EBIT


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Related to EBIT: EBITDA, cogs

EBIT

Earnings Before Interest and Tax

A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead) but not subtracting its tax liability or interest paid on debt. It is important to note that EBIT does not account for one-off or otherwise unusual revenues and expenses, only recurring ones. EBIT represents cash available to pay off creditors in the event of liquidation and, as such, it is closely watched, especially when the company incurs little depreciation or amortization. It is also called operating profit.

EBIT

References in periodicals archive ?
EBIT before special items improved by 86 million [euro] to minus 28 million [euro].
1)] EBIT is defined as net (loss) income before interest expense and income taxes.
The quarter's revenue and EBIT also reflect lower levels of high-margin financing revenue as a result of reduced equipment sales in both the current and prior quarters.
Adjusted basic EPS is calculated by adjusting Basic EPS for the impact of the same items excluded from Adjusted EBIT.
In 1Q14, the Com pany s operating profitability showed substantial im provement over that posted in 1Q13, with EBIT and EBIT margin of US$ 92.
Its revenue will increased by 10% to 20% and its EBIT will be comparable with the 2010 level.
EBIT before goodwill impairment and exceptionals for the period rose to EUR1.
To provide further insight on the trends of the business, the company is also furnishing revenue and EBIT results on a sequential basis, which is a comparison to first quarter results.
In the Chemicals segment, EBIT before special items rose slightly, while it increased sharply in the Functional Materials & Solutions segment.
The company said : "The largest contributor to a US$145 million increase in Underlying EBIT was a non-cash adjustment of our Angostura (Trinidad and Tobago) Production Sharing Contract.
The group's 2012 revenue is expected to go up by 5% to 10% and EBIT -- to range from EUR 50 million to EUR 55 million.
For the full 2011 Syzygy expects to see a moderate revenue increase and slightly lower EBIT.