RECT (Rectitude Holdings) EBIT : $3.22 Mil (TTM As of Mar. 2024)

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What is Rectitude Holdings EBIT?

Rectitude Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was $1.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rectitude Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 13.17%. Rectitude Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rectitude Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.21%.

Rectitude Holdings EBIT Historical Data

The historical data trend for Rectitude Holdings'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.

Rectitude Holdings EBIT Chart

Rectitude Holdings Annual Data

Trend

Mar22

Mar23

Mar24

EBIT

1.94

3.69

3.25

Rectitude Holdings Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	-	2.27	1.29	2.00	1.22

Competitive Comparison of Rectitude Holdings's EBIT

For the Specialty Retail subindustry, Rectitude Holdings'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.

Rectitude Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rectitude Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rectitude Holdings's EV-to-EBIT falls into.

Rectitude Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was $3.22 Mil.

Rectitude Holdings (NAS:RECT) EBIT Explanation

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

Rectitude Holdings'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: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	2.34 * ( 1 - 15.94% )	/	( (14.031	+	15.843)	/ 2 )
=	1.967004	/	14.937
=	13.17 %

where

	Invested Capital		(Q: Sep. 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	))
=	21.929	-	5.433	-	( 2.465	-	max(0, 7.443	-	14.618	+	2.465	))
=	14.031

	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	))
=	25.516	-	7.086	-	( 2.587	-	max(0, 9.461	-	17.635	+	2.587	))
=	15.843

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Rectitude Holdings'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: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2.434	/	( ( (7.141 + max(5.509, 0))	+	(7.708 + max(6.714, 0)) )	/	2 )
=	2.434	/	( ( 12.65	+	14.422 )	/	2 )
=	2.434	/	13.536
=	17.98 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7.019	+	4.36	+	0.378)	-	(5.433	+	0.815	+	0)
=	5.509

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.584	+	4.662	+	1.432)	-	(7.086	+	0.878	+	0)
=	6.714

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Rectitude Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	3.219	/	61.817
	=	5.21 %

Rectitude Holdings EBIT Related Terms

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Rectitude Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rectitude Holdings Ltd (NAS:RECT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35 Tampines Industrial Avenue 5, T5 Tampines, Singapore, SGP, 528627

Website

https://www.rectitude.com.sg

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products such as rubber speed humps, wheel stops and wheel chocks.