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Safe at Sea AB (XSAT:SAFE) EBIT : kr0.86 Mil (TTM As of Jun. 2024)


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What is Safe at Sea AB EBIT?

Safe at Sea AB's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was kr0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr0.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safe at Sea AB's annualized ROC % for the quarter that ended in Jun. 2024 was 7.72%. Safe at Sea AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 42.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safe at Sea AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.75%.


Safe at Sea AB EBIT Historical Data

The historical data trend for Safe at Sea AB'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.

Safe at Sea AB EBIT Chart

Safe at Sea AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.12 -0.40 -3.16 -3.18 1.14

Safe at Sea AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.58 0.09 0.24 0.27 0.26

Competitive Comparison of Safe at Sea AB's EBIT

For the Security & Protection Services subindustry, Safe at Sea AB'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.


Safe at Sea AB's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Safe at Sea AB's EV-to-EBIT falls into.



Safe at Sea AB 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 quarterly data reported by the company within the most recent 12 months, which was kr0.86 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.


Safe at Sea AB  (XSAT:SAFE) EBIT Explanation

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

Safe at Sea AB'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=1.056 * ( 1 - 0% )/( (13.867 + 13.48)/ 2 )
=1.056/13.6735
=7.72 %

where

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

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

Safe at Sea AB'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.056/( ( (0.261 + max(0.907, 0)) + (0.239 + max(3.609, 0)) )/ 2 )
=1.056/( ( 1.168 + 3.848 )/ 2 )
=1.056/2.508
=42.11 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.579 + 5.187 + 0) - (0 + 0 + 6.859)
=0.907

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.084 + 5.303 + -1.7763568394003E-15) - (0 + 0 + 3.778)
=3.609

When net working capital is negative, 0 is used.

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

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

Safe at Sea AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=0.859/14.945
=5.75 %

* 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.


Safe at Sea AB EBIT Related Terms

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Safe at Sea AB Business Description

Traded in Other Exchanges
N/A
Address
Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.

Safe at Sea AB Headlines

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