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Natural Gas Distribution Co (SAU:9516) EBIT : ﷼3.35 Mil (TTM As of Jun. 2024)


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What is Natural Gas Distribution Co EBIT?

Natural Gas Distribution Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼1.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼3.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Natural Gas Distribution Co's annualized ROC % for the quarter that ended in Jun. 2024 was 2.96%. Natural Gas Distribution Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Natural Gas Distribution Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.27%.

Natural Gas Distribution Co EBIT Historical Data

The historical data trend for Natural Gas Distribution 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.

Natural Gas Distribution Co EBIT Chart

Natural Gas Distribution Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
4.85 2.86 4.24 3.78

Natural Gas Distribution Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 0.97 3.27 2.01 1.77 1.58

Competitive Comparison of Natural Gas Distribution Co's EBIT

For the Utilities - Regulated Gas subindustry, Natural Gas Distribution 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.

Natural Gas Distribution Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Natural Gas Distribution Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Natural Gas Distribution Co's EV-to-EBIT falls into.


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Natural Gas Distribution 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼3.35 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.

Natural Gas Distribution Co  (SAU:9516) EBIT Explanation

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

Natural Gas Distribution Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=2.312 * ( 1 - 3.24% )/( (84.964 + 66.126)/ 2 )
=2.2370912/75.545
=2.96 %

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))
=88.406 - 0 - ( 14.683 - max(0, 25.529 - 28.971+14.683))
=84.964

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))
=90.876 - 22.654 - ( 15.404 - max(0, 32.001 - 34.097+15.404))
=66.126

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

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

Natural Gas Distribution Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.16/( ( (59.087 + max(-5.611, 0)) + (56.688 + max(-11.215, 0)) )/ 2 )
=3.16/( ( 59.087 + 56.688 )/ 2 )
=3.16/57.8875
=5.46 %

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)
=(0 + 0 + 14.288) - (0 + 0 + 19.899)
=-5.611

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.428 + 0.275 + 1.943) - (22.654 + 0 + 3.207)
=-11.215

When net working capital is negative, 0 is used.

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

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

Natural Gas Distribution Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3.347/263.236
=1.27 %

* 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.

Natural Gas Distribution Co EBIT Related Terms

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Natural Gas Distribution Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Natural Gas Distribution Co (SAU:9516) » Definitions » EBIT
Comparable Companies
XMAD:NTGY ATO NI MIL:SRG HKSE:00003 BOM:532155 TSE:9531 TSE:9532 SHSE:600803 HKSE:01193 HKSE:02688 BOM:542066 UGI SWX ASX:APA MIL:IG TSX:BIPC NJR HKSE:00384 SR
Traded in Other Exchanges
N/A
Address
Al-Kharj Road, P.O. 000512, Second Industrial City, Riyadh, SAU, 11382
Website
http://www.ngdc.com.sa
Natural Gas Distribution Co owns and maintains natural gas networks. The company.s activity is the distribution of gaseous fuels through pipes and gas pipelines, their maintenance and repair, the wholesale sale of gaseous fuels, and the transportation of natural gas through pipelines. Its core business is to supply the factories located in the second industrial city of Riyadh. The company is supplied with natural gas from Saudi Aramco through the main pipeline. Its services include the operation and maintenance of natural gas networks.

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