Idea Cellular EBIT margin
What is the EBIT margin of Idea Cellular?
The EBIT margin of Idea Cellular Limited is -15.36%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Communication Services sector on NSE compared to Idea Cellular
What does Idea Cellular do?
Vodafone Idea Limited provides mobile telecommunication services in India. It offers voice and data services on 2G, 3G, and 4G technologies; broadband services; content services; digital and Internet of thing services; and other value added services, including entertainment, voice and SMS based, and utility services. The company also provides long distance and ISP services; passive infrastructure services; manpower services; fiber infrastructure services; and business and enterprise services. It also trades in mobile handsets, data cards, and related accessories. As of March 31, 2021, it had approximately 255.7 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Companies with ebit margin similar to Idea Cellular
- Medigus has EBIT margin of -15.48%
- Ultima United has EBIT margin of -15.47%
- Inseego Corp has EBIT margin of -15.42%
- Circassia Pharmaceuticals Plc has EBIT margin of -15.41%
- Viasat has EBIT margin of -15.38%
- Pier 1 Imports Inc has EBIT margin of -15.37%
- Idea Cellular has EBIT margin of -15.36%
- Qudian Inc has EBIT margin of -15.33%
- FLJ Ltd has EBIT margin of -15.32%
- Nevro Corp has EBIT margin of -15.30%
- Bonso Electronics International has EBIT margin of -15.30%
- Pcas Sa has EBIT margin of -15.29%
- Autoline Industries has EBIT margin of -15.28%