GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ashika Credit Capital Ltd (BOM:543766) » Definitions » EBIT

Ashika Credit Capital (BOM:543766) EBIT : ₹134.96 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Ashika Credit Capital EBIT?

Ashika Credit Capital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹-81.85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹134.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ashika Credit Capital's annualized ROC % for the quarter that ended in Mar. 2024 was -26.39%. Ashika Credit Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -18,880.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ashika Credit Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.44%.


Ashika Credit Capital EBIT Historical Data

The historical data trend for Ashika Credit 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.

Ashika Credit Capital EBIT Chart

Ashika Credit Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.66 24.73 54.53 80.59 134.96

Ashika Credit Capital 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 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 1.03 39.96 50.41 126.43 -81.85

Competitive Comparison of Ashika Credit Capital's EBIT

For the Capital Markets subindustry, Ashika Credit 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.


Ashika Credit Capital's EV-to-EBIT Distribution in the Capital Markets Industry

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

* The bar in red indicates where Ashika Credit Capital's EV-to-EBIT falls into.



Ashika Credit 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹134.96 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.


Ashika Credit Capital  (BOM:543766) EBIT Explanation

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

Ashika Credit Capital'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 )
=-333.96 * ( 1 - 25.52% )/( (0 + 942.479)/ 1 )
=-248.733408/942.479
=-26.39 %

where

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

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

Ashika Credit Capital'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 )
=-327.388/( ( (0 + max(0, 0)) + (1.734 + max(-0.602, 0)) )/ 1 )
=-327.388/( ( 0 + 1.734 )/ 1 )
=-327.388/1.734
=-18,880.51 %

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)
=(0 + 0 + 0.37) - (0.972 + 0 + 0)
=-0.602

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:

Ashika Credit Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=134.957/934.645
=14.44 %

* 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.


Ashika Credit Capital EBIT Related Terms

Thank you for viewing the detailed overview of Ashika Credit Capital's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashika Credit Capital (BOM:543766) Business Description

Traded in Other Exchanges
N/A
Address
1008, Raheja Centre, 10th Floor, 214, Nariman Point, Mumbai, IND, 400021
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial corporation actively engaged in fund-based activities in India including providing Loans and advances, inter-corporate deposit, restructuring finance. The Company is primarily engaged in a single reportable segment of Financial Services. It offers retail broking, institutional equity, lending, investment banking, wealth management, and asset management services to its clients.

Ashika Credit Capital (BOM:543766) Headlines

No Headlines