EBIT Historical Data

The historical data trend for ASK Automotive'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.

ASK Automotive EBIT Chart

ASK Automotive Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
1,535.43 1,209.33 1,808.35 2,583.14

ASK Automotive Quarterly Data
Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 739.50 675.44 844.10 982.50 934.20

Competitive Comparison of ASK Automotive's EBIT

For the Auto Parts subindustry, ASK Automotive'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.


ASK Automotive's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ASK Automotive's EV-to-EBIT distribution charts can be found below:

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


';

ASK Automotive 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,436 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.


ASK Automotive  (BOM:544022) EBIT Explanation

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

ASK Automotive's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=3524.4 * ( 1 - 23.3% )/( (14621.6 + 0)/ 1 )
=2703.2148/14621.6
=18.49 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

ASK Automotive's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3736.8/( ( (10031.4 + max(861.1, 0)) + (0 + max(0, 0)) )/ 1 )
=3736.8/( ( 10892.5 + 0 )/ 1 )
=3736.8/10892.5
=34.31 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2920.9 + 2322.2 + 312.3) - (3771.8 + 0 + 922.5)
=861.1

Working Capital(Q: Dec. 2024 )
=(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. 2024) EBIT data.

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

ASK Automotive's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=3436.238/92603.041
=3.71 %

* 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.


ASK Automotive EBIT Related Terms

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


ASK Automotive Business Description

Traded in Other Exchanges
Address
Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050
ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminum lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.

ASK Automotive Headlines

No Headlines