Indus Gas (LSE:INDI) EBIT : £44.66 Mil (TTM As of Sep. 2023)

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What is Indus Gas EBIT?

Indus Gas's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £18.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £44.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indus Gas's annualized ROC % for the quarter that ended in Sep. 2023 was 1.85%. Indus Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 3.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indus Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.61%.

Indus Gas EBIT Historical Data

The historical data trend for Indus Gas'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.

Indus Gas EBIT Chart

Indus Gas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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40.44

43.13

32.07

34.87

45.12

Indus Gas Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															16.72	17.44	20.07	26.39	18.27

Competitive Comparison of Indus Gas's EBIT

For the Oil & Gas E&P subindustry, Indus Gas'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.

Indus Gas's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indus Gas's EV-to-EBIT distribution charts can be found below:

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

Indus Gas 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £44.66 Mil.

Indus Gas (LSE:INDI) EBIT Explanation

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

Indus Gas's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	36.54 * ( 1 - 43.69% )	/	( (1109.216	+	1113.26)	/ 2 )
=	20.575674	/	1111.238
=	1.85 %

where

	Invested Capital		(Q: Mar. 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	))
=	1120.862	-	1.951	-	( 9.695	-	max(0, 25.401	-	111.805	+	9.695	))
=	1109.216

	Invested Capital		(Q: Sep. 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	))
=	1118.653	-	1.517	-	( 3.876	-	max(0, 24.345	-	101.13	+	3.876	))
=	1113.26

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

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

Indus Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	36.54	/	( ( (1008.11 + max(11.703, 0))	+	(1016.364 + max(9.416, 0)) )	/	2 )
=	36.54	/	( ( 1019.813	+	1025.78 )	/	2 )
=	36.54	/	1022.7965
=	3.57 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.437	+	8.184	+	0.03400000000002)	-	(1.951	+	0	+	0.00099999999999767)
=	11.703

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.597	+	6.336	+	-1.4210854715202E-14)	-	(1.517	+	0	+	0)
=	9.416

When net working capital is negative, 0 is used.

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

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

Indus Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	44.661	/	675.480
	=	6.61 %

Indus Gas EBIT Related Terms

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Indus Gas (LSE:INDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indus Gas Ltd (LSE:INDI) » Definitions » EBIT

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Traded in Other Exchanges

INDI.GB:UK 59Q:Germany

Address

Tudor House, 1st Floor, Le Bordage, Saint Peter Port, GGY, GY1 1DB

Website

https://www.indusgas.com

Indus Gas Ltd is an oil and gas exploration and development company. It is mainly engaged in exploring, developing, producing, distributing, and marketing hydrocarbons including natural gas initially in India. The company holds an interest in on-shore Block RJ-ON/6 situated in Indus Basin. Its products include natural gas and by-product condensate. The Company considers that it operates in a single operating segment the production and sale of gas. Geographically, it derives a majority of its revenue from Asia.