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Caravelle International Group (Caravelle International Group) EBIT : $4.9 Mil (TTM As of Apr. 2023)


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What is Caravelle International Group EBIT?

Caravelle International Group's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2023 was $1.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2023 was $4.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caravelle International Group's annualized ROC % for the quarter that ended in Apr. 2023 was 16.73%. Caravelle International Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 344.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caravelle International Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 10.32%.

Caravelle International Group EBIT Historical Data

The historical data trend for Caravelle International Group'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.

Caravelle International Group EBIT Chart

Caravelle International Group Annual Data
Trend Oct20 Oct21 Oct22
EBIT
-5.70 10.38 23.71

Caravelle International Group Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
EBIT Get a 7-Day Free Trial 0.94 9.44 20.21 3.50 1.40

Competitive Comparison of Caravelle International Group's EBIT

For the Marine Shipping subindustry, Caravelle International Group'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.

Caravelle International Group's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Caravelle International Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Caravelle International Group's EV-to-EBIT falls into.


Caravelle International Group 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 Apr. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.9 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.

Caravelle International Group  (NAS:CACO) EBIT Explanation

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

Caravelle International Group's annualized ROC % for the quarter that ended in Apr. 2023 is calculated as:

ROC % (Q: Apr. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2022 ) + Invested Capital (Q: Apr. 2023 ))/ count )
=2.73 * ( 1 - 0% )/( (15.461 + 17.184)/ 2 )
=2.73/16.3225
=16.73 %

where

Invested Capital(Q: Oct. 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))
=35.571 - 9.86 - ( 21.572 - max(0, 23.179 - 33.429+21.572))
=15.461

Invested Capital(Q: Apr. 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))
=33.095 - 6.292 - ( 9.619 - max(0, 21.23 - 30.988+9.619))
=17.184

Note: The Operating Income data used here is two times the semi-annual (Apr. 2023) data.

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

Caravelle International Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2022  Q: Apr. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.804/( ( (0.604 + max(-9.022, 0)) + (0.594 + max(0.43, 0)) )/ 2 )
=2.804/( ( 0.604 + 1.024 )/ 2 )
=2.804/0.814
=344.47 %

where Working Capital is:

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.955 + 0 + 6.95) - (9.86 + 10.067 + 0)
=-9.022

Working Capital(Q: Apr. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.121 + 0 + 20.248) - (6.292 + 14.647 + 0)
=0.43

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2023) EBIT data.

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

Caravelle International Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2023 )
=4.906/47.521
=10.32 %

* 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.

Caravelle International Group EBIT Related Terms

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Caravelle International Group (Caravelle International Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Caravelle International Group (NAS:CACO) » Definitions » EBIT
Comparable Companies
CTRM GLBS PSHG EDRY USEA OP NM TOPS CISS TORO BSP:PSVM11 OCSE:MAERSK B XTER:HLAG BOM:532921 HKSE:01919 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 TSE:9107
Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 06-17 Paya Lebar Square, Singapore, SGP, 409051
Website
http://www.caravelleglobal.com
Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company primarily derives freight revenue from voyage contracts and provides vessel service.