Al Abdullatif Industrial Investment Co (SAU:2340) EBIT : ﷼-17.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Al Abdullatif Industrial Investment Co EBIT?

Al Abdullatif Industrial Investment Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼11.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-17.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Abdullatif Industrial Investment Co's annualized ROC % for the quarter that ended in Mar. 2024 was 0.48%. Al Abdullatif Industrial Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al Abdullatif Industrial Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.06%.

Al Abdullatif Industrial Investment Co EBIT Historical Data

The historical data trend for Al Abdullatif Industrial Investment Co'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.

Al Abdullatif Industrial Investment Co EBIT Chart

Al Abdullatif Industrial Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

12.20

1.36

-19.72

-31.63

-40.01

Al Abdullatif Industrial Investment Co Quarterly Data
	Jun19	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															-11.84	-11.87	-16.25	-0.05	11.18

Competitive Comparison of Al Abdullatif Industrial Investment Co's EBIT

For the Textile Manufacturing subindustry, Al Abdullatif Industrial Investment Co'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.

Al Abdullatif Industrial Investment Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Al Abdullatif Industrial Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Abdullatif Industrial Investment Co's EV-to-EBIT falls into.

Al Abdullatif Industrial Investment Co 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 ﷼-17.0 Mil.

Al Abdullatif Industrial Investment Co (SAU:2340) EBIT Explanation

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

Al Abdullatif Industrial Investment Co'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 )
=	33.696 * ( 1 - 79.32% )	/	( (1449.061	+	1442.689)	/ 2 )
=	6.9683328	/	1445.875
=	0.48 %

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	))
=	1562.701	-	54.525	-	( 59.115	-	max(0, 325.316	-	900.718	+	59.115	))
=	1449.061

	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	))
=	1539.566	-	50.622	-	( 46.255	-	max(0, 300.195	-	881.191	+	46.255	))
=	1442.689

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

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

Al Abdullatif Industrial Investment Co'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 )
=	44.728	/	( ( (473.978 + max(707.89, 0))	+	(470.37 + max(684.518, 0)) )	/	2 )
=	44.728	/	( ( 1181.868	+	1154.888 )	/	2 )
=	44.728	/	1168.378
=	3.83 %

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)
=	(462.891	+	313.326	+	16.046)	-	(54.525	+	0	+	29.848)
=	707.89

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(460.334	+	297.903	+	24.941)	-	(50.622	+	0	+	48.038)
=	684.518

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:

Al Abdullatif Industrial Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-16.989	/	1600.057
	=	-1.06 %

Al Abdullatif Industrial Investment Co EBIT Related Terms

Thank you for viewing the detailed overview of Al Abdullatif Industrial Investment Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Abdullatif Industrial Investment Co (SAU:2340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Al Abdullatif Industrial Investment Co (SAU:2340) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Al Kharj Road, P.O. Box 859, 2nd New Industrial City, Riyadh, SAU, 11421

Website

https://www.carpets.com

Al Abdullatif Industrial Investment Co manufactures and sells carpets. The company offers tufted carpets, including polyester tufted carpets, nylon tufted carpets, polypropylene tufted carpets, acrylic tufted carpets, and others. The operating segment of the company is Carpets, Rugs, and Other Related Products and Blankets.

Al Abdullatif Industrial Investment Co (SAU:2340) Headlines

No Headlines