Raj Television Network (BOM:532826) EBIT : ₹37 Mil (TTM As of Mar. 2024)

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What is Raj Television Network EBIT?

Raj Television Network's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Raj Television Network's annualized ROC % for the quarter that ended in Mar. 2024 was 2.89%. Raj Television Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Raj Television Network's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.57%.

Raj Television Network EBIT Historical Data

The historical data trend for Raj Television Network'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.

Raj Television Network EBIT Chart

Raj Television Network Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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46.74

61.22

55.81

47.28

37.14

Raj Television Network Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															29.02	11.10	6.68	1.18	18.18

Competitive Comparison of Raj Television Network's EBIT

For the Broadcasting subindustry, Raj Television Network'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.

Raj Television Network's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Raj Television Network's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Raj Television Network's EV-to-EBIT falls into.

Raj Television Network 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹37 Mil.

Raj Television Network (BOM:532826) EBIT Explanation

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

Raj Television Network's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	64.352 * ( 1 - 21.6% )	/	( (0	+	1746.663)	/ 1 )
=	50.451968	/	1746.663
=	2.89 %

where

	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

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	1833.909	-	60.549	-	( 26.697	-	max(0, 248.74	-	389.202	+	26.697	))
=	1746.663

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

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

Raj Television Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	72.72	/	( ( (0 + max(0, 0))	+	(753.092 + max(243.486, 0)) )	/	1 )
=	72.72	/	( ( 0	+	996.578 )	/	1 )
=	72.72	/	996.578
=	7.30 %

where Working Capital is:

	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

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(255.699	+	98.8	+	8.006)	-	(60.549	+	0	+	58.47)
=	243.486

When net working capital is negative, 0 is used.

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

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

Raj Television Network's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	37.143	/	6474.007
	=	0.57 %

Raj Television Network EBIT Related Terms

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Raj Television Network (BOM:532826) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Raj Television Network Ltd (BOM:532826) » Definitions » EBIT

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RAJTV:India

Address

Number 32, Poes Road, Second Street, Teynampet, Chennai, TN, IND, 600018

Website

https://www.rajtvnet.in

Raj Television Network Ltd is a Tamil television and broadcasting company. It caters to the entertainment needs and production of content across different formats and platforms, such as fiction and reality shows for television, movies, music, digital, plays, and live events. The company generates revenue through segments such as Advertisement, Airtime charges, Pay channel distribution revenue, Subscription revenue, Sale of rights, and Sales export revenue. It operates approximately channels in the Indian languages including Tamil, Telugu, Kannada, Malayalam, and Hindi. In addition, the company provides advertisement services, as well as engages in the subscription of channels. It broadcasts its channels in India, as well as parts of South East Asia, and the Middle East.

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