Icon Offshore Bhd (XKLS:5255) EBIT : RM33.5 Mil (TTM As of Dec. 2023)

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What is Icon Offshore Bhd EBIT?

Icon Offshore Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was RM7.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was RM33.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Icon Offshore Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was -6.26%. Icon Offshore Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Icon Offshore Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.89%.

Icon Offshore Bhd EBIT Historical Data

The historical data trend for Icon Offshore Bhd'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.

Icon Offshore Bhd EBIT Chart

Icon Offshore Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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42.05

66.07

80.28

13.91

33.49

Icon Offshore Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-43.58	1.57	11.65	12.82	7.44

Competitive Comparison of Icon Offshore Bhd's EBIT

For the Oil & Gas Equipment & Services subindustry, Icon Offshore Bhd'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.

Icon Offshore Bhd's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Icon Offshore Bhd's EV-to-EBIT falls into.

Icon Offshore Bhd 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM33.5 Mil.

Icon Offshore Bhd (XKLS:5255) EBIT Explanation

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

Icon Offshore Bhd's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-23.744 * ( 1 - -79.81% )	/	( (587.919	+	776.45)	/ 2 )
=	-42.6940864	/	682.1845
=	-6.26 %

where

	Invested Capital		(Q: Sep. 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	))
=	749.511	-	38.828	-	( 147.438	-	max(0, 82.941	-	205.705	+	147.438	))
=	587.919

	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	))
=	726.727	-	59.944	-	( 147.358	-	max(0, 325.863	-	216.196	+	147.358	))
=	776.45

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Icon Offshore Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	29.756	/	( ( (494.005 + max(19.439, 0))	+	(492.477 + max(-26.792, 0)) )	/	2 )
=	29.756	/	( ( 513.444	+	492.477 )	/	2 )
=	29.756	/	502.9605
=	5.92 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(50.714	+	3.503	+	4.05)	-	(38.828	+	0	+	0)
=	19.439

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(21.376	+	4.271	+	24.123)	-	(59.944	+	0	+	16.618)
=	-26.792

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Icon Offshore Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	33.485	/	568.668
	=	5.89 %

Icon Offshore Bhd EBIT Related Terms

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Icon Offshore Bhd (XKLS:5255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icon Offshore Bhd (XKLS:5255) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.iconoffshore.com.my

Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

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