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Clinitech Laboratory (BOM:544220) EBIT : ₹7.70 Mil (TTM As of Sep. 2024)


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What is Clinitech Laboratory EBIT?

Clinitech Laboratory's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹2.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹7.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clinitech Laboratory's annualized ROC % for the quarter that ended in Sep. 2024 was 7.83%. Clinitech Laboratory's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clinitech Laboratory's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.73%.


Clinitech Laboratory EBIT Historical Data

The historical data trend for Clinitech Laboratory'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.

Clinitech Laboratory EBIT Chart

Clinitech Laboratory Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
6.21 7.44 9.22 5.79

Clinitech Laboratory Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 1.06 4.73 2.97

Competitive Comparison of Clinitech Laboratory's EBIT

For the Diagnostics & Research subindustry, Clinitech Laboratory'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.


Clinitech Laboratory's EV-to-EBIT Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Clinitech Laboratory's EV-to-EBIT distribution charts can be found below:

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


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Clinitech Laboratory 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 ₹7.70 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.


Clinitech Laboratory  (BOM:544220) EBIT Explanation

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

Clinitech Laboratory'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 )
=4.858 * ( 1 - 14.83% )/( (45.505 + 60.136)/ 2 )
=4.1375586/52.8205
=7.83 %

where

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:

Clinitech Laboratory'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 )
=5.936/( ( (26.507 + max(10.075, 0)) + (27.647 + max(19.404, 0)) )/ 2 )
=5.936/( ( 36.582 + 47.051 )/ 2 )
=5.936/41.8165
=14.20 %

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)
=(5.983 + 2.841 + 11.274) - (3.561 + 0 + 6.462)
=10.075

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.736 + 3.487 + 16.498) - (4.234 + 0 + 8.083)
=19.404

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:

Clinitech Laboratory's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=7.695/45.989
=16.73 %

* 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.


Clinitech Laboratory EBIT Related Terms

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Clinitech Laboratory Business Description

Traded in Other Exchanges
N/A
Address
AL-1/545 and 546, Sector 16, Opposite Radhikabai Meghe Vidyalaya, Airoli, Navi Mumbai, MH, IND, 400708
Clinitech Laboratory Ltd is e a provider of diagnostic and healthcare tests and services through chain of 8 diagnostic centers in and around Thane and Navi Mumbai. It conduct more than 150 tests such as Biochemistry tests, Immunology tests, Hematology tests, Molecular Biology tests, Serology tests, Microbiology tests, etc.

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