Jet Airways (India) (NSE:JETAIRWAYS) EBIT: ₹-6,588.9 Mil (TTM As of Jun. 2023)


NSE:JETAIRWAYS Jet Airways (India) Ltd NSE:JETAIRWAYS
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What is Jet Airways (India) EBIT?

Jet Airways (India) NSE:JETAIRWAYS 4 EBIT is ₹-6,588.9 Mil as of Jun. 2023. GuruFocus rates NSE:JETAIRWAYS with a GF Score™ of 4/100.

Jet Airways (India)'s earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was ₹-500.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ₹-6,588.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jet Airways (India)'s annualized ROC % for the quarter that ended in Jun. 2023 was -1.30%. Jet Airways (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -29.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jet Airways (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -18.30%.

Jet Airways (India)  (NSE:JETAIRWAYS) EBIT Explanation

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

Jet Airways (India)'s annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-2060.8 * ( 1 - 0% )/( (158145.1 + 0)/ 1 )
=-2060.8/158145.1
=-1.30 %

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))
=56320.2 - 91244.1 - ( 3474.4 - max(0, 222673.2 - 29604.2+3474.4))
=158145.1

Invested Capital(Q: Jun. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Jet Airways (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2000.4/( ( (6805.7 + max(-163476.7, 0)) + (0 + max(0, 0)) )/ 1 )
=-2000.4/( ( 6805.7 + 0 )/ 1 )
=-2000.4/6805.7
=-29.39 %

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)
=(52.8 + 3705.9 + 20025.7) - (91244.1 + 0 + 96017)
=-163476.7

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Jet Airways (India)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-6588.9/36004.555
=-18.30 %

* 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.

Jet Airways (India) EBIT Related Terms

Jet Airways (India) EBIT Historical Data

* Premium members only.

The historical data trend for Jet Airways (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.

Jet Airways (India) EBIT Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47,959.70 -18,126.50 -1,914.20 -5,205.60 -9,977.80

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only -3,889.00 -3,071.00 -2,476.30 -541.50 -500.10

NSE:JETAIRWAYS vs DAL, LUV, UAL: EBIT Comparison

For the Airlines subindustry, Jet Airways (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.

Jet Airways (India) EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s EV-to-EBIT falls into.


NSE:JETAIRWAYS
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Jet Airways (India) Ltd NSE:JETAIRWAYS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet Airways (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.

EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-6,588.9 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 ₹-6,588.9 Mil mean?
Jet Airways (India) (NSE:JETAIRWAYS) has a EBIT of ₹-6,588.9 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Jet Airways (India).
Is Jet Airways (India)'s EBIT too high?
Jet Airways (India)'s current EBIT is ₹-6,588.9 Mil. Overall, Jet Airways (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jet Airways (India)'s EBIT compare to DAL and LUV?
Jet Airways (India)'s EBIT of ₹-6,588.9 Mil can be compared against companies in the Transportation 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 a Transportation company?
A good EBIT depends on the Transportation 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 Jet Airways (India). Jet Airways (India)'s current EBIT is ₹-6,588.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Airways (India) stock overvalued right now?
Jet Airways (India) (NSE:JETAIRWAYS) has a current EBIT of ₹-6,588.9 Mil. The current EBIT is ₹-6,588.9 Mil. Jet Airways (India)'s overall GF Score™ is 4/100. 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 Jet Airways (India) (NSE:JETAIRWAYS), the current EBIT is ₹-6,588.9 Mil as of Jun. 2023. 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.

Jet Airways (India) Business Description

Address 252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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