Havila Shipping ASA (OSTO:HAVIO) EBIT : kr-17.7 Mil (TTM As of Sep. 2024)

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What is Havila Shipping ASA EBIT?

Havila Shipping ASA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was kr4.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was kr-17.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Havila Shipping ASA's annualized ROC % for the quarter that ended in Sep. 2024 was 3.36%. Havila Shipping ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Havila Shipping ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.44%.

Havila Shipping ASA EBIT Historical Data

The historical data trend for Havila Shipping ASA'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.

Havila Shipping ASA EBIT Chart

Havila Shipping ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-99.81

1,308.41

72.13

-107.46

116.29

Havila Shipping ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															29.66	-28.01	1.03	4.85	4.39

Competitive Comparison of Havila Shipping ASA's EBIT

For the Marine Shipping subindustry, Havila Shipping ASA'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.

Havila Shipping ASA's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Havila Shipping ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Havila Shipping ASA's EV-to-EBIT falls into.

Havila Shipping ASA 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-17.7 Mil.

Havila Shipping ASA (OSTO:HAVIO) EBIT Explanation

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

Havila Shipping ASA'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 )
=	90.648 * ( 1 - 1.44% )	/	( (2686.827	+	2634.444)	/ 2 )
=	89.3426688	/	2660.6355
=	3.36 %

where

	Invested Capital		(Q: Jun. 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	))
=	1556.244	-	39.908	-	( 165.985	-	max(0, 1471.533	-	301.042	+	165.985	))
=	2686.827

	Invested Capital		(Q: Sep. 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	))
=	1521.073	-	32.67	-	( 164.066	-	max(0, 1438.709	-	292.668	+	164.066	))
=	2634.444

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

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

Havila Shipping ASA'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 )
=	17.552	/	( ( (1195.857 + max(19.933, 0))	+	(1173.126 + max(19.711, 0)) )	/	2 )
=	17.552	/	( ( 1215.79	+	1192.837 )	/	2 )
=	17.552	/	1204.3135
=	1.46 %

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)
=	(130.263	+	4.794	+	-5.6843418860808E-14)	-	(39.908	+	0	+	75.216)
=	19.933

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(126.71	+	1.892	+	0)	-	(32.67	+	0	+	76.221)
=	19.711

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:

Havila Shipping ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-17.739	/	1231.590
	=	-1.44 %

Havila Shipping ASA EBIT Related Terms

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Havila Shipping ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Havila Shipping ASA (OSTO:HAVIO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HAVI:Norway 0LGI:UK

Address

P.O Box 215, Fosnavag, NOR, N-6099

Website

https://www.havilashipping.no

Havila Shipping ASA along with its subsidiaries is engaged in the shipping business. The company manages and operates offshore service vessels. The group is involved in the operation of approximately 27 vessels. Its segment includes Anchor handling tug service, Platform Supply Vessel, Asia, Platform supply vessel, Rescue recovery vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, and the Netherlands. The Group generates the majority of its revenue from PSV and the Subsea segment.

Havila Shipping ASA Headlines

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