Idea Cellular EBIT margin
What is the EBIT margin of Idea Cellular?
The EBIT margin of Idea Cellular Limited is -20.25%
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 BSE compared to Idea Cellular
What does Idea Cellular do?
Vodafone Idea Limited operates mobile telecommunications in India. The company offers 2G, 3G, and 4G services; prepaid, postpaid, and roaming services, as well as interconnect and long distance services; voice, data, and enterprise services, as well as various other value added services, including short messaging services, digital services, Internet of Things, etc. It also trades in handsets, data cards, and related accessories; and provides internet, mobile advertisement, toll free services, etc. Vodafone Idea Limited has approximately 293.7 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
- Trean Insurance has EBIT margin of -20.32%
- Vivimed Labs has EBIT margin of -20.30%
- SpiceJet has EBIT margin of -20.29%
- E-COM (Aus) Pty Ltd has EBIT margin of -20.28%
- Paragon 28 has EBIT margin of -20.28%
- Mobile Iron Inc has EBIT margin of -20.26%
- Idea Cellular has EBIT margin of -20.25%
- Ascena Retail has EBIT margin of -20.25%
- Ascena Retail has EBIT margin of -20.25%
- Inseego has EBIT margin of -20.18%
- Madhucon Projects has EBIT margin of -20.17%
- Zovio Inc has EBIT margin of -20.16%
- Avalara Inc has EBIT margin of -20.12%