Chromatic India (LUX:168089) EBIT : $-0.67 Mil (TTM As of Sep. 2020)

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What is Chromatic India EBIT?

Chromatic India's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was $-0.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was $-0.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chromatic India's annualized ROC % for the quarter that ended in Sep. 2020 was -4.71%. Chromatic India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -451.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chromatic India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -14.11%.

Chromatic India EBIT Historical Data

The historical data trend for Chromatic India'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.

Chromatic India EBIT Chart

Chromatic India Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

EBIT

Get a 7-Day Free Trial

0.04

0.02

-0.03

-0.07

Chromatic India Quarterly Data
	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
EBIT	Get a 7-Day Free Trial															-0.09	-0.03	-0.10	-0.09	-0.45

Competitive Comparison of Chromatic India's EBIT

For the Specialty Chemicals subindustry, Chromatic India'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.

Chromatic India's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chromatic India's EV-to-EBIT distribution charts can be found below:

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

Chromatic India 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.67 Mil.

Chromatic India (LUX:168089) EBIT Explanation

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

Chromatic India's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

	ROC % (Q: Sep. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2020 )	+	Invested Capital (Q: Sep. 2020 ))	/ count )
=	-1.816 * ( 1 - 0% )	/	( (0	+	38.576)	/ 1 )
=	-1.816	/	38.576
=	-4.71 %

where

	Invested Capital		(Q: Jun. 2020 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 2020 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	40.512	-	2.357	-	( 0.398	-	max(0, 2.964	-	2.543	+	0.398	))
=	38.576

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) data.

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

Chromatic India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2020		Q: Sep. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.816	/	( ( (0 + max(0, 0))	+	(0.402 + max(-0.338, 0)) )	/	1 )
=	-1.816	/	( ( 0	+	0.402 )	/	1 )
=	-1.816	/	0.402
=	-451.74 %

where Working Capital is:

	Working Capital		(Q: Jun. 2020 )
=	(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: Sep. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.685	+	0.148	+	0.312)	-	(2.357	+	0	+	0.126)
=	-0.338

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

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

Chromatic India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2020 )
	=	-0.668	/	4.735
	=	-14.11 %

Chromatic India EBIT Related Terms

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Chromatic India (LUX:168089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chromatic India Ltd (LUX:168089) » Definitions » EBIT

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Traded in Other Exchanges

N/A

Address

501, Maker Chamber V, 221, Nariman Point, Mumbai, Maharashtra, IND, 400021

Website

http://www.chromatic.in

Chromatic India Ltd is an Indian based chemical manufacturing company. It is currently in the business of manufacturing, trading, and export of Synthetic Organic dyes and chemicals. It is a manufacturer and supplier of chemical dyes, dye intermediates, and basic chemicals. Its products include dyestuff based on cyanuric chloride, which includes Chromactive Yellow E - XN, ChromactiveRosso E - XN and Chromactive Navy E - XN; double anchor type, which includes ChromazolYellow BF-3RS. Geographically, the company operates through Domestic and the overseas segments.

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