Maridive & Oil ServicesE (CAI:MOIL) EBIT : $98.8 Mil (TTM As of Mar. 2024)

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What is Maridive & Oil ServicesE EBIT?

Maridive & Oil ServicesE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $29.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $98.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maridive & Oil ServicesE's annualized ROC % for the quarter that ended in Mar. 2024 was 10.33%. Maridive & Oil ServicesE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maridive & Oil ServicesE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.16%.

Maridive & Oil ServicesE EBIT Historical Data

The historical data trend for Maridive & Oil ServicesE'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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Maridive & Oil ServicesE EBIT Chart

Maridive & Oil ServicesE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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37.32

-111.62

-53.29

-88.90

83.45

Maridive & Oil ServicesE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															14.20	17.51	18.55	33.66	29.05

Competitive Comparison of Maridive & Oil ServicesE's EBIT

For the Oil & Gas Equipment & Services subindustry, Maridive & Oil ServicesE'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.

Maridive & Oil ServicesE's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Maridive & Oil ServicesE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Maridive & Oil ServicesE's EV-to-EBIT falls into.

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Maridive & Oil ServicesE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $98.8 Mil.

Maridive & Oil ServicesE (CAI:MOIL) EBIT Explanation

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

Maridive & Oil ServicesE's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	91.532 * ( 1 - 8.59% )	/	( (910.439	+	709.183)	/ 2 )
=	83.6694012	/	809.811
=	10.33 %

where

	Invested Capital		(Q: Dec. 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	))
=	670.913	-	0	-	( 27.573	-	max(0, 381.036	-	141.51	+	27.573	))
=	910.439

	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	))
=	631.455	-	139.39	-	( 16.628	-	max(0, 369.61	-	152.492	+	16.628	))
=	709.183

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

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

Maridive & Oil ServicesE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	116.18	/	( ( (0 + max(-182.479, 0))	+	(469.494 + max(-206.071, 0)) )	/	2 )
=	116.18	/	( ( 0	+	469.494 )	/	2 )
=	116.18	/	234.747
=	49.49 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	113.937)	-	(0	+	0	+	296.416)
=	-182.479

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(55.571	+	3.972	+	12.583)	-	(139.39	+	0	+	138.807)
=	-206.071

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Maridive & Oil ServicesE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	98.762	/	408.724
	=	24.16 %

Maridive & Oil ServicesE EBIT Related Terms

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Maridive & Oil ServicesE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Maridive & Oil Services SAE (CAI:MOIL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Gomhoureya Street, Shaher group building, General Free Zone, Port Said, EGY

Website

http://www.maridivegroup.net

Maridive & Oil Services SAE is engaged in providing offshore marine and oil support services in Egypt. The services provided by the company includes underwater pipe-laying and cable-laying operations, engineering, procurement and construction for offshore projects, installation of offshore platforms, offshore construction and repair works, and construction of piers, jetties, loading terminals, channel crossings. The company also offers painting and sandblasting of offshore installations and platforms, rig positioning and sea-bed survey, maintenance of subsea infrastructure and other related services.

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