Globe International Carriers (NSE:GICL) EBIT : ₹37 Mil (TTM As of Mar. 2022)

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What is Globe International Carriers EBIT?

Globe International Carriers's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2022 was ₹23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was ₹37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Globe International Carriers's annualized ROC % for the quarter that ended in Mar. 2022 was 22.52%. Globe International Carriers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 12.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Globe International Carriers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 3.50%.

Globe International Carriers EBIT Historical Data

The historical data trend for Globe International Carriers'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.

Globe International Carriers EBIT Chart

Globe International Carriers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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43.35

26.48

30.05

37.24

48.03

Globe International Carriers Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
EBIT	Get a 7-Day Free Trial													15.42	14.63	14.55	22.69	-

Competitive Comparison of Globe International Carriers's EBIT

For the Integrated Freight & Logistics subindustry, Globe International Carriers'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.

Globe International Carriers's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globe International Carriers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Globe International Carriers's EV-to-EBIT falls into.

Globe International Carriers 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹37 Mil.

Globe International Carriers (NSE:GICL) EBIT Explanation

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

Globe International Carriers's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

	ROC % (Q: Mar. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2021 )	+	Invested Capital (Q: Mar. 2022 ))	/ count )
=	144.582 * ( 1 - 28.5% )	/	( (458.499	+	459.779)	/ 2 )
=	103.37613	/	459.139
=	22.52 %

where

	Invested Capital		(Q: Sep. 2021 )
=	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	))
=	501.038	-	26.465	-	( 16.074	-	max(0, 214.525	-	405.033	+	16.074	))
=	458.499

	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	))
=	638.179	-	164.622	-	( 13.778	-	max(0, 329.881	-	569.972	+	13.778	))
=	459.779

Note: The Operating Income data used here is two times the semi-annual (Mar. 2022) data.

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

Globe International Carriers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2021		Q: Mar. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	45.388	/	( ( (11.961 + max(328.325, 0))	+	(10.823 + max(382.636, 0)) )	/	2 )
=	45.388	/	( ( 340.286	+	393.459 )	/	2 )
=	45.388	/	366.8725
=	12.37 %

where Working Capital is:

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(378.24	+	0	+	8.031)	-	(26.465	+	0	+	31.481)
=	328.325

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(541.946	+	0	+	12.531)	-	(164.622	+	0	+	7.2189999999999)
=	382.636

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2022) EBIT data.

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

Globe International Carriers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2022 )
	=	37.239	/	1064.622
	=	3.50 %

Globe International Carriers EBIT Related Terms

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Globe International Carriers (NSE:GICL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globe International Carriers Ltd (NSE:GICL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Mayank Trade Centre, Station Road, 301 - 306, Prakash deep Complex, Jaipur, RJ, IND, 302006

Website

http://www.gicl.co

Globe International Carriers Ltd is an Indian company engaged in the business of providing services for transportation as a Goods Transport Agency. Its services include supply chain management, customs clearance, bulk transportation, transportation of all types of industries goods, bulk transportation, and other related services through open/closed body vehicles and two/three/four-wheeler vehicles, as well as packing and unpacking services of goods. The company provides services within India.

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