Arab Cotton Ginning (CAI:ACGC) EBIT : E£523 Mil (TTM As of Sep. 2023)

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What is Arab Cotton Ginning EBIT?

Arab Cotton Ginning's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was E£-10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was E£523 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arab Cotton Ginning's annualized ROC % for the quarter that ended in Sep. 2023 was -2.62%. Arab Cotton Ginning's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -4.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arab Cotton Ginning's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 33.35%.

Arab Cotton Ginning EBIT Historical Data

The historical data trend for Arab Cotton Ginning'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.

Arab Cotton Ginning EBIT Chart

Arab Cotton Ginning Annual Data

Trend

Jun13

Jun14

Jun15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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30.95

12.19

295.49

647.57

Arab Cotton Ginning Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-11.53	-	263.76	269.28	-10.12

Competitive Comparison of Arab Cotton Ginning's EBIT

For the Textile Manufacturing subindustry, Arab Cotton Ginning'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.

Arab Cotton Ginning's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arab Cotton Ginning's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Arab Cotton Ginning's EV-to-EBIT falls into.

Arab Cotton Ginning 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was E£523 Mil.

Arab Cotton Ginning (CAI:ACGC) EBIT Explanation

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

Arab Cotton Ginning's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-72.96 * ( 1 - 1.32% )	/	( (3900.063	+	1600.91)	/ 2 )
=	-71.996928	/	2750.4865
=	-2.62 %

where

	Invested Capital		(Q: Jun. 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	))
=	3900.063	-	0	-	( 0	-	max(0, 1407.298	-	2165.008	+	0	))
=	3900.063

	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	))
=	1600.91	-	0	-	( 0	-	max(0, 37.364	-	311.289	+	0	))
=	1600.91

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

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

Arab Cotton Ginning's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-40.488	/	( ( (0 + max(1555.882, 0))	+	(0 + max(285.771, 0)) )	/	2 )
=	-40.488	/	( ( 1555.882	+	285.771 )	/	2 )
=	-40.488	/	920.8265
=	-4.40 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	2165.008)	-	(0	+	0	+	609.126)
=	1555.882

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	311.289)	-	(0	+	0	+	25.518)
=	285.771

When net working capital is negative, 0 is used.

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

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

Arab Cotton Ginning's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	522.92	/	1567.791
	=	33.35 %

Arab Cotton Ginning EBIT Related Terms

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Arab Cotton Ginning (CAI:ACGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arab Cotton Ginning (CAI:ACGC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Talat-Harb Street, Cairo, EGY, 11511

Website

http://www.arabcot.com

Arab Cotton Ginning is engaged in cotton ginning & trading of its products. The Company is engaged in the cotton ginning, as well as trading of its products. The firm is also involved in development of residential, commercial, & mixed used properties.

Arab Cotton Ginning (CAI:ACGC) Headlines

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