Emaar the Economic City JSC (SAU:4220) EBIT : ﷼-623.2 Mil (TTM As of Sep. 2024)

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What is Emaar the Economic City JSC EBIT?

Emaar the Economic City JSC's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ﷼-283.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼-623.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emaar the Economic City JSC's annualized ROC % for the quarter that ended in Sep. 2024 was -4.68%. Emaar the Economic City JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -22.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emaar the Economic City JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.08%.

Emaar the Economic City JSC EBIT Historical Data

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC EBIT Chart

Emaar the Economic City JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-483.13

-1,189.41

-802.66

-771.79

272.38

Emaar the Economic City JSC 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															165.76	-48.65	-139.25	-151.92	-283.36

Competitive Comparison of Emaar the Economic City JSC's EBIT

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.

Emaar the Economic City JSC's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's EV-to-EBIT falls into.

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Emaar the Economic City JSC 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 ﷼-623.2 Mil.

Emaar the Economic City JSC (SAU:4220) EBIT Explanation

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

Emaar the Economic City JSC'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 )
=	-1008.788 * ( 1 - -2.23% )	/	( (21994.404	+	22123.433)	/ 2 )
=	-1031.2839724	/	22058.9185
=	-4.68 %

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	))
=	15152.647	-	608.821	-	( 282.227	-	max(0, 9363.529	-	1912.951	+	282.227	))
=	21994.404

	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	))
=	14997.499	-	703.823	-	( 206.651	-	max(0, 9685.481	-	1855.724	+	206.651	))
=	22123.433

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

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

Emaar the Economic City JSC'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 )
=	-1133.436	/	( ( (5131.555 + max(-125.354, 0))	+	(5090.218 + max(-284.294, 0)) )	/	2 )
=	-1133.436	/	( ( 5131.555	+	5090.218 )	/	2 )
=	-1133.436	/	5110.8865
=	-22.18 %

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)
=	(432.19	+	834.315	+	187.366)	-	(608.821	+	0	+	970.404)
=	-125.354

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(429.256	+	823.733	+	199.732)	-	(703.823	+	0	+	1033.192)
=	-284.294

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:

Emaar the Economic City JSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-623.179	/	15279.480
	=	-4.08 %

Emaar the Economic City JSC EBIT Related Terms

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Emaar the Economic City JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emaar the Economic City JSC (SAU:4220) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Abdullah Economic City, Rabigh, SAU

Website

https://www.kaec.net

Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties. The company's reportable segments includes Residential business, Industrial development, Hospitality and leisure, Education services, and City operations. Key revenue is derived from its Residential business segment which includes revenue from sale/lease rental income of land and units for residential purposes.

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