Hokkaido Electric Power Co (TSE:9509) EBIT : 円100,780 Mil (TTM As of Dec. 2023)

View and export this data going back to 1953. Start your Free Trial

What is Hokkaido Electric Power Co EBIT?

Hokkaido Electric Power Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円6,178 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円100,780 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hokkaido Electric Power Co's annualized ROC % for the quarter that ended in Dec. 2023 was 0.97%. Hokkaido Electric Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hokkaido Electric Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.06%.

Hokkaido Electric Power Co EBIT Historical Data

The historical data trend for Hokkaido Electric Power 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.

Hokkaido Electric Power Co EBIT Chart

Hokkaido Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

44,631.00

51,811.00

21,707.00

-17,089.00

100,780.00

Hokkaido Electric Power 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															2,924.00	50,077.00	25,672.00	6,178.00	18,853.00

Competitive Comparison of Hokkaido Electric Power Co's EBIT

For the Utilities - Renewable subindustry, Hokkaido Electric Power 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.

Hokkaido Electric Power Co's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hokkaido Electric Power Co's EV-to-EBIT falls into.

Hokkaido Electric Power 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100,780 Mil.

Hokkaido Electric Power Co (TSE:9509) EBIT Explanation

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

Hokkaido Electric Power 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 )
=	24260 * ( 1 - 17.63% )	/	( (2077627	+	2047292)	/ 2 )
=	19982.962	/	2062459.5
=	0.97 %

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	))
=	2129956	-	95926	-	( 121225	-	max(0, 432291	-	388694	+	121225	))
=	2077627

	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	))
=	2114195	-	107938	-	( 87369	-	max(0, 428582	-	387547	+	87369	))
=	2047292

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

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

Hokkaido Electric Power 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 )
=	24712	/	( ( (1530968 + max(-110322, 0))	+	(1517781 + max(-83904, 0)) )	/	2 )
=	24712	/	( ( 1530968	+	1517781 )	/	2 )
=	24712	/	1524374.5
=	1.62 %

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)
=	(88739	+	80563	+	98167)	-	(95926	+	0	+	281865)
=	-110322

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(95512	+	91633	+	113033)	-	(107938	+	0	+	276144)
=	-83904

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:

Hokkaido Electric Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	100780	/	1427751.728
	=	7.06 %

Hokkaido Electric Power Co EBIT Related Terms

Thank you for viewing the detailed overview of Hokkaido Electric Power Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Hokkaido Electric Power Co (TSE:9509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

9509:Japan

Address

2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677

Website

http://www.hepco.co.jp

Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

Hokkaido Electric Power Co (TSE:9509) Headlines

No Headlines