Earnings Before Interest and Tax

(redirected from Net Operating Profits)
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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.
References in periodicals archive ?
520 billion * Increase of net operating profit for the quarter by 45% as comparedto Q3 2007
Fortis's insurance arm reported a five per cent rise in net operating profits to pounds 207 million in the first quarter boosted by its general insurance business and a strong performance from its operations in the US.
taxpayer's net operating profit before taxes, or the foreign parent company's cost-plus?
Yesterday, however, it said the economic slowdown, coupled with volatile stock markets, meant income from commission and investments was lower than expected and net operating profits were likely to rise by just 5pc.
announced that the net operating profits for the first quarter ended June 30, 2006 were $108,701, as compared to a net operating loss of $178,120 for the company's first quarter ended June 30, 2005.
Net operating profit climbed to pounds 973 million against analysts' expectations of pounds 925 million, from pounds 935 million last year.
Acorn Systems software and methodology helps customers such as Charles Schwab (NYSE:SCH), citigroup (NYSE:C), Fisher Scientific International (NYSE:FSH) and Sysco Foods (NYSE:SYY) confidently measure, optimize and predict costs, net operating profits, capacity and resources.
Beijing Multimedia was valued, based upon a discounted present value of net operating profits, of US$40 million to US$80 million, and is expected to contribute US$20 million a year, pre-tax cash flow to Centiv.
Beijing Multimedia owns or has the rights to acquire a part of the net operating profits interest in the joint advertising activities of CITIC Cultural & Sports Industry Co.
It is gratifying to note our net operating profits were up 52% over the same period last year.
The lease term is for 20 years, including a 4-year work commitment, in exchange for 10 percent of net operating profits from any future production from the properties.
The lease term is for 25 years, in exchange for an up-front payment of 50,000 shares of Sterling stock, an annual payment of $7,200 and 5,000 shares of Sterling stock, and 20 percent of net operating profits from any future production from the properties.