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Vasa Denticity (NSE:DENTALKART) EBIT : ₹195 Mil (TTM As of Mar. 2024)


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What is Vasa Denticity EBIT?

Vasa Denticity's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹195 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vasa Denticity's annualized ROC % for the quarter that ended in Mar. 2024 was 39.97%. Vasa Denticity's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 87.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vasa Denticity's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.03%.


Vasa Denticity EBIT Historical Data

The historical data trend for Vasa Denticity'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.

Vasa Denticity EBIT Chart

Vasa Denticity Annual Data
Trend Mar20 Mar21 Mar22 Mar24
EBIT
1.49 4.96 57.75 194.79

Vasa Denticity Semi-Annual Data
Mar20 Mar21 Mar22 Sep23 Mar24
EBIT - - - 76.85 117.94

Competitive Comparison of Vasa Denticity's EBIT

For the Medical Distribution subindustry, Vasa Denticity'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.


Vasa Denticity's EV-to-EBIT Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's EV-to-EBIT distribution charts can be found below:

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



Vasa Denticity 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹195 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.


Vasa Denticity  (NSE:DENTALKART) EBIT Explanation

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

Vasa Denticity'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=233.18 * ( 1 - 25.28% )/( (385.865 + 486.058)/ 2 )
=174.232096/435.9615
=39.97 %

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))
=747.815 - 75.552 - ( 286.398 - max(0, 141.301 - 665.165+286.398))
=385.865

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))
=857.426 - 113.795 - ( 257.573 - max(0, 164.271 - 812.906+257.573))
=486.058

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

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

Vasa Denticity'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=235.88/( ( (21.789 + max(184.905, 0)) + (26.636 + max(304.489, 0)) )/ 2 )
=235.88/( ( 206.694 + 331.125 )/ 2 )
=235.88/268.9095
=87.72 %

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)
=(35.016 + 269.316 + 17.321) - (75.552 + 0 + 61.196)
=184.905

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(112.675 + 339.668 + 15.634) - (113.795 + 0 + 49.693)
=304.489

When net working capital is negative, 0 is used.

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

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

Vasa Denticity's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=194.787/9583.568
=2.03 %

* 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.


Vasa Denticity EBIT Related Terms

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Vasa Denticity (NSE:DENTALKART) Business Description

Traded in Other Exchanges
N/A
Address
Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074
Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

Vasa Denticity (NSE:DENTALKART) Headlines

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