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Housing Development & Infrastructure (Housing Development & Infrastructure) EBIT : $-1.00 Mil (TTM As of Mar. 2024)


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What is Housing Development & Infrastructure EBIT?

Housing Development & Infrastructure's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Housing Development & Infrastructure's annualized ROC % for the quarter that ended in Mar. 2024 was -0.32%. Housing Development & Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -19.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Housing Development & Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.58%.


Housing Development & Infrastructure EBIT Historical Data

The historical data trend for Housing Development & Infrastructure'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.

Housing Development & Infrastructure EBIT Chart

Housing Development & Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.16 -1.67 -1.82 -2.41 -1.24

Housing Development & Infrastructure Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 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 -0.27 -1.62 -0.22 -0.21 -0.57

Competitive Comparison of Housing Development & Infrastructure's EBIT

For the Real Estate - Diversified subindustry, Housing Development & Infrastructure'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.


Housing Development & Infrastructure's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Housing Development & Infrastructure's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Housing Development & Infrastructure's EV-to-EBIT falls into.



Housing Development & Infrastructure 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 $-1.00 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.


Housing Development & Infrastructure  (GREY:HSDVY) EBIT Explanation

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

Housing Development & Infrastructure'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 )
=-2.448 * ( 1 - 0% )/( (0 + 770.528)/ 1 )
=-2.448/770.528
=-0.32 %

where

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

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

Housing Development & Infrastructure'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 )
=-2.272/( ( (0 + max(0, 0)) + (11.85 + max(-65.003, 0)) )/ 1 )
=-2.272/( ( 0 + 11.85 )/ 1 )
=-2.272/11.85
=-19.17 %

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 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.025 + 341.772 + 0.15100000000007) - (67.827 + 0 + 387.124)
=-65.003

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:

Housing Development & Infrastructure's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-0.996/172.230
=-0.58 %

* 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.


Housing Development & Infrastructure EBIT Related Terms

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Housing Development & Infrastructure (Housing Development & Infrastructure) Business Description

Traded in Other Exchanges
Address
Anant Kanekar Marg, Station Road, 9-01, HDIL Towers, Bandra (East), Mumbai, MH, IND, 400051
Housing Development & Infrastructure Ltd is a real estate company. The company is engaged in constructing residential and commercial properties. The company also focuses on slum rehabilitation and building shopping malls.

Housing Development & Infrastructure (Housing Development & Infrastructure) Headlines