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Zimre Holdings (XZIM:ZIMR.ZW) EBIT : ZWL322,057 Mil (TTM As of Dec. 2023)


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What is Zimre Holdings EBIT?

Zimre Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ZWL138,766 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ZWL322,057 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zimre Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 29.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zimre Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9,131.28%.


Zimre Holdings EBIT Historical Data

The historical data trend for Zimre Holdings'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.

Zimre Holdings EBIT Chart

Zimre Holdings Annual Data
Trend Dec08 Dec09 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 624.22 1,704.33 10,862.67 72,075.85 322,056.77

Zimre Holdings Semi-Annual Data
Dec09 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,349.73 111,644.70 -39,568.85 183,291.02 138,765.75

Competitive Comparison of Zimre Holdings's EBIT

For the Insurance - Reinsurance subindustry, Zimre Holdings'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.


Zimre Holdings's EV-to-EBIT Distribution in the Insurance Industry

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

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



Zimre Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was ZWL322,057 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.


Zimre Holdings  (XZIM:ZIMR.ZW) EBIT Explanation

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

Zimre Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=277531.49 * ( 1 - -0.28% )/( (901440.66595 + 1004857.8755)/ 2 )
=278308.578172/953149.270725
=29.20 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1084417.3 - 102899.72 - ( 81371.504 - 5% * 25891.799 )
=901440.66595

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1180168.389 - 133536.168 - ( 70717.345 - 5% * 578859.99 )
=1004857.8755

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) 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:

Zimre Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=322056.766/-3526.961
=-9,131.28 %

* 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.


Zimre Holdings EBIT Related Terms

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Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE
Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

Zimre Holdings (XZIM:ZIMR.ZW) Headlines

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