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Osool & Bakheet Investment Co (SAU:9586) EBIT : ﷼28.16 Mil (TTM As of Jun. 2024)


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What is Osool & Bakheet Investment Co EBIT?

Osool & Bakheet Investment Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼13.99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼28.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Osool & Bakheet Investment Co's annualized ROC % for the quarter that ended in Jun. 2024 was 20.28%. Osool & Bakheet Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1,425.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Osool & Bakheet Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.72%.

Osool & Bakheet Investment Co EBIT Historical Data

The historical data trend for Osool & Bakheet 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.

Osool & Bakheet Investment Co EBIT Chart

Osool & Bakheet Investment Co Annual Data
Trend Dec22 Dec23
EBIT
12.75 28.42

Osool & Bakheet Investment Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
EBIT - 14.25 14.17 13.99

Competitive Comparison of Osool & Bakheet Investment Co's EBIT

For the Asset Management subindustry, Osool & Bakheet 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.

Osool & Bakheet Investment Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Osool & Bakheet Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Osool & Bakheet Investment Co's EV-to-EBIT falls into.


Osool & Bakheet 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼28.16 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.

Osool & Bakheet Investment Co  (SAU:9586) EBIT Explanation

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

Osool & Bakheet Investment 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 )
=23.73 * ( 1 - 14.34% )/( (92.996 + 107.509)/ 2 )
=20.327118/100.2525
=20.28 %

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))
=221.002 - 0.844 - ( 128.471 - max(0, 13.752 - 140.914+128.471))
=92.996

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))
=228.825 - 0.136 - ( 121.18 - max(0, 9.9 - 140.129+121.18))
=107.509

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:

Osool & Bakheet Investment 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 )
=27.97/( ( (2.152 + max(-8.815, 0)) + (1.772 + max(-2.521, 0)) )/ 2 )
=27.97/( ( 2.152 + 1.772 )/ 2 )
=27.97/1.962
=1,425.59 %

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)
=(2.435 + 0 + 1.745) - (0.844 + 0 + 12.151)
=-8.815

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.704 + 0 + 4.909) - (0.136 + 0 + 8.998)
=-2.521

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:

Osool & Bakheet Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=28.159/191.331
=14.72 %

* 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.

Osool & Bakheet Investment Co EBIT Related Terms

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Osool & Bakheet Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Osool & Bakheet Investment Co (SAU:9586) » Definitions » EBIT
Comparable Companies
SAU:9602 SAU:9585 BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN OSTO:EQT ARES RJF STT XAMS:CVC TROW NTRS PFG
Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 63762, Mezzanine floor, Bahrain Tower, Riyadh, SAU, 11526
Website
https://www.obic.com.sa
Osool & Bakheet Investment Co is engaged in dealing in securities, custody of securities, management of investments, operation of funds, and management of investments.

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