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African Dawn Capital (JSE:ADW) EBIT : R-24.96 Mil (TTM As of Aug. 2023)


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What is African Dawn Capital EBIT?

African Dawn Capital's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2023 was R-15.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2023 was R-24.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. African Dawn Capital's annualized ROC % for the quarter that ended in Aug. 2023 was -85.64%. African Dawn Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -469.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. African Dawn Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -39.73%.


African Dawn Capital EBIT Historical Data

The historical data trend for African Dawn Capital'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.

African Dawn Capital EBIT Chart

African Dawn Capital Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.32 -10.12 -12.56 -12.80 -15.64

African Dawn Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -6.38 -6.42 -5.99 -9.66 -15.31

Competitive Comparison of African Dawn Capital's EBIT

For the Credit Services subindustry, African Dawn Capital'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.


African Dawn Capital's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where African Dawn Capital's EV-to-EBIT falls into.



African Dawn Capital 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-24.96 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.


African Dawn Capital  (JSE:ADW) EBIT Explanation

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

African Dawn Capital's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2023 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-30.61 * ( 1 - 0% )/( (36.714 + 34.768)/ 2 )
=-30.61/35.741
=-85.64 %

where

Note: The Operating Income data used here is two times the semi-annual (Aug. 2023) data.

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

African Dawn Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2023  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-30.61/( ( (1.351 + max(5.286, 0)) + (1.406 + max(5.004, 0)) )/ 2 )
=-30.61/( ( 6.637 + 6.41 )/ 2 )
=-30.61/6.5235
=-469.23 %

where Working Capital is:

Working Capital(Q: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.375 + 0 + 0.235) - (1.963 + 0 + 2.361)
=5.286

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.087 + 0 + 0) - (5.083 + 0 + 0)
=5.004

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2023) EBIT data.

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

African Dawn Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=-24.961/62.828
=-39.73 %

* 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.


African Dawn Capital EBIT Related Terms

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African Dawn Capital Business Description

Traded in Other Exchanges
N/A
Address
Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

African Dawn Capital Headlines

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