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TRRSF (Trisura Group) EBIT : $111 Mil (TTM As of Sep. 2024)


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What is Trisura Group EBIT?

Trisura Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trisura Group's annualized ROC % for the quarter that ended in Sep. 2024 was 4.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trisura Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.86%.


Trisura Group EBIT Historical Data

The historical data trend for Trisura Group'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.

Trisura Group EBIT Chart

Trisura Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 9.54 31.69 64.13 31.20 69.20

Trisura Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 16.36 11.63 36.29 27.58 35.75

Competitive Comparison of Trisura Group's EBIT

For the Insurance - Specialty subindustry, Trisura Group'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.


Trisura Group's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Trisura Group's EV-to-EBIT distribution charts can be found below:

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



Trisura Group 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 $111 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.


Trisura Group  (OTCPK:TRRSF) EBIT Explanation

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

Trisura Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=143.016 * ( 1 - 23.92% )/( (2563.74985 + 2835.08535)/ 2 )
=108.8065728/2699.4176
=4.03 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2859.827 - 23.165 - ( 295.943 - 5% * 460.617 )
=2563.74985

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=3034.938 - 34.062 - ( 194.043 - 5% * 565.047 )
=2835.08535

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Trisura Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=111.25/1255.306
=8.86 %

* 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.


Trisura Group EBIT Related Terms

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Trisura Group Business Description

Traded in Other Exchanges
Address
333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2
Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The operating business segments are Trisura Canada and Trisura U.S. The operations of Trisura Canada comprise Surety business underwritten in both Canada and the United States, and Risk Solutions, Fronting and Corporate Insurance products underwritten in Canada. Trisura U.S. provides specialty fronting insurance solutions underwritten in the United States and includes the active operations of Trisura International.