GURUFOCUS.COM » STOCK LIST » Technology » Software » CSE Global Ltd (OTCPK:CSYJY) » Definitions » EBIT

CSE Global (CSE Global) EBIT : $30.0 Mil (TTM As of Dec. 2023)


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

What is CSE Global EBIT?

CSE Global's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $15.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $30.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CSE Global's annualized ROC % for the quarter that ended in Dec. 2023 was 7.18%. CSE Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 35.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CSE Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.04%.


CSE Global EBIT Historical Data

The historical data trend for CSE Global'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.

CSE Global EBIT Chart

CSE Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.69 29.03 16.72 10.50 30.19

CSE Global Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.50 6.09 4.27 14.45 15.58

Competitive Comparison of CSE Global's EBIT

For the Information Technology Services subindustry, CSE Global'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.


CSE Global's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, CSE Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CSE Global's EV-to-EBIT falls into.



CSE Global 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $30.0 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.


CSE Global  (OTCPK:CSYJY) EBIT Explanation

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

CSE Global's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=31.048 * ( 1 - 22.8% )/( (302.84 + 364.775)/ 2 )
=23.969056/333.8075
=7.18 %

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))
=449.192 - 55.605 - ( 28.812 - max(0, 251.396 - 301.011+28.812))
=364.775

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

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

CSE Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=31.168/( ( (65.996 + max(35.574, 0)) + (72.481 + max(-24.843, 0)) )/ 2 )
=31.168/( ( 101.57 + 72.481 )/ 2 )
=31.168/87.0255
=35.81 %

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)
=(115.37 + 50.981 + 11.554) - (103.863 + 0 + 38.468)
=35.574

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.808 + 53.122 + 12.32) - (55.605 + 0 + 117.488)
=-24.843

When net working capital is negative, 0 is used.

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

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

CSE Global's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=30.033/299.139
=10.04 %

* 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.


CSE Global EBIT Related Terms

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


CSE Global (CSE Global) Business Description

Traded in Other Exchanges
Address
202 Bedok South Avenue 1, Building C No. 01-21, Singapore, SGP, 469332
CSE Global Ltd is an international technology company. It is engaged in the provision of total integrated industrial automation, information technology and intelligent transport solutions and investment holding. The company provide network and security solutions, targeting to Mining, Infrastructure, Oil, and Gas industry. The revenue sources of the group are Project revenue, Time and material revenue, Maintenance revenue and Equipment rental. The geographical regions of the company are Americas, Asia Pacific and EMEA.

CSE Global (CSE Global) Headlines

No Headlines