GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Coke & Engineering Co Ltd (TSE:3315) » Definitions » EBIT

Nippon Coke & Engineering Co (TSE:3315) EBIT : 円3,029 Mil (TTM As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Nippon Coke & Engineering Co EBIT?

Nippon Coke & Engineering Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円-405 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,029 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Coke & Engineering Co's annualized ROC % for the quarter that ended in Dec. 2023 was -1.02%. Nippon Coke & Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Coke & Engineering Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.93%.


Nippon Coke & Engineering Co EBIT Historical Data

The historical data trend for Nippon Coke & Engineering 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.

Nippon Coke & Engineering Co EBIT Chart

Nippon Coke & Engineering 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 574.00 5,878.00 10,862.00 -1,097.00 3,029.00

Nippon Coke & Engineering 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 3,260.00 562.00 1,485.00 -405.00 1,387.00

Competitive Comparison of Nippon Coke & Engineering Co's EBIT

For the Coking Coal subindustry, Nippon Coke & Engineering 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.


Nippon Coke & Engineering Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Coke & Engineering Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nippon Coke & Engineering Co's EV-to-EBIT falls into.



Nippon Coke & Engineering 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 円3,029 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.


Nippon Coke & Engineering Co  (TSE:3315) EBIT Explanation

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

Nippon Coke & Engineering 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 )
=-1704 * ( 1 - 32.01% )/( (110334 + 116626)/ 2 )
=-1158.5496/113480
=-1.02 %

where

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

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

Nippon Coke & Engineering 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 )
=-1620/( ( (65670 + max(26567, 0)) + (67394 + max(30075, 0)) )/ 2 )
=-1620/( ( 92237 + 97469 )/ 2 )
=-1620/94853
=-1.71 %

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)
=(17908 + 40432 + 596) - (22656 + 0 + 9713)
=26567

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15528 + 43189 + 578) - (20446 + 0 + 8774)
=30075

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:

Nippon Coke & Engineering Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3029/77019.212
=3.93 %

* 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.


Nippon Coke & Engineering Co EBIT Related Terms

Thank you for viewing the detailed overview of Nippon Coke & Engineering Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Nippon Coke & Engineering Co (TSE:3315) Business Description

Traded in Other Exchanges
Address
3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007
Nippon Coke & Engineering Co., Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in the resource recycling, and logistics businesses; and property rental activity. Business is primarily functioned through Japan and it derives the majority of revenue from coal and coke segment.

Nippon Coke & Engineering Co (TSE:3315) Headlines

No Headlines