De Neers Tools (NSE:DENEERS) EBIT : ₹ Mil (TTM As of Mar. 2022)

View and export this data going back to 2023. Start your Free Trial

What is De Neers Tools EBIT?

De Neers Tools's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2022 was ₹82.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. De Neers Tools's annualized ROC % for the quarter that ended in Mar. 2022 was 13.92%. De Neers Tools's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 20.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

De Neers Tools EBIT Historical Data

The historical data trend for De Neers Tools'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.

De Neers Tools EBIT Chart

De Neers Tools Annual Data

Trend

Mar20

Mar21

Mar22

EBIT

21.91

27.38

82.84

De Neers Tools Semi-Annual Data
	Mar20	Mar21	Mar22
EBIT	21.91	27.38	82.84

Competitive Comparison of De Neers Tools's EBIT

For the Tools & Accessories subindustry, De Neers Tools'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.

De Neers Tools's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Neers Tools's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where De Neers Tools's EV-to-EBIT falls into.

De Neers Tools 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was ₹ Mil.

De Neers Tools (NSE:DENEERS) EBIT Explanation

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

De Neers Tools's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

	ROC % (Q: Mar. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2021 )	+	Invested Capital (Q: Mar. 2022 ))	/ count )
=	83.388 * ( 1 - 28.65% )	/	( (244.559	+	610.183)	/ 2 )
=	59.497338	/	427.371
=	13.92 %

where

	Invested Capital		(Q: Mar. 2021 )
=	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	))
=	611.128	-	359.248	-	( 7.321	-	max(0, 464.302	-	602.832	+	7.321	))
=	244.559

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	993.352	-	370.518	-	( 12.651	-	max(0, 511.158	-	972.248	+	12.651	))
=	610.183

Note: The Operating Income data used here is one times the annual (Mar. 2022) data.

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

De Neers Tools's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2021		Q: Mar. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	82.841	/	( ( (5.937 + max(233.414, 0))	+	(18.215 + max(569.28, 0)) )	/	2 )
=	82.841	/	( ( 239.351	+	587.495 )	/	2 )
=	82.841	/	413.423
=	20.04 %

where Working Capital is:

	Working Capital		(Q: Mar. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(298.99	+	267.521	+	29)	-	(359.248	+	0	+	2.849)
=	233.414

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(347.358	+	539.43	+	72.809)	-	(370.518	+	0	+	19.799)
=	569.28

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2022) EBIT data.

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

De Neers Tools's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2022 )
	=		/	2244.548
	=	%

De Neers Tools EBIT Related Terms

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

De Neers Tools (NSE:DENEERS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Neers Tools Ltd (NSE:DENEERS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092

Website

https://www.deneerstools.com

De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

De Neers Tools (NSE:DENEERS) Headlines

No Headlines