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ZCCM Investments Holdings (LSE:ZCC) EBIT : $-54.7 Mil (TTM As of Dec. 2022)


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What is ZCCM Investments Holdings EBIT?

ZCCM Investments Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was $-50.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-54.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ZCCM Investments Holdings's annualized ROC % for the quarter that ended in Dec. 2022 was -8.27%. ZCCM Investments Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -42.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ZCCM Investments Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -4.70%.


ZCCM Investments Holdings EBIT Historical Data

The historical data trend for ZCCM Investments Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ZCCM Investments Holdings EBIT Chart

ZCCM Investments Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.35 -21.92 89.15 -438.60 -54.73

ZCCM Investments Holdings Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.32 24.41 -463.01 -3.93 -50.80

Competitive Comparison of ZCCM Investments Holdings's EBIT

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ZCCM Investments Holdings's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZCCM Investments Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ZCCM Investments Holdings's EV-to-EBIT falls into.



ZCCM Investments Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-54.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ZCCM Investments Holdings  (LSE:ZCC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ZCCM Investments Holdings's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-143.642 * ( 1 - -9.08% )/( (2230.337 + 1557.662)/ 2 )
=-156.6846936/1893.9995
=-8.27 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1847.664 - 239.838 - ( 214.132 - max(0, 458.119 - 508.283+214.132))
=1557.662

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

ZCCM Investments Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-101.6/( ( (0 + max(117.342, 0)) + (363.347 + max(-120.307, 0)) )/ 2 )
=-101.6/( ( 117.342 + 363.347 )/ 2 )
=-101.6/240.3445
=-42.27 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 405.284) - (0 + 0 + 287.942)
=117.342

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.638 + 185.88 + 79.655) - (239.838 + 0 + 159.642)
=-120.307

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

ZCCM Investments Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-54.726/1164.675
=-4.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ZCCM Investments Holdings EBIT Related Terms

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ZCCM Investments Holdings (LSE:ZCC) Business Description

Traded in Other Exchanges
Address
Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101
ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

ZCCM Investments Holdings (LSE:ZCC) Headlines

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