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British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) EBIT : ZWL200,090 Mil (TTM As of Dec. 2023)


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What is British American Tobacco Zimbabwe Holdings EBIT?

British American Tobacco Zimbabwe Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ZWL154,368 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ZWL200,090 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. British American Tobacco Zimbabwe Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 442.12%. British American Tobacco Zimbabwe Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 887.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. British American Tobacco Zimbabwe Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3,103.56%.


British American Tobacco Zimbabwe Holdings EBIT Historical Data

The historical data trend for British American Tobacco Zimbabwe Holdings'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.

British American Tobacco Zimbabwe Holdings EBIT Chart

British American Tobacco Zimbabwe Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 795.62 411.78 7,535.36 62,319.00 200,090.00

British American Tobacco Zimbabwe Holdings Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,775.55 14,922.80 47,396.20 45,721.94 154,368.06

Competitive Comparison of British American Tobacco Zimbabwe Holdings's EBIT

For the Tobacco subindustry, British American Tobacco Zimbabwe Holdings'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.


British American Tobacco Zimbabwe Holdings's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Zimbabwe Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where British American Tobacco Zimbabwe Holdings's EV-to-EBIT falls into.



British American Tobacco Zimbabwe Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was ZWL200,090 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.


British American Tobacco Zimbabwe Holdings  (XZIM:BAT.ZW) EBIT Explanation

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

British American Tobacco Zimbabwe Holdings'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=308736.118 * ( 1 - 32.18% )/( (22716.162 + 72002)/ 2 )
=209384.8352276/47359.081
=442.12 %

where

Invested Capital(Q: Jun. 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))
=76222.405 - 40457.27 - ( 13048.973 - max(0, 48673.089 - 61985.946+13048.973))
=22716.162

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

British American Tobacco Zimbabwe Holdings'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=308736.118/( ( (13278.098 + max(-929.787, 0)) + (21534 + max(34751, 0)) )/ 2 )
=308736.118/( ( 13278.098 + 56285 )/ 2 )
=308736.118/34781.549
=887.64 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11858.775 + 17000.62 + 18883.907) - (40457.27 + 0 + 8215.819)
=-929.787

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36308 + 26439 + 17342) - (32083 + 0 + 13255)
=34751

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

British American Tobacco Zimbabwe Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=200090/-6447.109
=-3,103.56 %

* 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.


British American Tobacco Zimbabwe Holdings EBIT Related Terms

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British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Manchester Road, Southerton, PO Box ST98, Harare, ZWE
British American Tobacco Zimbabwe Holdings Ltd is a multinational company engaged in the manufacturing, distribution, and sale of cigarettes through a network of independent retailers and distributors. Its portfolio of brands includes Dunhill, Lucky Strike, and Rothmans, and various international brands such as Vogue, Peter Stuyvesant, and State Express 555.

British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Headlines

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