Rentunder Holding AB (NGM:RENT) EBIT: kr-3.35 Mil (TTM As of Dec. 2024)


What is Rentunder Holding AB EBIT?

Rentunder Holding AB NGM:RENT EBIT is kr-3.35 Mil as of Dec. 2024.

Rentunder Holding AB's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was kr-1.81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was kr-3.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rentunder Holding AB's annualized ROC % for the quarter that ended in Dec. 2024 was -56.68%. Rentunder Holding AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -831.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rentunder Holding AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -82.26%.

Rentunder Holding AB  (NGM:RENT) EBIT Explanation

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

Rentunder Holding AB's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-3.664 * ( 1 - 0% )/( (6.88 + 6.049)/ 2 )
=-3.664/6.4645
=-56.68 %

where

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))
=5.384 - 0.309 - ( 1.098 - max(0, 4.631 - 2.826+1.098))
=6.88

Invested Capital(Q: Dec. 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))
=7.259 - 0.153 - ( 1.057 - max(0, 2.873 - 5.012+1.057))
=6.049

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

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

Rentunder Holding AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.628/( ( (0.483 + max(-3.239, 0)) + (0.347 + max(0.043, 0)) )/ 2 )
=-3.628/( ( 0.483 + 0.39 )/ 2 )
=-3.628/0.4365
=-831.16 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.221 + 1.094 + 0.077) - (0.309 + 0 + 4.322)
=-3.239

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.929 + 1.915 + 0.072) - (0.153 + 0 + 2.72)
=0.043

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-3.349/4.071
=-82.26 %

* 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.

Rentunder Holding AB EBIT Related Terms

Rentunder Holding AB EBIT Historical Data

* Premium members only.

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB EBIT Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only -4.25 -1.11 -2.16 0.96 -3.35

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.96 -1.26 2.22 -1.54 -1.81

NGM:RENT vs VLTO, ZWS, FSS: EBIT Comparison

For the Pollution & Treatment Controls subindustry, Rentunder Holding 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.

Rentunder Holding AB EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's EV-to-EBIT distribution charts can be found below:

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


Rentunder Holding 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-3.35 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of kr-3.35 Mil mean?
Rentunder Holding AB (NGM:RENT) has a EBIT of kr-3.35 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rentunder Holding AB.
Is Rentunder Holding AB's EBIT too high?
Rentunder Holding AB's current EBIT is kr-3.35 Mil.
How does Rentunder Holding AB's EBIT compare to VLTO and ZWS?
Rentunder Holding AB's EBIT of kr-3.35 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rentunder Holding AB. Rentunder Holding AB's current EBIT is kr-3.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current EBIT of kr-3.35 Mil. The current EBIT is kr-3.35 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rentunder Holding AB (NGM:RENT), the current EBIT is kr-3.35 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.