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First Takaful Insurance Co KCSC (KUW:FTI) EBIT : KWD0.00 Mil (TTM As of Mar. 2024)


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What is First Takaful Insurance Co KCSC EBIT?

First Takaful Insurance Co KCSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was KWD0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Takaful Insurance Co KCSC's annualized ROC % for the quarter that ended in Mar. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Takaful Insurance Co KCSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.


First Takaful Insurance Co KCSC EBIT Historical Data

The historical data trend for First Takaful Insurance Co KCSC'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.

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First Takaful Insurance Co KCSC EBIT Chart

First Takaful Insurance Co KCSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
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First Takaful Insurance Co KCSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of First Takaful Insurance Co KCSC's EBIT

For the Insurance - Diversified subindustry, First Takaful Insurance Co KCSC'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.


First Takaful Insurance Co KCSC's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, First Takaful Insurance Co KCSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Takaful Insurance Co KCSC's EV-to-EBIT falls into.



First Takaful Insurance Co KCSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.00 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.


First Takaful Insurance Co KCSC  (KUW:FTI) EBIT Explanation

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

First Takaful Insurance Co KCSC's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0 * ( 1 - 0% )/( (11.6661 + 12.15525)/ 2 )
=0/11.910675
=0.00 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=12.749 - 0.414 - ( 0.671 - 5% * 0.042 )
=11.6661

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=13.45 - 0.435 - ( 0.86 - 5% * 0.005 )
=12.15525

Note: The EBIT data used here is four times the quarterly (Mar. 2024) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

First Takaful Insurance Co KCSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0/16.516
=0.00 %

* 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.


First Takaful Insurance Co KCSC EBIT Related Terms

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First Takaful Insurance Co KCSC (KUW:FTI) Business Description

Traded in Other Exchanges
N/A
Address
Al Qibla - Abdullah Al-Mubarak Street, 1st Floor, Office No. 6, P.O. Box 5713, Souq Al-Safat Building, Kuwait, KWT, 13058
First Takaful Insurance Co KCSC is engaged in carrying out all types of insurance takaful activities and related activities, including insurance and reinsurance, and investing the funds available to the company in various activities. The company's product line consists of life and medical, fire and general accidents, motor, and marine, and aviation. Geographically the company provides its services only to the Kuwait market.