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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) EBIT : ZWL30,162.89 Mil (TTM As of Jun. 2023)


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What is Fidelity Life Assurance of Zimbabwe EBIT?

Fidelity Life Assurance of Zimbabwe's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was ZWL49,704.68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ZWL30,162.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fidelity Life Assurance of Zimbabwe's annualized ROC % for the quarter that ended in Jun. 2023 was 39.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fidelity Life Assurance of Zimbabwe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -88.11%.


Fidelity Life Assurance of Zimbabwe EBIT Historical Data

The historical data trend for Fidelity Life Assurance of Zimbabwe'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.

Fidelity Life Assurance of Zimbabwe EBIT Chart

Fidelity Life Assurance of Zimbabwe Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 28.52 394.05 -15.83 1,431.44 1,008.18

Fidelity Life Assurance of Zimbabwe Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 67.54 1,363.90 20,549.98 -19,541.79 49,704.68

Competitive Comparison of Fidelity Life Assurance of Zimbabwe's EBIT

For the Insurance - Life subindustry, Fidelity Life Assurance of Zimbabwe'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.


Fidelity Life Assurance of Zimbabwe's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fidelity Life Assurance of Zimbabwe's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fidelity Life Assurance of Zimbabwe's EV-to-EBIT falls into.



Fidelity Life Assurance of Zimbabwe 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL30,162.89 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.


Fidelity Life Assurance of Zimbabwe  (XZIM:FIDL.ZW) EBIT Explanation

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

Fidelity Life Assurance of Zimbabwe's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=99409.368 * ( 1 - 8.33% )/( (50313.882 + 416830.0006)/ 2 )
=91128.5676456/233571.9413
=39.02 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=56407.69 - 3518.193 - ( 1470.211 - 5% * -22108.08 )
=50313.882

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=470133.376 - 9125.701 - ( 43760.093 - 5% * -8351.628 )
=416830.0006

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

Fidelity Life Assurance of Zimbabwe's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=30162.89/-34233.571
=-88.11 %

* 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.


Fidelity Life Assurance of Zimbabwe EBIT Related Terms

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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
66 Julius Nyerere Way, Fidelity House, Harare, ZWE
Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.

Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Headlines

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