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S K S Textiles (NSE:SKSTEXTILE) EBIT : ₹83 Mil (TTM As of Mar. 2020)


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What is S K S Textiles EBIT?

S K S Textiles's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2020 was ₹0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2020 was ₹83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. S K S Textiles's annualized ROC % for the quarter that ended in Mar. 2020 was 0.00%. S K S Textiles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. S K S Textiles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was 14.17%.


S K S Textiles EBIT Historical Data

The historical data trend for S K S Textiles'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.

S K S Textiles EBIT Chart

S K S Textiles Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EBIT
Get a 7-Day Free Trial 73.63 81.73 81.91 83.04 -56.46

S K S Textiles Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.99 42.92 42.73 40.31 -

Competitive Comparison of S K S Textiles's EBIT

For the Textile Manufacturing subindustry, S K S Textiles'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.


S K S Textiles's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, S K S Textiles's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where S K S Textiles's EV-to-EBIT falls into.



S K S Textiles 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹83 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.


S K S Textiles  (NSE:SKSTEXTILE) EBIT Explanation

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

S K S Textiles's annualized ROC % for the quarter that ended in Mar. 2020 is calculated as:

ROC % (Q: Mar. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2019 ) + Invested Capital (Q: Mar. 2020 ))/ count )
=0 * ( 1 - 0% )/( (918.019 + 866.218)/ 2 )
=0/892.1185
=0.00 %

where

Invested Capital(Q: Mar. 2019 )
=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))
=1103.205 - 167.592 - ( 17.594 - max(0, 658.846 - 946.493+17.594))
=918.019

Invested Capital(Q: Mar. 2020 )
=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))
=1221.354 - 336.979 - ( 18.157 - max(0, 865.483 - 1085.908+18.157))
=866.218

Note: The Operating Income data used here is two times the semi-annual (Mar. 2020) data.

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

S K S Textiles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2019  Q: Mar. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (152.272 + max(731.448, 0)) + (132.257 + max(700.838, 0)) )/ 2 )
=0/( ( 883.72 + 833.095 )/ 2 )
=0/858.4075
=0.00 %

where Working Capital is:

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(356.292 + 535.803 + 36.804) - (167.592 + 0 + 29.859)
=731.448

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(464.146 + 557.004 + 46.601) - (336.979 + 0 + 29.934)
=700.838

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2020) EBIT data.

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

S K S Textiles's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2020 )
=83.042/585.865
=14.17 %

* 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.


S K S Textiles EBIT Related Terms

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S K S Textiles Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Gala No. 431, Keval Industrial Estate, 4th Floor, Lower Parel West, Mumbai, MH, IND, 400013
S K S Textiles Ltd is a textile company. It is engaged in the business of textile manufacturing and trading. The company manufactures grey fabrics and finished fabrics for shirting, suiting, and other accessories for its own brand and for other garment companies.

S K S Textiles Headlines

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