Resourceful Automobile (BOM:544236) EBIT : ₹-2.47 Mil (TTM As of Sep. 2024)

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What is Resourceful Automobile EBIT?

Resourceful Automobile's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹-2.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2.47 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Resourceful Automobile's annualized ROC % for the quarter that ended in Sep. 2024 was 8.89%. Resourceful Automobile's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Resourceful Automobile's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.42%.

Resourceful Automobile EBIT Historical Data

The historical data trend for Resourceful Automobile'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.

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Resourceful Automobile EBIT Chart

Resourceful Automobile Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

1.58

7.87

13.60

Resourceful Automobile Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
EBIT	-	-	-	9.65	-2.47

Competitive Comparison of Resourceful Automobile's EBIT

For the Auto & Truck Dealerships subindustry, Resourceful Automobile'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.

Resourceful Automobile's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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

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Resourceful Automobile 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 ₹-2.47 Mil.

Resourceful Automobile (BOM:544236) EBIT Explanation

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

Resourceful Automobile'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: Sep. 2023 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	17.016 * ( 1 - 0% )	/	( (0	+	191.361)	/ 1 )
=	17.016	/	191.361
=	8.89 %

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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	222.698	-	10.414	-	( 20.923	-	max(0, 53.172	-	218.58	+	20.923	))
=	191.361

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:

Resourceful Automobile'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: Sep. 2023		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.936	/	( ( (0 + max(0, 0))	+	(2.076 + max(69.25, 0)) )	/	1 )
=	-4.936	/	( ( 0	+	71.326 )	/	1 )
=	-4.936	/	71.326
=	-6.92 %

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)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.163	+	68.198	+	20.315)	-	(10.414	+	0	+	11.012)
=	69.25

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:

Resourceful Automobile's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-2.468	/	173.457
	=	-1.42 %

Resourceful Automobile EBIT Related Terms

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Resourceful Automobile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Resourceful Automobile Ltd (BOM:544236) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

KH No. 107/10 Main Road, K-24, Upper Ground, Raja puri, West Delhi, New Delhi, IND, 110059

Website

https://www.sawhneyauto.com

Resourceful Automobile Ltd is engaged in the dealership of two-wheeler bike of Yamaha, operating under the showroom name Sawhney Automobile. It is also involved in the sales and servicing of motorcycles and scooters. It operates in a single segment: Sales of bikes.

Resourceful Automobile Headlines

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