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Svitzer Group AS (CHIX:SVITZC) EBIT : kr1,195 Mil (TTM As of Jun. 2024)


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What is Svitzer Group AS EBIT?

Svitzer Group AS's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was kr414 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr1,195 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Svitzer Group AS's annualized ROC % for the quarter that ended in Jun. 2024 was 3.52%. Svitzer Group AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Svitzer Group AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.34%.

Svitzer Group AS EBIT Historical Data

The historical data trend for Svitzer Group AS'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.

Svitzer Group AS EBIT Chart

Svitzer Group AS Annual Data
Trend Dec21 Dec22 Dec23
EBIT
872.00 959.00 1,205.00

Svitzer Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
EBIT - - 424.00 781.00 414.00

Competitive Comparison of Svitzer Group AS's EBIT

For the Marine Shipping subindustry, Svitzer Group AS'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.

Svitzer Group AS's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Svitzer Group AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Svitzer Group AS's EV-to-EBIT falls into.


Svitzer Group AS 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr1,195 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.

Svitzer Group AS  (CHIX:SVITZc) EBIT Explanation

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

Svitzer Group AS's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=828 * ( 1 - 40.82% )/( (16206 + 11620)/ 2 )
=490.0104/13913
=3.52 %

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))
=14378 - 952 - ( 318 - max(0, 6937 - 4157+318))
=16206

Invested Capital(Q: Jun. 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))
=12425 - 0 - ( 805 - max(0, 1020 - 2006+805))
=11620

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

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

Svitzer Group AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=828/( ( (8633 + max(107, 0)) + (8867 + max(-18, 0)) )/ 2 )
=828/( ( 8740 + 8867 )/ 2 )
=828/8803.5
=9.41 %

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)
=(876 + 101 + 104) - (952 + 0 + 22)
=107

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(826 + 92 + 7) - (0 + 0 + 943)
=-18

When net working capital is negative, 0 is used.

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

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

Svitzer Group AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1195/10540.508
=11.34 %

* 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.

Svitzer Group AS EBIT Related Terms

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Svitzer Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (CHIX:SVITZc) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
SVZRF:USA SVITZR:Denmark 9Y1:Germany
Address
Sundkrogsgade 17, Copenhagen, DNK, 2100
Website
https://www.svitzer.com
Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage and Terminal Towage.

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