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Ades Holding Co (SAU:2382) EBIT : ﷼1,786 Mil (TTM As of Dec. 2024)


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What is Ades Holding Co EBIT?

Ades Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ﷼484 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ﷼1,786 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ades Holding Co's annualized ROC % for the quarter that ended in Dec. 2024 was 7.96%. Ades Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ades Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.04%.

Ades Holding Co EBIT Historical Data

The historical data trend for Ades Holding 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.

Ades Holding Co EBIT Chart

Ades Holding Co Annual Data
Trend Dec23 Dec24
EBIT
1,284.95 1,784.42

Ades Holding Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial 435.42 432.13 425.13 444.79 483.69

Competitive Comparison of Ades Holding Co's EBIT

For the Oil & Gas Drilling subindustry, Ades Holding 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.

Ades Holding Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ades Holding Co's EV-to-EBIT falls into.


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Ades Holding 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼1,786 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.

Ades Holding Co  (SAU:2382) EBIT Explanation

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

Ades Holding Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=1872.632 * ( 1 - 15.85% )/( (19125.093 + 20450.481)/ 2 )
=1575.819828/19787.787
=7.96 %

where

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))
=21055.975 - 1678.126 - ( 982.842 - max(0, 3217.78 - 3470.536+982.842))
=19125.093

Invested Capital(Q: Dec. 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))
=21628.69 - 968.07 - ( 847.123 - max(0, 3050.375 - 3260.514+847.123))
=20450.481

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

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

Ades Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1934.76/( ( (17318.945 + max(-571.707, 0)) + (18061.768 + max(-495.065, 0)) )/ 2 )
=1934.76/( ( 17318.945 + 18061.768 )/ 2 )
=1934.76/17690.3565
=10.94 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(998.113 + 480.596 + 0) - (1678.126 + 0 + 372.29)
=-571.707

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(533.588 + 527.273 + 0) - (968.07 + 0 + 587.856)
=-495.065

When net working capital is negative, 0 is used.

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

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

Ades Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1785.737/29561.367
=6.04 %

* 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.

Ades Holding Co EBIT Related Terms

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Ades Holding Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » EBIT
Comparable Companies
SAU:2381 ADX:ADNOCDRILL SHSE:600871 NE PTEN RIG HP SOC SDRL OSL:ODL OSL:PLSV TSX:PD NBR BORR STC:PVD MUS:ABRJ XKLS:5243 TSX:ESI TSX:PHX SZSE:002828
Traded in Other Exchanges
N/A
Address
7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203
Website
https://www.adesgroup.com
Ades Holding Co is a company whose main purpose is oil and gas drilling and production services in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co Headlines

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