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Teejay Lanka (COL:TJL.N0000) EBIT : රු4,072 Mil (TTM As of Dec. 2024)


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What is Teejay Lanka EBIT?

Teejay Lanka's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was රු1,632 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was රු4,072 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Teejay Lanka's annualized ROC % for the quarter that ended in Dec. 2024 was 11.86%. Teejay Lanka's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 20.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Teejay Lanka's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 12.13%.


Teejay Lanka EBIT Historical Data

The historical data trend for Teejay Lanka'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.

Teejay Lanka EBIT Chart

Teejay Lanka 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 2,972.26 2,718.19 3,012.94 4,106.56 2,667.89

Teejay Lanka 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 933.43 679.78 518.77 1,241.36 1,632.05

Competitive Comparison of Teejay Lanka's EBIT

For the Textile Manufacturing subindustry, Teejay Lanka'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.


Teejay Lanka's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teejay Lanka's EV-to-EBIT distribution charts can be found below:

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


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Teejay Lanka 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 රු4,072 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.


Teejay Lanka  (COL:TJL.N0000) EBIT Explanation

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

Teejay Lanka'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 )
=5954.444 * ( 1 - 30.89% )/( (35062.709 + 34355.299)/ 2 )
=4115.1162484/34709.004
=11.86 %

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))
=55680.013 - 12212.952 - ( 8404.352 - max(0, 16985.935 - 31997.676+8404.352))
=35062.709

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))
=56414.33 - 13692.373 - ( 8366.658 - max(0, 18250.947 - 33797.379+8366.658))
=34355.299

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

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

Teejay Lanka'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 )
=6528.184/( ( (20148.522 + max(11380.372, 0)) + (19293.868 + max(11738.348, 0)) )/ 2 )
=6528.184/( ( 31528.894 + 31032.216 )/ 2 )
=6528.184/31280.555
=20.87 %

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)
=(11054.535 + 11882.743 + 656.046) - (12212.952 + 0 + 3.6379788070917E-12)
=11380.372

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12673.711 + 12112.542 + 644.46800000001) - (13692.373 + 0 + 0)
=11738.348

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:

Teejay Lanka's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=4071.956/33566.344
=12.13 %

* 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.


Teejay Lanka EBIT Related Terms

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Teejay Lanka Business Description

Traded in Other Exchanges
N/A
Address
Block D8 - D14, Seethawaka Export Processing Zone Industrial Park, Avissawella, LKA, 10700
Teejay Lanka PLC is engaged in the manufacturing and selling of weft knit fabrics. The company's operating segments include Textile manufacturing and Fabric printing and generates maximum revenue from the Textile manufacturing segment. Geographically, the company derives a majority of its revenue from Sri Lanka. The products of the company include Single Jersey, Interlock, Rib, Pique, Lacoste, Fleece, Terry, Collars, and Cuffs.

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