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Morabaha Marina Financing Co (SAU:4082) EBIT : ﷼25.3 Mil (TTM As of Sep. 2024)


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What is Morabaha Marina Financing Co EBIT?

Morabaha Marina Financing Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ﷼-3.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼25.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Morabaha Marina Financing Co's annualized ROC % for the quarter that ended in Sep. 2024 was -1.12%. Morabaha Marina Financing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -15.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Morabaha Marina Financing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.04%.


Morabaha Marina Financing Co EBIT Historical Data

The historical data trend for Morabaha Marina Financing 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.

Morabaha Marina Financing Co EBIT Chart

Morabaha Marina Financing Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
75.17 71.22 31.93

Morabaha Marina Financing Co Quarterly Data
Jun21 Sep21 Dec21 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 -0.57 9.42 9.72 10.03 -3.90

Competitive Comparison of Morabaha Marina Financing Co's EBIT

For the Credit Services subindustry, Morabaha Marina Financing 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.


Morabaha Marina Financing Co's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Morabaha Marina Financing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Morabaha Marina Financing Co's EV-to-EBIT falls into.



Morabaha Marina Financing 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼25.3 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.


Morabaha Marina Financing Co  (SAU:4082) EBIT Explanation

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

Morabaha Marina Financing Co'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 )
=-15.58 * ( 1 - 7.75% )/( (1284.429 + 1291.224)/ 2 )
=-14.37255/1287.8265
=-1.12 %

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))
=1406.375 - 30.027 - ( 91.919 - max(0, 268.011 - 1305.561+91.919))
=1284.429

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))
=1465.052 - 25.921 - ( 147.907 - max(0, 353.11 - 1369.748+147.907))
=1291.224

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

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

Morabaha Marina Financing Co'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 )
=-15.58/( ( (23.353 + max(81.88, 0)) + (21.787 + max(73.521, 0)) )/ 2 )
=-15.58/( ( 105.233 + 95.308 )/ 2 )
=-15.58/100.2705
=-15.54 %

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 + 0 + 117.052) - (30.027 + 0 + 5.145)
=81.88

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 106.247) - (25.921 + 0 + 6.805)
=73.521

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:

Morabaha Marina Financing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=25.269/1237.205
=2.04 %

* 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.


Morabaha Marina Financing Co EBIT Related Terms

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Morabaha Marina Financing Co Business Description

Traded in Other Exchanges
N/A
Address
Al Thoumamah Road, P.O. Box 8055, Al Rabie District, Riyadh, SAU, 14925
Morabaha Marina Financing Co operates in the field of non-bank financing. It is engaged in leasing and providing financing facilities to medium and small enterprises and consumers in addition to financing production assets and offering consumer finance in accordance with the Saudi Central Bank. The Company's objective is to provide financing for Retails & SME`s. The Company has only one geographical segment and it operates in the Kingdom of Saudi Arabia. The company offers financing solutions through tawarruq, leasing, and murabaha products.

Morabaha Marina Financing Co Headlines

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