EBIT definition

EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.
EBIT means, for any period, Consolidated Net Income for such period plus all amounts deducted in arriving at such Consolidated Net Income amount for such period for Interest Expense and for foreign, federal, state and local income tax expense.

Examples of EBIT in a sentence

  • Typical financial metrics would include revenue, EBIT, EBITDA, Free Cash Flow, earnings, assets, or book value.

  • Operating profit (EBIT): Earnings before financial income and expense and taxes.

  • EBIT interest expense coverage is calculated as EBIT divided by interest expense.

  • These adverse factors were partially mitigated by the post-pandemic patronage recovery of Shenzhen Metro Line 4.Other businesses, project study and business development expenses: EBIT loss from these businesses was HK$341 million in 2023, compared to the loss of HK$539 million recorded in 2022.

  • The increase was partly offset by the adverse impact of overall negative rental reversions as the gradual recovery of the retail market was affected by the increasing trend of northbound spending.Mainland China and international railway, property rental and management subsidiaries: In 2023, EBIT saw a significant decrease of HK$438 million, or 45.5%, to HK$524 million before special loss provisions.


More Definitions of EBIT

EBIT means, in respect of any Relevant Period, the consolidated operating profit of the Group before taxation:
EBIT means, for any Person and with reference to any period, Net Income for such period plus all amounts deducted in arriving at such Net Income amount in respect of (a) Interest Expense for such period and (b) federal, state, and local income taxes for such period.
EBIT means as to any Performance Period, the Company’s or a business unit’s income before reductions for interest and taxes, determined in accordance with generally accepted accounting principles.
EBIT means earnings before interest and taxes which, shall be in respect of the relevant fiscal year, the net revenue of the Relevant Entity before deducting corporate taxes (or any other tax on income or gains in the relevant jurisdiction of the Relevant Entity); plus the sum of all interest and any amounts in the nature of interest charged to expense relating to financial indebtedness for borrowed money (which amounts include debts payable to Affiliates as well as debt instruments to financial institutions) of the Relevant Entity;
EBIT means, for any applicable computation period, the Borrower’s and Subsidiaries’ Net Income on a consolidated basis, plus (a) consolidated federal, state, local and foreign income and franchise taxes paid or accrued during such period and (b) Consolidated Interest Expense for such period, minus (or plus) equity earnings (or losses) during such period attributable to equity investments by the Borrower and its Subsidiaries in the capital stock or other equity interests in any Person which is not a Subsidiary.
EBIT means, with respect to any person, for any period, the sum of (a) Net Income or loss plus (b) all amounts deducted in determining such Net Income or loss on account of (i) all consolidated interest expense and (ii) taxes based on or measured by income, all as determined in accordance with Generally Accepted Accounting Principles.