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Western Marine Shipyard (DHA:WMSHIPYARD) EBIT : BDT346.3 Mil (TTM As of Jun. 2023)


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What is Western Marine Shipyard EBIT?

Western Marine Shipyard's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was BDT346.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was BDT346.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Western Marine Shipyard's annualized ROC % for the quarter that ended in Jun. 2023 was 1.08%. Western Marine Shipyard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Western Marine Shipyard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1.49%.


Western Marine Shipyard EBIT Historical Data

The historical data trend for Western Marine Shipyard'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.

Western Marine Shipyard EBIT Chart

Western Marine Shipyard Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only 1,363.03 999.51 306.00 300.15 346.32

Western Marine Shipyard Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only 1,363.03 999.51 306.00 300.15 346.32

Competitive Comparison of Western Marine Shipyard's EBIT

For the Aerospace & Defense subindustry, Western Marine Shipyard'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.


Western Marine Shipyard's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Western Marine Shipyard's EV-to-EBIT falls into.



Western Marine Shipyard 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 Jun. 2023 was BDT346.3 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.


Western Marine Shipyard  (DHA:WMSHIPYARD) EBIT Explanation

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

Western Marine Shipyard's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=275.827 * ( 1 - 3.87% )/( (23638.467 + 25481.623)/ 2 )
=265.1524951/24560.045
=1.08 %

where

Invested Capital(Q: Jun. 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))
=23897.405 - 113.333 - ( 145.605 - max(0, 963.614 - 10692.929+145.605))
=23638.467

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))
=25688.59 - 106.89 - ( 100.077 - max(0, 1094.288 - 11100.266+100.077))
=25481.623

Note: The Operating Income data used here is one times the annual (Jun. 2023) data.

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

Western Marine Shipyard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=346.323/( ( (12511.243 + max(10206.989, 0)) + (13915.997 + max(10663.101, 0)) )/ 2 )
=346.323/( ( 22718.232 + 24579.098 )/ 2 )
=346.323/23648.665
=1.46 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2253.775 + 4669.886 + 3623.663) - (113.333 + 0 + 227.002)
=10206.989

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2404.775 + 4890.38 + 3705.034) - (106.89 + 0 + 230.198)
=10663.101

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2023) EBIT data.

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

Western Marine Shipyard's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=346.323/23168.085
=1.49 %

* 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.


Western Marine Shipyard EBIT Related Terms

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Western Marine Shipyard (DHA:WMSHIPYARD) Business Description

Traded in Other Exchanges
N/A
Address
1440/A Strand Road, Amin Future Park, 7th Floor, Chittagong, BGD, 4100
Western Marine Shipyard Ltd operates its business in the maritime industry. The company specializes in ship repairing and export of marine supplies. Its other business activities are to establish, build, construct shipyard, dockyard, slipway and to undertake ownership/management of shipyard and dockyard. The company builds different types of ships such as bulk carrier, container, tanker, passenger, petrol vassal, and fishing trawler.

Western Marine Shipyard (DHA:WMSHIPYARD) Headlines

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