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Net Avenue Technologies (NSE:CBAZAAR) EBIT : ₹-14.1 Mil (TTM As of Mar. 2024)


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What is Net Avenue Technologies EBIT?

Net Avenue Technologies's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹-14.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-14.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Net Avenue Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -29.96%. Net Avenue Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -41.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Net Avenue Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -18.94%.

Net Avenue Technologies EBIT Historical Data

The historical data trend for Net Avenue Technologies'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.

Net Avenue Technologies EBIT Chart

Net Avenue Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
0.41 27.51 18.51 -14.06

Net Avenue Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 0.41 27.51 18.51 -14.06

Competitive Comparison of Net Avenue Technologies's EBIT

For the Internet Retail subindustry, Net Avenue Technologies'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.

Net Avenue Technologies's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Net Avenue Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Net Avenue Technologies's EV-to-EBIT falls into.


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Net Avenue Technologies 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. 2024 was ₹-14.1 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.

Net Avenue Technologies  (NSE:CBAZAAR) EBIT Explanation

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

Net Avenue Technologies's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-25.923 * ( 1 - 0% )/( (83.076 + 89.964)/ 2 )
=-25.923/86.52
=-29.96 %

where

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))
=146.126 - 59.885 - ( 3.165 - max(0, 121.117 - 128.252+3.165))
=83.076

Invested Capital(Q: Mar. 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))
=192.286 - 32.931 - ( 69.391 - max(0, 83.887 - 173.841+69.391))
=89.964

Note: The Operating Income data used here is one times the annual (Mar. 2024) data.

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

Net Avenue Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.061/( ( (4.099 + max(29.705, 0)) + (3.257 + max(31.069, 0)) )/ 2 )
=-14.061/( ( 33.804 + 34.326 )/ 2 )
=-14.061/34.065
=-41.28 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.843 + 72.271 + 38.086) - (59.885 + 0 + 33.61)
=29.705

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.732 + 55.083 + 42.304) - (32.931 + 0 + 37.119)
=31.069

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

Net Avenue Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-14.061/74.243
=-18.94 %

* 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.

Net Avenue Technologies EBIT Related Terms

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Net Avenue Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Net Avenue Technologies Ltd (NSE:CBAZAAR) » Definitions » EBIT
Comparable Companies
BOM:524622 BOM:521105 BOM:538765 BOM:543521 BOM:539291 AMZN BABA PDD HKSE:03690 MELI SE JD CPNG EBAY TSE:4689 BOM:543320 CHWY TSE:4755 CART TSE:3064
Traded in Other Exchanges
N/A
Address
Floor Prithvi Avenue, New No. 16, Old No. 13, 1st, Alwarpet, Chennai, TN, IND, 600018
Website
https://www.natl.in
Net Avenue Technologies Ltd is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.

Net Avenue Technologies Headlines

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