GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ceylon Investment PLC (COL:CINV.N0000) » Definitions » EBIT

Ceylon Investment (COL:CINV.N0000) EBIT : රු2,478.0 Mil (TTM As of Dec. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Ceylon Investment EBIT?

Ceylon Investment's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was රු1,638.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was රු2,478.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ceylon Investment's annualized ROC % for the quarter that ended in Dec. 2024 was 39.69%. Ceylon Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 34,753.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ceylon Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 77.21%.


Ceylon Investment EBIT Historical Data

The historical data trend for Ceylon Investment'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.

Ceylon Investment EBIT Chart

Ceylon Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -631.08 1,525.43 -475.62 753.38 1,724.24

Ceylon Investment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -216.02 435.25 392.75 11.56 1,638.48

Competitive Comparison of Ceylon Investment's EBIT

For the Asset Management subindustry, Ceylon Investment'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.


Ceylon Investment's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ceylon Investment's EV-to-EBIT distribution charts can be found below:

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


;
;

Ceylon Investment 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 රු2,478.0 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.


Ceylon Investment  (COL:CINV.N0000) EBIT Explanation

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

Ceylon Investment'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 )
=4094.292 * ( 1 - 1.23% )/( (8895.535 + 11483)/ 2 )
=4043.9322084/10189.2675
=39.69 %

where

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))
=11907.666 - 39.16 - ( 2972.971 - max(0, 39.16 - 3046.308+2972.971))
=8895.535

Invested Capital(Q: Dec. 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))
=15319.403 - 37.55 - ( 3798.853 - max(0, 37.55 - 3839.943+3798.853))
=11483

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

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

Ceylon Investment'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 )
=6553.92/( ( (0 + max(34.177, 0)) + (0 + max(3.54, 0)) )/ 2 )
=6553.92/( ( 34.177 + 3.54 )/ 2 )
=6553.92/18.8585
=34,753.14 %

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)
=(73.337 + 0 + 0) - (39.16 + 0 + 0)
=34.177

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.09 + 0 + 0) - (37.55 + 0 + 0)
=3.54

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:

Ceylon Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=2478.039/3209.321
=77.21 %

* 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.


Ceylon Investment EBIT Related Terms

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


Ceylon Investment Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Ceylon Investment PLC is an investment company which engages in the management of investment portfolios. It holds investments in the beverage, food and tobacco, hotels and travel, telecommunications, power and energy and healthcare sectors. The company is a subsidiary of Carson Cumberbatch PLC. The investment portfolio of the company is managed by Guardian Fund Management Limited.

Ceylon Investment Headlines

No Headlines