Salt Trading (XNEP:STC) EBIT : NPR544 Mil (TTM As of Jul. 2023)

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What is Salt Trading EBIT?

Salt Trading's earnings before interest and taxes (EBIT) for the six months ended in Jul. 2023 was NPR544 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2023 was NPR544 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Salt Trading's annualized ROC % for the quarter that ended in Jul. 2023 was 4.90%. Salt Trading's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was 33.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Salt Trading's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was 2.97%.

Salt Trading EBIT Historical Data

The historical data trend for Salt Trading'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 Trading EBIT Chart

Salt Trading Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

EBIT

701.13

700.39

548.58

358.25

543.78

Salt Trading Semi-Annual Data
	Jul19	Jul20	Jul21	Jul22	Jul23
EBIT	701.13	700.39	548.58	358.25	543.78

Competitive Comparison of Salt Trading's EBIT

For the Packaged Foods subindustry, Salt Trading'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 Trading's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salt Trading's EV-to-EBIT distribution charts can be found below:

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

Salt Trading 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was NPR544 Mil.

Salt Trading (XNEP:STC) EBIT Explanation

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

Salt Trading's annualized ROC % for the quarter that ended in Jul. 2023 is calculated as:

	ROC % (Q: Jul. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2022 )	+	Invested Capital (Q: Jul. 2023 ))	/ count )
=	524.864 * ( 1 - 40.9% )	/	( (6504.835	+	6150.003)	/ 2 )
=	310.194624	/	6327.419
=	4.90 %

where

	Invested Capital		(Q: Jul. 2022 )
=	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	))
=	7225.004	-	2417.87	-	( 241.112	-	max(0, 5157.677	-	3459.976	+	241.112	))
=	6504.835

	Invested Capital		(Q: Jul. 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	))
=	8884.073	-	4617.248	-	( 358.259	-	max(0, 6859.374	-	4976.196	+	358.259	))
=	6150.003

Note: The Operating Income data used here is one times the annual (Jul. 2023) data.

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

Salt Trading's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jul. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2022		Q: Jul. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	543.782	/	( ( (1490.729 + max(269.619, 0))	+	(1471.638 + max(-361.592, 0)) )	/	2 )
=	543.782	/	( ( 1760.348	+	1471.638 )	/	2 )
=	543.782	/	1615.993
=	33.65 %

where Working Capital is:

	Working Capital		(Q: Jul. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(539.763	+	1718.556	+	593.331)	-	(2417.87	+	0	+	164.161)
=	269.619

	Working Capital		(Q: Jul. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(530.198	+	3315.069	+	569.019)	-	(4617.248	+	0	+	158.63)
=	-361.592

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jul. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jul. 2023 )
	=	543.782	/	18330.654
	=	2.97 %

Salt Trading EBIT Related Terms

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Salt Trading Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salt Trading Corp (XNEP:STC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kalimati, P.O.Box: 483, Kathmandu, NPL

Website

http://www.stcnepal.com

Salt Trading Corp is engaged in the trading and distribution of salt and daily consumer goods in Nepal. The main commodities in which the company deals are food products and agricultural products, construction materials, Fuel and Lubricants, and other materials. The company earns maximum revenue from Food and agricultural items. It has business segments namely Fertilizer Sales, Salt Sales, Sugar sales, and others.