Kossan Rubber Industries Bhd (XKLS:7153) EBIT : RM96 Mil (TTM As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Kossan Rubber Industries Bhd EBIT?

Kossan Rubber Industries Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was RM41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was RM96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kossan Rubber Industries Bhd's annualized ROC % for the quarter that ended in Mar. 2024 was 6.58%. Kossan Rubber Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kossan Rubber Industries Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.58%.

Kossan Rubber Industries Bhd EBIT Historical Data

The historical data trend for Kossan Rubber Industries Bhd'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.

Kossan Rubber Industries Bhd EBIT Chart

Kossan Rubber Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

291.94

1,456.37

3,755.59

217.78

35.95

Kossan Rubber Industries Bhd 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															-18.63	2.79	49.14	2.66	41.04

Competitive Comparison of Kossan Rubber Industries Bhd's EBIT

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries Bhd'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.

Kossan Rubber Industries Bhd's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kossan Rubber Industries Bhd's EV-to-EBIT falls into.

Kossan Rubber Industries Bhd 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM96 Mil.

Kossan Rubber Industries Bhd (XKLS:7153) EBIT Explanation

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

Kossan Rubber Industries Bhd's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	164.156 * ( 1 - 21.81% )	/	( (1961.526	+	1937.043)	/ 2 )
=	128.3535764	/	1949.2845
=	6.58 %

where

	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	))
=	4202.324	-	146.767	-	( 2094.031	-	max(0, 213.716	-	2799.612	+	2094.031	))
=	1961.526

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	4219.845	-	191.664	-	( 2091.138	-	max(0, 197.444	-	2816.597	+	2091.138	))
=	1937.043

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Kossan Rubber Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	164.156	/	( ( (1364.184 + max(498.769, 0))	+	(1364.909 + max(503.27, 0)) )	/	2 )
=	164.156	/	( ( 1862.953	+	1868.179 )	/	2 )
=	164.156	/	1865.566
=	8.80 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(237.691	+	239.228	+	223.357)	-	(146.767	+	0	+	54.74)
=	498.769

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(284.204	+	220.045	+	190.685)	-	(191.664	+	0	+	0)
=	503.27

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Kossan Rubber Industries Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	95.619	/	3710.704
	=	2.58 %

Kossan Rubber Industries Bhd EBIT Related Terms

Thank you for viewing the detailed overview of Kossan Rubber Industries Bhd's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Kossan Rubber Industries Bhd (XKLS:7153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kossan Rubber Industries Bhd (XKLS:7153) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100

Website

https://www.kossan.com.my

Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (XKLS:7153) Headlines

No Headlines