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Australian Premium Solar (India) (NSE:APS) EBIT : ₹ Mil (TTM As of Mar. 2023)


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What is Australian Premium Solar (India) EBIT?

Australian Premium Solar (India)'s earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹48.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Australian Premium Solar (India)'s annualized ROC % for the quarter that ended in Mar. 2023 was 21.88%. Australian Premium Solar (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 70.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Australian Premium Solar (India) EBIT Historical Data

The historical data trend for Australian Premium Solar (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.

Australian Premium Solar (India) EBIT Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23
EBIT
26.31 39.07 48.00

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23
EBIT 26.31 39.07 48.00

Competitive Comparison of Australian Premium Solar (India)'s EBIT

For the Solar subindustry, Australian Premium Solar (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.

Australian Premium Solar (India)'s EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s EV-to-EBIT falls into.


Australian Premium Solar (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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹ 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.

Australian Premium Solar (India)  (NSE:APS) EBIT Explanation

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

Australian Premium Solar (India)'s annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=50.056 * ( 1 - 26.28% )/( (160.219 + 177.046)/ 2 )
=36.9012832/168.6325
=21.88 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=346.837 - 150.828 - ( 35.79 - max(0, 208.892 - 260.053+35.79))
=160.219

Invested Capital(Q: Mar. 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))
=391.89 - 192.951 - ( 21.893 - max(0, 226.346 - 289.502+21.893))
=177.046

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

Australian Premium Solar (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47.998/( ( (66.363 + max(-52.758, 0)) + (69.236 + max(-29.583, 0)) )/ 2 )
=47.998/( ( 66.363 + 69.236 )/ 2 )
=47.998/67.7995
=70.79 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.436 + 64.784 + 51.429) - (150.828 + 0 + 46.579)
=-52.758

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97.181 + 47.086 + 41.294) - (192.951 + 0 + 22.193)
=-29.583

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=/7335.582
= %

* 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.

Australian Premium Solar (India) EBIT Related Terms

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Australian Premium Solar (India) (NSE:APS) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Australian Premium Solar (India) Ltd (NSE:APS) » Definitions » EBIT
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Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

Australian Premium Solar (India) (NSE:APS) Headlines

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