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Miral Dental Clinics Co (SAU:9604) EBIT : ﷼ Mil (TTM As of Jun. 2024)


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What is Miral Dental Clinics Co EBIT?

Miral Dental Clinics Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼7.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Miral Dental Clinics Co's annualized ROC % for the quarter that ended in Jun. 2024 was 62.23%. Miral Dental Clinics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 66.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Miral Dental Clinics Co EBIT Historical Data

The historical data trend for Miral Dental Clinics 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.

Miral Dental Clinics Co EBIT Chart

Miral Dental Clinics Co Annual Data
Trend
EBIT

Miral Dental Clinics Co Semi-Annual Data
Jun23 Jun24
EBIT 6.77 7.35

Competitive Comparison of Miral Dental Clinics Co's EBIT

For the Medical Care Facilities subindustry, Miral Dental Clinics 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.

Miral Dental Clinics Co's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Miral Dental Clinics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Miral Dental Clinics Co's EV-to-EBIT falls into.


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Miral Dental Clinics 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 ﷼ 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.

Miral Dental Clinics Co  (SAU:9604) EBIT Explanation

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

Miral Dental Clinics 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: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=16.004 * ( 1 - 5.11% )/( (0 + 24.405)/ 1 )
=15.1861956/24.405
=62.23 %

where

Invested Capital(Q: Jun. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=69.145 - 8.061 - ( 36.679 - max(0, 12.095 - 50.739+36.679))
=24.405

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:

Miral Dental Clinics 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: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=14.698/( ( (0 + max(0, 0)) + (18.31 + max(3.748, 0)) )/ 1 )
=14.698/( ( 0 + 22.058 )/ 1 )
=14.698/22.058
=66.63 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.626 + 0.441 + 0.99299999999999) - (8.061 + 0 + 2.251)
=3.748

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:

Miral Dental Clinics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=/237.211
= %

* 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.

Miral Dental Clinics Co EBIT Related Terms

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Miral Dental Clinics Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Miral Dental Clinics Co (SAU:9604) » Definitions » EBIT
Comparable Companies
SAU:9594 SAU:9518 SAU:9530 SAU:9546 SAU:9627 HCA SAU:4013 XTER:FRE SZSE:300015 XTER:FME XKLS:5225 THC BOM:543220 UHS DVA NSE:APOLLOHOSP BSP:RDOR3 BKK:BDMS EHC CHE
Traded in Other Exchanges
N/A
Address
Prince Muhammad bin Abdulaziz Road, Riyadh, SAU, 11527
Website
https://www.miraldental.com
Miral Dental Clinics Co is a company whose main activities include dental centers, dental clinics, specialized medical complexes, and medical clinics.

Miral Dental Clinics Co Headlines

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