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Rasan Information Technology Co (SAU:8313) EBITDA : ﷼ Mil (TTM As of Sep. 2024)


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What is Rasan Information Technology Co EBITDA?

Rasan Information Technology Co's EBITDA for the three months ended in Sep. 2024 was ﷼43.7 Mil. Rasan Information Technology Co does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Sep. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

Rasan Information Technology Co's EBITDA per Share for the three months ended in Sep. 2024 was ﷼0.58. Rasan Information Technology Co does not have enough years/quarters to calculate its EBITDA per Share for the trailing twelve months (TTM) ended in Sep. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.


Rasan Information Technology Co EBITDA Historical Data

The historical data trend for Rasan Information Technology Co's EBITDA 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.

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Rasan Information Technology Co EBITDA Chart

Rasan Information Technology Co Annual Data
Trend
EBITDA

Rasan Information Technology Co Quarterly Data
Jun23 Sep23 Jun24 Sep24
EBITDA 6.47 32.58 13.18 43.70

Competitive Comparison of Rasan Information Technology Co's EBITDA

For the Insurance Brokers subindustry, Rasan Information Technology Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Rasan Information Technology Co's EV-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Rasan Information Technology Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rasan Information Technology Co's EV-to-EBITDA falls into.


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Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Rasan Information Technology Co's EBITDA for the fiscal year that ended in . 20 is calculated as

Rasan Information Technology Co's EBITDA for the quarter that ended in Sep. 2024 is calculated as

Rasan Information Technology Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Sep. 2024, Rasan Information Technology Co's EBITDA was ﷼43.7 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Rasan Information Technology Co  (SAU:8313) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Rasan Information Technology Co EBITDA Related Terms

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Rasan Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3413, Al Thumama Road, 1st Floor, Al-Jadah Square, Qurtuba District, Riyadh, SAU, 13248
Rasan Information Technology Co is engaged in online wholesale, electronic publishing, ready software publishing, systems analysis, design and customization of program software, software maintenance, web page design, setting up of web page hosting infrastructure, providing SMS design, and website design. Currently, it is engaged in providing insurance aggregator, online auto auction, and online leasing insurance services. The company's operating segments include Tameeni-Motors, Tameeni-Health, Leasing, Awal Mazad, and R Solutions. Maximum revenue is derived from the Tameeni Motors segment which offers a B2C digital platform providing vehicle owners access to motor insurers.

Rasan Information Technology Co Headlines

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