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Salt Investments (SGX:FQ7) EBIT : S$-0.90 Mil (TTM As of Sep. 2024)


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What is Salt Investments EBIT?

Salt Investments's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was S$-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was S$-0.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Salt Investments's annualized ROC % for the quarter that ended in Sep. 2024 was -347.83%. Salt Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -15,936.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Salt Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.84%.


Salt Investments EBIT Historical Data

The historical data trend for Salt Investments'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.

Salt Investments EBIT Chart

Salt Investments Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.90 -0.49 -0.39 -0.70

Salt Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.19 -0.23 -0.21 -0.19 -0.50

Competitive Comparison of Salt Investments's EBIT

For the Oil & Gas Midstream subindustry, Salt Investments'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.


Salt Investments's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Salt Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Salt Investments's EV-to-EBIT falls into.



Salt Investments 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 S$-0.90 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.


Salt Investments  (SGX:FQ7) EBIT Explanation

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

Salt Investments'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 )
=-2 * ( 1 - 0% )/( (0.833 + 0.317)/ 2 )
=-2/0.575
=-347.83 %

where

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

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

Salt Investments'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 )
=-1.992/( ( (0 + max(-1.255, 0)) + (0.025 + max(-0.426, 0)) )/ 2 )
=-1.992/( ( 0 + 0.025 )/ 2 )
=-1.992/0.0125
=-15,936.00 %

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 + 0.012) - (0.449 + 0 + 0.818)
=-1.255

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.238) - (0.411 + 0 + 0.253)
=-0.426

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:

Salt Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.9/49.039
=-1.84 %

* 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.


Salt Investments EBIT Related Terms

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Salt Investments Business Description

Traded in Other Exchanges
N/A
Address
1 Kallang Junction, No. 06-01 Vanguard Campus, Singapore, SGP, 339263
Salt Investments Ltd formerly, Jasper Investments Ltd is engaged in the provision of transportation services construction and earthwork sectors. It covers all aspects of chartering and operating a variety of vessels and transportation equipment. It also owns and operates oil rigs for deep-sea drilling which are contracted out to oil and gas exploration and production companies. The company's operating segment includes the Offshore segment; which is engaged in the provision of management services, management of vessels and barge transportation services, and the Corporate segment, which includes Investment holding, management, and other corporate assets. Geographically, it has operations in the whole of Asia.

Salt Investments Headlines

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