The Mauritius Development Investment Trust Co (XMAU:MDIT) EBIT : MUR254.30 Mil (TTM As of Dec. 2024)

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What is The Mauritius Development Investment Trust Co EBIT?

The Mauritius Development Investment Trust Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was MUR54.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was MUR254.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Mauritius Development Investment Trust Co's annualized ROC % for the quarter that ended in Dec. 2024 was 12.64%. The Mauritius Development Investment Trust Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5,356.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Mauritius Development Investment Trust Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -34.71%.

The Mauritius Development Investment Trust Co EBIT Historical Data

The historical data trend for The Mauritius Development Investment Trust 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.

The Mauritius Development Investment Trust Co EBIT Chart

The Mauritius Development Investment Trust Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-324.90

276.39

156.13

-150.84

179.78

The Mauritius Development Investment Trust Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															-53.60	65.49	46.81	87.72	54.28

Competitive Comparison of The Mauritius Development Investment Trust Co's EBIT

For the Asset Management subindustry, The Mauritius Development Investment Trust 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.

The Mauritius Development Investment Trust Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Mauritius Development Investment Trust Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Mauritius Development Investment Trust Co's EV-to-EBIT falls into.

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The Mauritius Development Investment Trust 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MUR254.30 Mil.

The Mauritius Development Investment Trust Co (XMAU:MDIT) EBIT Explanation

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

The Mauritius Development Investment Trust Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	217.108 * ( 1 - 0.78% )	/	( (1725.62	+	1682.418)	/ 2 )
=	215.4145576	/	1704.019
=	12.64 %

where

	Invested Capital		(Q: Sep. 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	))
=	1635.579	-	0	-	( 0	-	max(0, 117.575	-	27.534	+	0	))
=	1725.62

	Invested Capital		(Q: Dec. 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	))
=	1682.418	-	0	-	( 0	-	max(0, 111.333	-	119.439	+	0	))
=	1682.418

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

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

The Mauritius Development Investment Trust Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	217.108	/	( ( (0 + max(-90.041, 0))	+	(0 + max(8.106, 0)) )	/	2 )
=	217.108	/	( ( 0	+	8.106 )	/	2 )
=	217.108	/	4.053
=	5,356.72 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	27.534)	-	(0	+	0	+	117.575)
=	-90.041

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	119.439)	-	(0	+	0	+	111.333)
=	8.106

When net working capital is negative, 0 is used.

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

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

The Mauritius Development Investment Trust Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	254.299	/	-732.654
	=	-34.71 %

The Mauritius Development Investment Trust Co EBIT Related Terms

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The Mauritius Development Investment Trust Co Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Mauritius Development Investment Trust Co Ltd (XMAU:MDIT) » Definitions » EBIT

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Address

206 The Catalyst, 40 Silicon Avenue, Ebene, MUS, 72201

Website

https://www.website.mdit.mu

The Mauritius Development Investment Trust Co Ltd is an investment trust and a closed-end fund. Its investment objective is to secure for investors the benefits of a good dividend yield as well as long-term capital growth. The company is organized into one main operating segment, which invests in quoted and unquoted securities both on the local and overseas market. The company operates in Mauritius, Europe, United Kingdom, United States, Asia and South Africa, out of which it derives maximum revenue from Mauritius.

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