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Cinis Fertilizer AB (OSTO:CINIS) EBIT : kr-72.40 Mil (TTM As of Sep. 2024)


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What is Cinis Fertilizer AB EBIT?

Cinis Fertilizer AB's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was kr-27.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was kr-72.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cinis Fertilizer AB's annualized ROC % for the quarter that ended in Sep. 2024 was -11.50%. Cinis Fertilizer AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -13.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cinis Fertilizer AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -5.35%.


Cinis Fertilizer AB EBIT Historical Data

The historical data trend for Cinis Fertilizer 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.

Cinis Fertilizer AB EBIT Chart

Cinis Fertilizer AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-0.04 -0.06 - -23.60 -32.30

Cinis Fertilizer AB Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -7.90 -11.20 -13.70 -20.40 -27.10

Competitive Comparison of Cinis Fertilizer AB's EBIT

For the Agricultural Inputs subindustry, Cinis Fertilizer 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.


Cinis Fertilizer AB's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Cinis Fertilizer AB's EV-to-EBIT distribution charts can be found below:

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



Cinis Fertilizer 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-72.40 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.


Cinis Fertilizer AB  (OSTO:CINIS) EBIT Explanation

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

Cinis Fertilizer AB's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-108.4 * ( 1 - 0% )/( (898.1 + 987.2)/ 2 )
=-108.4/942.65
=-11.50 %

where

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

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

Cinis Fertilizer AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-108.4/( ( (817.3 + max(-35.7, 0)) + (824.9 + max(-20.3, 0)) )/ 2 )
=-108.4/( ( 817.3 + 824.9 )/ 2 )
=-108.4/821.1
=-13.20 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.7 + 25 + 18.3) - (73.6 + 0 + 6.1)
=-35.7

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.7 + 32.6 + 18.8) - (63.5 + 0 + 8.9)
=-20.3

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-72.4/1354.372
=-5.35 %

* 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.


Cinis Fertilizer AB EBIT Related Terms

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Cinis Fertilizer AB Business Description

Traded in Other Exchanges
Address
Strandgatan 21, Ornskoldsvik, SWE, 891 33
Cinis Fertilizer AB is a green tech company aiming to produce the world's most environmentally friendly mineral fertilizer, potassium sulfate, by recycling industrial waste products from the pulp & paper industry as well as the car battery manufacturing industry. The patent-protected technology will use half as much energy as today's production methods and the result is a fossil-free fertilizer with a close to zero carbon footprint, a unique and circular contribution enabling sustainable agriculture.

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