Global Financial Investments HoldingOG (MUS:GFIC) EBIT : ر.ع6.26 Mil (TTM As of Dec. 2023)

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What is Global Financial Investments HoldingOG EBIT?

Global Financial Investments HoldingOG's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ر.ع2.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع6.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Financial Investments HoldingOG's annualized ROC % for the quarter that ended in Dec. 2023 was 16.91%. Global Financial Investments HoldingOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 35.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Financial Investments HoldingOG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 126.30%.

Global Financial Investments HoldingOG EBIT Historical Data

The historical data trend for Global Financial Investments HoldingOG'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.

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Global Financial Investments HoldingOG EBIT Chart

Global Financial Investments HoldingOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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0.30

1.38

3.14

3.06

6.26

Global Financial Investments HoldingOG Quarterly Data
	Sep18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															1.25	1.37	1.07	0.93	2.89

Competitive Comparison of Global Financial Investments HoldingOG's EBIT

For the Capital Markets subindustry, Global Financial Investments HoldingOG'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.

Global Financial Investments HoldingOG's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Global Financial Investments HoldingOG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Global Financial Investments HoldingOG's EV-to-EBIT falls into.

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Global Financial Investments HoldingOG 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع6.26 Mil.

Global Financial Investments HoldingOG (MUS:GFIC) EBIT Explanation

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

Global Financial Investments HoldingOG's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	12.168 * ( 1 - 17.44% )	/	( (57.309	+	61.479)	/ 2 )
=	10.0459008	/	59.394
=	16.91 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	80.335	-	13.259	-	( 16.64	-	max(0, 18.145	-	27.912	+	16.64	))
=	57.309

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	75.35	-	3.214	-	( 17.274	-	max(0, 13.281	-	23.938	+	17.274	))
=	61.479

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Global Financial Investments HoldingOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	11.544	/	( ( (32.478 + max(-3.517, 0))	+	(32.238 + max(-2.523, 0)) )	/	2 )
=	11.544	/	( ( 32.478	+	32.238 )	/	2 )
=	11.544	/	32.358
=	35.68 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(10.411	+	0.033	+	0.085999999999999)	-	(13.259	+	0	+	0.788)
=	-3.517

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.593	+	0.059	+	-3.5527136788005E-15)	-	(3.214	+	0	+	5.961)
=	-2.523

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Global Financial Investments HoldingOG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	6.258	/	4.955
	=	126.30 %

Global Financial Investments HoldingOG EBIT Related Terms

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Global Financial Investments HoldingOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Global Financial Investments Holding SAOG (MUS:GFIC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O Box 978, Muscat, OMN, 113

Website

https://www.gfioman.com

Global Financial Investments Holding SAOG through its subsidiaries is engaged in brokerage, investment consultancy services, educational and training services, logistic services, leasing and financing services, manufacturing of aluminum products, and production and manufacturing of industrial gas. Its principal activity includes Brokerage and Investment, Educational and Training, and the majority of its revenue is derived from Educational and Training. Its group operates in two principal geographical areas the Sultanate of Oman and the United Arab Emirates out of which the Sultanate of Oman contributes the majority of total revenue.

Global Financial Investments HoldingOG Headlines

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