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Al Soor Fuel Marketing Co KSC (KUW:SOOR) EBIT : KWD-2.0 Mil (TTM As of Jun. 2024)


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What is Al Soor Fuel Marketing Co KSC EBIT?

Al Soor Fuel Marketing Co KSC's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was KWD-0.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was KWD-2.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Soor Fuel Marketing Co KSC's annualized ROC % for the quarter that ended in Jun. 2024 was -3.40%. Al Soor Fuel Marketing Co KSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -5.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al Soor Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 27.05%.


Al Soor Fuel Marketing Co KSC EBIT Historical Data

The historical data trend for Al Soor Fuel Marketing Co KSC'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.

Al Soor Fuel Marketing Co KSC EBIT Chart

Al Soor Fuel Marketing Co KSC Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.65 -3.25 -2.41 -1.68 -2.04

Al Soor Fuel Marketing Co KSC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.63 -1.17 -0.22 -0.32 -0.30

Competitive Comparison of Al Soor Fuel Marketing Co KSC's EBIT

For the Oil & Gas Refining & Marketing subindustry, Al Soor Fuel Marketing Co KSC'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.


Al Soor Fuel Marketing Co KSC's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Soor Fuel Marketing Co KSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Soor Fuel Marketing Co KSC's EV-to-EBIT falls into.



Al Soor Fuel Marketing Co KSC 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-2.0 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.


Al Soor Fuel Marketing Co KSC  (KUW:SOOR) EBIT Explanation

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

Al Soor Fuel Marketing Co KSC's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-1.208 * ( 1 - 4.42% )/( (33.789 + 34.041)/ 2 )
=-1.1546064/33.915
=-3.40 %

where

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

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

Al Soor Fuel Marketing Co KSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.208/( ( (22.617 + max(-19.703, 0)) + (22.488 + max(-20.064, 0)) )/ 2 )
=-1.208/( ( 22.617 + 22.488 )/ 2 )
=-1.208/22.5525
=-5.36 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.634 + 0.838 + 0) - (22.175 + 0 + 0)
=-19.703

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.173 + 0.78 + 0) - (23.018 + 0 + -0.00099999999999767)
=-20.064

When net working capital is negative, 0 is used.

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

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

Al Soor Fuel Marketing Co KSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2.011/-7.434
=27.05 %

* 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.


Al Soor Fuel Marketing Co KSC EBIT Related Terms

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Al Soor Fuel Marketing Co KSC Business Description

Traded in Other Exchanges
N/A
Address
AlMirqab - Block 3 - Omar bin Al-Khattab Street, P.O. Box 28396, KBT Tower, 14th Floor, Kuwait, KWT, 13144
Al Soor Fuel Marketing Co KSC is engaged in the acquisition, construction, leasing, operation, and maintenance of petrol filling stations. It also constructs, develops, operates, and maintains customer services center at petrol stations. The customer services centers operated by the company provide all services related to cars and vehicles such as oil changes, car wash, maintenance services, repair and technical testing of vehicles, and supermarket services. Its operating segments are Fuel marketing and other related services and Investment operations. The majority of its revenue derives from Fuel marketing and other associated services.

Al Soor Fuel Marketing Co KSC Headlines

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