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Arctic Fish Holding AS (OSL:AFISH) EBIT : kr73.0 Mil (TTM As of Jun. 2023)


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What is Arctic Fish Holding AS EBIT?

Arctic Fish Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was kr5.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was kr73.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arctic Fish Holding AS's annualized ROC % for the quarter that ended in Jun. 2023 was 7.40%. Arctic Fish Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arctic Fish Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 2.42%.


Arctic Fish Holding AS EBIT Historical Data

The historical data trend for Arctic Fish Holding AS'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.

Arctic Fish Holding AS EBIT Chart

Arctic Fish Holding AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -25.18 0.86 155.56 115.32 -76.45

Arctic Fish Holding AS Quarterly Data
Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 51.34 4.73 63.03 5.25 -

Competitive Comparison of Arctic Fish Holding AS's EBIT

For the Farm Products subindustry, Arctic Fish Holding AS'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.


Arctic Fish Holding AS's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arctic Fish Holding AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Arctic Fish Holding AS's EV-to-EBIT falls into.



Arctic Fish Holding AS 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 kr73.0 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.


Arctic Fish Holding AS  (OSL:AFISH) EBIT Explanation

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

Arctic Fish Holding AS'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: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=185.608 * ( 1 - 19.98% )/( (1794.819 + 2218.889)/ 2 )
=148.5235216/2006.854
=7.40 %

where

Invested Capital(Q: Dec. 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))
=2063.769 - 193.468 - ( 75.482 - max(0, 299.051 - 955.617+75.482))
=1794.819

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

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

Arctic Fish Holding AS'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: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.008/( ( (1044.999 + max(671.951, 0)) + (1267.577 + max(594.293, 0)) )/ 2 )
=21.008/( ( 1716.95 + 1861.87 )/ 2 )
=21.008/1789.41
=1.17 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.565 + 749.893 + 83.573) - (193.468 + 0 + 12.612)
=671.951

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 769.328 + -0.010999999999967) - (0 + 0 + 175.024)
=594.293

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:

Arctic Fish Holding AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=73.011/3012.958
=2.42 %

* 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.


Arctic Fish Holding AS EBIT Related Terms

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Arctic Fish Holding AS (OSL:AFISH) Business Description

Traded in Other Exchanges
Address
Sindragata 10, Isafjordur, ISL, 400
Arctic Fish Holding AS is a fish farming company. It is engaged in farming and marketing Atlantic salmon. The fish farming business includes smolt production, salmon farming, harvesting activities, and sales of harvested fish.

Arctic Fish Holding AS (OSL:AFISH) Headlines

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