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Nimbus Group AB (OSTO:BOAT) EBIT : kr60 Mil (TTM As of Mar. 2024)


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What is Nimbus Group AB EBIT?

Nimbus Group AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr-14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nimbus Group AB's annualized ROC % for the quarter that ended in Mar. 2024 was -1.89%. Nimbus Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -15.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nimbus Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.16%.


Nimbus Group AB EBIT Historical Data

The historical data trend for Nimbus Group AB'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.

Nimbus Group AB EBIT Chart

Nimbus Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 41.76 65.30 172.51 179.78 81.70

Nimbus Group AB Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only 7.60 83.19 12.71 -21.96 -13.87

Competitive Comparison of Nimbus Group AB's EBIT

For the Recreational Vehicles subindustry, Nimbus Group AB'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.


Nimbus Group AB's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nimbus Group AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nimbus Group AB's EV-to-EBIT falls into.



Nimbus Group AB 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 kr60 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.


Nimbus Group AB  (OSTO:BOAT) EBIT Explanation

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

Nimbus Group AB'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 )
=-55.492 * ( 1 - 34.49% )/( (1872.48 + 1974.433)/ 2 )
=-36.3528092/1923.4565
=-1.89 %

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))
=2011.493 - 130.872 - ( 8.141 - max(0, 983.023 - 1351.267+8.141))
=1872.48

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))
=2134.812 - 149.214 - ( 11.165 - max(0, 1082.05 - 1444.939+11.165))
=1974.433

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

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

Nimbus Group AB'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 )
=-55.492/( ( (220.242 + max(76.193, 0)) + (230.096 + max(176.394, 0)) )/ 2 )
=-55.492/( ( 296.435 + 406.49 )/ 2 )
=-55.492/351.4625
=-15.79 %

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)
=(146.144 + 716.697 + 39.059) - (130.872 + 0 + 694.835)
=76.193

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(175.892 + 783.266 + 25.115) - (149.214 + 0 + 658.665)
=176.394

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:

Nimbus Group AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=60.07/975.932
=6.16 %

* 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.


Nimbus Group AB EBIT Related Terms

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Nimbus Group AB (OSTO:BOAT) Business Description

Traded in Other Exchanges
Address
Box 5152, Västra Frolunda, SWE, S-426 05
Nimbus Group AB is a manufacturer of premium leisure motorboats. Its brand includes Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts. The company operates globally, with the largest presence in the European and American markets.

Nimbus Group AB (OSTO:BOAT) Headlines