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GreenMerc AB (NGM:GMERC B) EBIT : kr1.7 Mil (TTM As of Jun. 2024)


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What is GreenMerc AB EBIT?

GreenMerc AB's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was kr4.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr1.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GreenMerc AB's annualized ROC % for the quarter that ended in Jun. 2024 was 72.65%. GreenMerc AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2,044.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GreenMerc AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.70%.

GreenMerc AB EBIT Historical Data

The historical data trend for GreenMerc AB'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.

GreenMerc AB EBIT Chart

GreenMerc AB Annual Data
Trend Dec22 Dec23
EBIT
0.98 -3.24

GreenMerc AB Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
EBIT - -0.97 -2.27 3.98

Competitive Comparison of GreenMerc AB's EBIT

For the Capital Markets subindustry, GreenMerc AB'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.

GreenMerc AB's EV-to-EBIT Distribution in the Capital Markets Industry

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

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


GreenMerc AB 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 semi-annually data reported by the company within the most recent 12 months, which was kr1.7 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.

GreenMerc AB  (NGM:GMERC B) EBIT Explanation

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

GreenMerc AB'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: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=6.836 * ( 1 - 0% )/( (6.606 + 12.213)/ 2 )
=6.836/9.4095
=72.65 %

where

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))
=12.856 - 0.807 - ( 5.443 - max(0, 1.274 - 7.503+5.443))
=6.606

Invested Capital(Q: Jun. 2024 )
=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))
=33.867 - 0 - ( 23.398 - max(0, 2.812 - 24.466+23.398))
=12.213

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

GreenMerc AB'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: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.964/( ( (0 + max(0.752, 0)) + (0.027 + max(-1.744, 0)) )/ 2 )
=7.964/( ( 0.752 + 0.027 )/ 2 )
=7.964/0.3895
=2,044.67 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.153 + 0 + 1.873) - (0.807 + 0 + 0.467)
=0.752

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.068 + 0 + 0) - (0 + 0 + 2.812)
=-1.744

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

GreenMerc AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1.716/100.683
=1.70 %

* 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.

GreenMerc AB EBIT Related Terms

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GreenMerc AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GreenMerc AB (NGM:GMERC B) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Box no. 5074, Stockholm, SWE, 102 42
Website
https://www.greenmerc.com
GreenMerc AB is a fintech company with a state-of-the-art proprietary software platform that supports both digital assets and traditional fintech services. Its platform is designed to shape the future of traditional banking while enabling easy and secure cryptocurrency trading.

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