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Union Assurance (COL:UAL.N0000) EBIT : රු0 Mil (TTM As of Mar. 2024)


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What is Union Assurance EBIT?

Union Assurance's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was රු0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was රු0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Union Assurance's annualized ROC % for the quarter that ended in Mar. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Union Assurance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.


Union Assurance EBIT Historical Data

The historical data trend for Union Assurance'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.

Union Assurance EBIT Chart

Union Assurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,993.13 1,827.76 2,656.51 3,753.78 5,294.52

Union Assurance 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 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 - - - - -

Competitive Comparison of Union Assurance's EBIT

For the Insurance - Diversified subindustry, Union Assurance'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.


Union Assurance's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Union Assurance's EV-to-EBIT distribution charts can be found below:

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



Union Assurance 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 රු0 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.


Union Assurance  (COL:UAL.N0000) EBIT Explanation

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

Union Assurance's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0 * ( 1 - 26.3% )/( (93927.1898 + 94497.9423)/ 2 )
=0/94212.56605
=0.00 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=95669.661 - 1323.775 - ( 839.475 - 5% * 8415.576 )
=93927.1898

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=95915.91 - 837.092 - ( 980.601 - 5% * 7994.506 )
=94497.9423

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Union Assurance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0/28376.307
=0.00 %

* 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.


Union Assurance EBIT Related Terms

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Union Assurance (COL:UAL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 20, St. Michael's Road, Union Assurance Centre, Colombo, LKA, 03
Union Assurance PLC is engaged in the Life insurance business. It provides Life insurance solutions for both Individual and corporate customers. The company's operating segment includes the Policyholder Fund and Shareholder Fund. It generates maximum revenue from the Policyholder Fund segment. UA maintains five separate policy holder funds according to the following product types: Participating, Non-participating, Universal life, Unit linked, and Non-unit linked.

Union Assurance (COL:UAL.N0000) Headlines

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