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JRSH (Jerash Holdings (US)) EBIT : $-1.9 Mil (TTM As of Sep. 2024)


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What is Jerash Holdings (US) EBIT?

Jerash Holdings (US)'s earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $1.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jerash Holdings (US)'s annualized ROC % for the quarter that ended in Sep. 2024 was 7.28%. Jerash Holdings (US)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jerash Holdings (US)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.30%.


Jerash Holdings (US) EBIT Historical Data

The historical data trend for Jerash Holdings (US)'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.

Jerash Holdings (US) EBIT Chart

Jerash Holdings (US) 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 7.67 5.39 10.65 4.85 -0.17

Jerash Holdings (US) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.08 0.51 -2.93 -0.78 1.27

Competitive Comparison of Jerash Holdings (US)'s EBIT

For the Apparel Manufacturing subindustry, Jerash Holdings (US)'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.


Jerash Holdings (US)'s EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerash Holdings (US)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jerash Holdings (US)'s EV-to-EBIT falls into.



Jerash Holdings (US) 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.9 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.


Jerash Holdings (US)  (NAS:JRSH) EBIT Explanation

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

Jerash Holdings (US)'s annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=4.536 * ( 1 - 13.77% )/( (54.819 + 52.638)/ 2 )
=3.9113928/53.7285
=7.28 %

where

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

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

Jerash Holdings (US)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.096/( ( (25.751 + max(25.556, 0)) + (25.708 + max(22.751, 0)) )/ 2 )
=5.096/( ( 51.307 + 48.459 )/ 2 )
=5.096/49.883
=10.22 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.401 + 20.728 + 6.148) - (10.475 + 0.246 + 0)
=25.556

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.793 + 20.207 + 9.245) - (11.371 + 1.123 + 0)
=22.751

When net working capital is negative, 0 is used.

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

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

Jerash Holdings (US)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-1.929/30.596
=-6.30 %

* 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.


Jerash Holdings (US) EBIT Related Terms

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Jerash Holdings (US) Business Description

Traded in Other Exchanges
N/A
Address
277 Fairfield Road, Suite 338, Fairfield, NJ, USA, 07004
Jerash Holdings (US) Inc along with its subsidiaries is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers namely Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, and Philip-Van Heusen which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, Speedo etc. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. Geographically, the company generates maximum revenue from the United States.
Executives
Chi Yan Mak director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Kian Tjiauw Lee 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Lin Hung Choi director, 10 percent owner, officer: Chairman/CEO/Pres./Treasurer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Tsze Lun Ng 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Bill Korn director 61 DARREN DRIVE, BASKING RIDGE NJ 07920
Ibrahim H. Saif director 1 ZOHD STREET, RAWABI PROVINCE SWEIFIEH, AMMAN M2 11185
Gilbert K. Lee officer: Chief Financial Officer 260 EAST MAIN STREET, SUITE 2706, ROCHESTER NY 14604
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Karl Brenza officer: Head of U.S. Operations 26 CHERRY STREET, KATONAH NY 10536
Richard J. Shaw officer: Chief Financial Officer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Sean Socha director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001