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Ascom Leasing & Investments (NSE:ASCOM) EBIT : ₹67.9 Mil (TTM As of Mar. 2023)


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What is Ascom Leasing & Investments EBIT?

Ascom Leasing & Investments's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹67.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was ₹67.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ascom Leasing & Investments's annualized ROC % for the quarter that ended in Mar. 2023 was 13.49%. Ascom Leasing & Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 2,633.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ascom Leasing & Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 3.71%.

Ascom Leasing & Investments EBIT Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments EBIT Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial 56.47 66.92 67.73 71.20 67.89

Ascom Leasing & Investments Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT Get a 7-Day Free Trial 56.47 66.92 67.73 71.20 67.89

Competitive Comparison of Ascom Leasing & Investments's EBIT

For the Credit Services subindustry, Ascom Leasing & Investments'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.

Ascom Leasing & Investments's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's EV-to-EBIT falls into.


Ascom Leasing & Investments 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 Mar. 2023 was ₹67.9 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.

Ascom Leasing & Investments  (NSE:ASCOM) EBIT Explanation

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

Ascom Leasing & Investments's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=66.685 * ( 1 - 25.03% )/( (352.382 + 389.011)/ 2 )
=49.9937445/370.6965
=13.49 %

where

Invested Capital(Q: Mar. 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))
=407.586 - 6.146 - ( 49.058 - max(0, 23.75 - 116.952+49.058))
=352.382

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))
=422.291 - 4.028 - ( 29.252 - max(0, 22.249 - 87.387+29.252))
=389.011

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

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

Ascom Leasing & Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=67.89/( ( (3.065 + max(-8.412, 0)) + (2.091 + max(-7.758, 0)) )/ 2 )
=67.89/( ( 3.065 + 2.091 )/ 2 )
=67.89/2.578
=2,633.44 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 14.677) - (6.146 + 0 + 16.943)
=-8.412

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 13.778) - (4.028 + 0 + 17.508)
=-7.758

When net working capital is negative, 0 is used.

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

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

Ascom Leasing & Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=67.89/1827.692
=3.71 %

* 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.

Ascom Leasing & Investments EBIT Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » EBIT
Comparable Companies
BOM:538476 BOM:511754 BOM:511700 BOM:511066 BOM:523384 BOM:505850 BOM:509051 BOM:511724 BOM:512381 BOM:511505 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007
Website
https://www.ascomfinance.com
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

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