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Tokai Rika Co (Tokai Rika Co) EBIT : $252 Mil (TTM As of Dec. 2023)


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What is Tokai Rika Co EBIT?

Tokai Rika Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $252 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tokai Rika Co's annualized ROC % for the quarter that ended in Dec. 2023 was 9.66%. Tokai Rika Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tokai Rika Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 36.01%.


Tokai Rika Co EBIT Historical Data

The historical data trend for Tokai Rika Co'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.

Tokai Rika Co EBIT Chart

Tokai Rika Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.55 176.49 115.83 172.19 242.25

Tokai Rika Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 76.13 100.16 90.69 82.22 -20.77

Competitive Comparison of Tokai Rika Co's EBIT

For the Auto Parts subindustry, Tokai Rika Co'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.


Tokai Rika Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tokai Rika Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tokai Rika Co's EV-to-EBIT falls into.



Tokai Rika Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $252 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.


Tokai Rika Co  (OTCPK:TKRKF) EBIT Explanation

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

Tokai Rika Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=360.212 * ( 1 - 36.56% )/( (2355.358 + 2376.854)/ 2 )
=228.5184928/2366.106
=9.66 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=3337.522 - 417.667 - ( 564.497 - max(0, 835.625 - 1859.312+564.497))
=2355.358

Invested Capital(Q: Dec. 2023 )
=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))
=3396.513 - 412.706 - ( 606.953 - max(0, 842.143 - 1893.347+606.953))
=2376.854

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Tokai Rika Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=328.876/( ( (745.747 + max(459.19, 0)) + (764.244 + max(444.251, 0)) )/ 2 )
=328.876/( ( 1204.937 + 1208.495 )/ 2 )
=328.876/1206.716
=27.25 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(615.611 + 489.932 + 189.272) - (417.667 + 0 + 417.958)
=459.19

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(560.482 + 514.504 + 211.408) - (412.706 + 0 + 429.437)
=444.251

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Tokai Rika Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=252.301/700.657
=36.01 %

* 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.


Tokai Rika Co EBIT Related Terms

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Tokai Rika Co (Tokai Rika Co) Business Description

Traded in Other Exchanges
Address
3-260 Toyota, Oguchi-Cho, Niwa-gun, Aichi, JPN, 480-0195
Tokai Rika Co Ltd is a Japan-based company manufactures automobile control systems and components that accurately relay human commands, as well as security devices that prevent unauthorized entry and safety systems that protect human lives. The company's major products include automotive switches, locks, and keys, seatbelts, shift levers, electronic parts, steering wheels, connectors, mirrors, plastic wheel covers, ornaments, amongst others.

Tokai Rika Co (Tokai Rika Co) Headlines

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