Jhaveri Credits & Capital (BOM:531550) EBIT : ₹27.6 Mil (TTM As of Dec. 2023)

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What is Jhaveri Credits & Capital EBIT?

Jhaveri Credits & Capital's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹14.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹27.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jhaveri Credits & Capital's annualized ROC % for the quarter that ended in Dec. 2023 was 178.38%. Jhaveri Credits & Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25,466.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jhaveri Credits & Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.80%.

Jhaveri Credits & Capital EBIT Historical Data

The historical data trend for Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital EBIT Chart

Jhaveri Credits & Capital Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

-4.62

-2.46

-0.05

5.34

10.64

Jhaveri Credits & Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															0.93	9.80	0.17	3.55	14.07

Competitive Comparison of Jhaveri Credits & Capital's EBIT

For the Capital Markets subindustry, Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jhaveri Credits & Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jhaveri Credits & Capital's EV-to-EBIT falls into.

Jhaveri Credits & Capital 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 quarterly data reported by the company within the most recent 12 months, which was ₹27.6 Mil.

Jhaveri Credits & Capital (BOM:531550) EBIT Explanation

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

Jhaveri Credits & Capital's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	54.148 * ( 1 - 25% )	/	( (22.767	+	0)	/ 1 )
=	40.611	/	22.767
=	178.38 %

where

	Invested Capital		(Q: Sep. 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	))
=	86.681	-	0.061	-	( 63.853	-	max(0, 0.061	-	64.114	+	63.853	))
=	22.767

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

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Jhaveri Credits & Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	56.28	/	( ( (0.021 + max(0.2, 0))	+	(0 + max(0, 0)) )	/	1 )
=	56.28	/	( ( 0.221	+	0 )	/	1 )
=	56.28	/	0.221
=	25,466.06 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.261)	-	(0.061	+	0	+	0)
=	0.2

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Jhaveri Credits & Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	27.588	/	3444.668
	=	0.80 %

Jhaveri Credits & Capital EBIT Related Terms

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Jhaveri Credits & Capital (BOM:531550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jhaveri Credits & Capital Ltd (BOM:531550) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020

Website

https://www.jhaveritrade.com

Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.

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