Indian Overseas Bank EBIT margin
What is the EBIT margin of Indian Overseas Bank?
The EBIT margin of Indian Overseas Bank is 0.00%
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 Finance sector on BSE compared to Indian Overseas Bank
What does Indian Overseas Bank do?
Indian Overseas Bank provides various banking products and services. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers saving bank and current accounts, term deposits, retail loans, debit and credit cards, NRI accounts, agricultural and rural banking products, MSME loans, and merchant banking services. The company operates through 3270 branches and 3032 ATMs in India. It also operates through branches located in Singapore, Hong Kong, Bangkok, and Sri Lanka. Indian Overseas Bank was founded in 1937 and is based in Chennai, India.
Companies with ebit margin similar to Indian Overseas Bank
- Responsive Industries has EBIT margin of -0.03%
- Gamestop has EBIT margin of -0.02%
- Haemato AG has EBIT margin of -0.01%
- The Gap has EBIT margin of -0.01%
- The Gap has EBIT margin of -0.01%
- Religare Enterprises has EBIT margin of -0.01%
- Indian Overseas Bank has EBIT margin of 0.00%
- Vardhman Special Steels has EBIT margin of 0.00%
- MSP Steel & Power has EBIT margin of 0.01%
- Rasi Electrodes has EBIT margin of 0.01%
- Olympia Industries has EBIT margin of 0.02%
- American Airlines has EBIT margin of 0.03%
- Franchise has EBIT margin of 0.03%