Rainbow Papers (NSE:RAINBOWPAP) EBIT: ₹-773.72 Mil (TTM As of Dec. 2018)

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What is Rainbow Papers EBIT?

Rainbow Papers NSE:RAINBOWPAP EBIT is ₹-773.72 Mil as of Dec. 2018.

Rainbow Papers's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was ₹-241.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was ₹-773.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rainbow Papers's annualized ROC % for the quarter that ended in Dec. 2018 was -4.25%. Rainbow Papers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -8.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rainbow Papers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -4,856.08%.

Rainbow Papers  (NSE:RAINBOWPAP) EBIT Explanation

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

Rainbow Papers's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=-988.4 * ( 1 - 0% )/( (23261.4 + 0)/ 1 )
=-988.4/23261.4
=-4.25 %

where

Invested Capital(Q: Sep. 2018 )
=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))
=11881.2 - 1475.6 - ( 309.3 - max(0, 13336.7 - 480.9+309.3))
=23261.4

Invested Capital(Q: Dec. 2018 )
=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 (Dec. 2018) data.

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

Rainbow Papers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-966.8/( ( (11359.1 + max(-7366.7, 0)) + (0 + max(0, 0)) )/ 1 )
=-966.8/( ( 11359.1 + 0 )/ 1 )
=-966.8/11359.1
=-8.51 %

where Working Capital is:

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.7 + 81.3 + 89.6) - (1475.6 + 0 + 6062.7)
=-7366.7

Working Capital(Q: Dec. 2018 )
=(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 (Dec. 2018) EBIT data.

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

Rainbow Papers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=-773.719/15.933
=-4,856.08 %

* 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.

Rainbow Papers EBIT Related Terms

Rainbow Papers EBIT Historical Data

* Premium members only.

The historical data trend for Rainbow Papers'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.

Rainbow Papers EBIT Chart

Rainbow Papers Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,214.11 922.71 -3,927.75 -1,683.89 -1,987.22

Rainbow Papers Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Sep16 Mar17 Sep17 Dec17 Mar18 Sep18 Dec18
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 -326.30 -307.10 -282.32 -249.70 -241.70

Rainbow Papers EBIT Competitor Comparison

For the Paper & Paper Products subindustry, Rainbow Papers'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.

Rainbow Papers EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Rainbow Papers's EV-to-EBIT distribution charts can be found below:

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


Rainbow Papers 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-773.72 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 ₹-773.72 Mil mean?
Rainbow Papers (NSE:RAINBOWPAP) has a EBIT of ₹-773.72 Mil as of Dec. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rainbow Papers.
Is Rainbow Papers' EBIT too high?
Rainbow Papers' current EBIT is ₹-773.72 Mil.
How does Rainbow Papers' EBIT compare to competitors?
Rainbow Papers' EBIT of ₹-773.72 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good EBIT depends on the Forest Products 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 Rainbow Papers. Rainbow Papers's current EBIT is ₹-773.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow Papers stock overvalued right now?
Rainbow Papers (NSE:RAINBOWPAP) has a current EBIT of ₹-773.72 Mil. The current EBIT is ₹-773.72 Mil. 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 Rainbow Papers (NSE:RAINBOWPAP), the current EBIT is ₹-773.72 Mil as of Dec. 2018. 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.

Rainbow Papers Business Description

Address 801, Avdhesh House, Opposite Shri Govind Gurudwara, Sarkhej-Gandhinagar Highway, Thaltej, Ahmedabad, GJ, IND, 380054
Rainbow Papers Ltd engaged in manufacturing, trading, and sale of paper and paper products. The company offers a range of paper including writing and printing paper, newsprint paper, duplex board, coated paper, color paper and board, crepe paper, poster paper, cast coated paper, fluorescent paper. The company supplies its products for industrial, packaging, stationery and textbook purpose. Rainbow Papers earns the majority of its revenue from India.