Hokuriku Gas Co (TSE:9537) EBIT : 円873 Mil (TTM As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Hokuriku Gas Co EBIT?

Hokuriku Gas Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円-1,170 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円873 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hokuriku Gas Co's annualized ROC % for the quarter that ended in Dec. 2023 was -7.14%. Hokuriku Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hokuriku Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.97%.

Hokuriku Gas Co EBIT Historical Data

The historical data trend for Hokuriku Gas 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.

Hokuriku Gas Co EBIT Chart

Hokuriku Gas Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

1,767.01

1,813.18

2,514.72

1,523.20

688.55

Hokuriku Gas Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-1,636.21	1,986.14	944.27	-887.49	-1,170.15

Competitive Comparison of Hokuriku Gas Co's EBIT

For the Utilities - Regulated Gas subindustry, Hokuriku Gas 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.

Hokuriku Gas Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's EV-to-EBIT distribution charts can be found below:

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

Hokuriku Gas 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873 Mil.

Hokuriku Gas Co (TSE:9537) EBIT Explanation

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

Hokuriku Gas 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 )
=	-5126.564 * ( 1 - 26.3% )	/	( (52183.371	+	53661.615)	/ 2 )
=	-3778.277668	/	52922.493
=	-7.14 %

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	))
=	60255.755	-	2642.755	-	( 7016.06	-	max(0, 6660.589	-	12090.218	+	7016.06	))
=	52183.371

	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	))
=	62542.404	-	4849.142	-	( 6775.784	-	max(0, 9828.099	-	13859.746	+	6775.784	))
=	53661.615

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

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

Hokuriku Gas 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 )
=	-4680.584	/	( ( (39437.129 + max(-1386.431, 0))	+	(39411.45 + max(-2444.137, 0)) )	/	2 )
=	-4680.584	/	( ( 39437.129	+	39411.45 )	/	2 )
=	-4680.584	/	39424.2895
=	-11.87 %

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)
=	(3653.244	+	0	+	1420.914)	-	(2642.755	+	0	+	3817.834)
=	-1386.431

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5384.073	+	0	+	1699.889)	-	(4849.142	+	0	+	4678.957)
=	-2444.137

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	872.774	/	9728.850
	=	8.97 %

Hokuriku Gas Co EBIT Related Terms

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

Hokuriku Gas Co (TSE:9537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hokuriku Gas Co Ltd (TSE:9537) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-23 Higashiodori, Chuo-ku, Niigata Prefecture, Niigata City, JPN, 950-8748

Website

http://www.hokurikugas.co.jp

Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas, and gas-related equipment. It is involved in the manufacture, supply and sale of city gas, the operation of gas works, as well as the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.

Hokuriku Gas Co (TSE:9537) Headlines

No Headlines