Mercantile Ports and Logistics (STU:9KS0) EBIT : €-17.35 Mil (TTM As of Jun. 2024)

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What is Mercantile Ports and Logistics EBIT?

Mercantile Ports and Logistics's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-2.87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-17.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mercantile Ports and Logistics's annualized ROC % for the quarter that ended in Jun. 2024 was -4.11%. Mercantile Ports and Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mercantile Ports and Logistics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -26.41%.

Mercantile Ports and Logistics EBIT Historical Data

The historical data trend for Mercantile Ports and Logistics'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.

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Mercantile Ports and Logistics EBIT Chart

Mercantile Ports and Logistics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-5.13

-4.58

-1.68

-7.49

-17.46

Mercantile Ports and Logistics Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															-3.72	-3.82	-3.00	-14.47	-2.87

Competitive Comparison of Mercantile Ports and Logistics's EBIT

For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mercantile Ports and Logistics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mercantile Ports and Logistics's EV-to-EBIT falls into.

Mercantile Ports and Logistics 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 €-17.35 Mil.

Mercantile Ports and Logistics (STU:9KS0) EBIT Explanation

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

Mercantile Ports and Logistics'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 )
=	-5.79 * ( 1 - 0% )	/	( (139.002	+	142.769)	/ 2 )
=	-5.79	/	140.8855
=	-4.11 %

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	))
=	147.413	-	4.866	-	( 3.545	-	max(0, 17.963	-	25.048	+	3.545	))
=	139.002

	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	))
=	147.348	-	4.222	-	( 1.319	-	max(0, 23.359	-	23.716	+	1.319	))
=	142.769

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:

Mercantile Ports and Logistics'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 )
=	-5.746	/	( ( (122.292 + max(16.312, 0))	+	(123.575 + max(1.509, 0)) )	/	2 )
=	-5.746	/	( ( 138.604	+	125.084 )	/	2 )
=	-5.746	/	131.844
=	-4.36 %

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)
=	(2.075	+	0.084	+	19.34)	-	(4.866	+	0	+	0.321)
=	16.312

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.117	+	0	+	4.764)	-	(4.222	+	0	+	0.15)
=	1.509

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:

Mercantile Ports and Logistics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-17.347	/	65.684
	=	-26.41 %

Mercantile Ports and Logistics EBIT Related Terms

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Mercantile Ports and Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mercantile Ports and Logistics Ltd (STU:9KS0) » Definitions » EBIT

Traded in Other Exchanges

MPL.GB:UK MPL:UK

Address

Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB

Website

https://www.mercpl.com

Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.

Mercantile Ports and Logistics Headlines

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