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Nordic Aqua Partners AS (OSL:NOAP) EBIT : kr-53.32 Mil (TTM As of Mar. 2024)


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What is Nordic Aqua Partners AS EBIT?

Nordic Aqua Partners AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr9.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-53.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordic Aqua Partners AS's annualized ROC % for the quarter that ended in Mar. 2024 was 1.66%. Nordic Aqua Partners AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nordic Aqua Partners AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.16%.


Nordic Aqua Partners AS EBIT Historical Data

The historical data trend for Nordic Aqua Partners 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.

Nordic Aqua Partners AS EBIT Chart

Nordic Aqua Partners AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -7.78 -26.59 -31.05 -50.32 -77.73

Nordic Aqua Partners AS Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -15.21 -35.99 9.07 -35.97 9.59

Competitive Comparison of Nordic Aqua Partners AS's EBIT

For the Farm Products subindustry, Nordic Aqua Partners 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.


Nordic Aqua Partners AS's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Nordic Aqua Partners AS's EV-to-EBIT falls into.



Nordic Aqua Partners 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-53.32 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.


Nordic Aqua Partners AS  (OSL:NOAP) EBIT Explanation

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

Nordic Aqua Partners AS's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=16.196 * ( 1 - 0% )/( (860.829 + 1087.29)/ 2 )
=16.196/974.0595
=1.66 %

where

Invested Capital(Q: Dec. 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))
=1168.66 - 40.472 - ( 267.359 - max(0, 42.842 - 436.667+267.359))
=860.829

Invested Capital(Q: Mar. 2024 )
=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))
=1305.3 - 65.103 - ( 152.907 - max(0, 69.821 - 381.782+152.907))
=1087.29

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Nordic Aqua Partners AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=38.34/( ( (732.004 + max(85.718, 0)) + (908.753 + max(127.737, 0)) )/ 2 )
=38.34/( ( 817.722 + 1036.49 )/ 2 )
=38.34/927.106
=4.14 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 110.843 + 15.347) - (40.472 + 0 + 0)
=85.718

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 192.84 + -5.6843418860808E-14) - (65.103 + 0 + 0)
=127.737

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Nordic Aqua Partners AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-53.316/2467.251
=-2.16 %

* 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.


Nordic Aqua Partners AS EBIT Related Terms

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Nordic Aqua Partners AS (OSL:NOAP) Business Description

Traded in Other Exchanges
Address
Hundegade 1, Ribe, DNK, 6760
Nordic Aqua Partners AS operates in the seafood industry. The company focuses on delivering live and locally farmed Atlantic salmon direct to the Chinese consumer. The company's main activity is investments in breeding systems for fish and shellfish as well as installing and operating these systems.

Nordic Aqua Partners AS (OSL:NOAP) Headlines

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