ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) EBIT : $-2,260 Mil (TTM As of Mar. 2024)

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What is ZIM Integrated Shipping Services EBIT?

ZIM Integrated Shipping Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $205 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-2,260 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ZIM Integrated Shipping Services's annualized ROC % for the quarter that ended in Mar. 2024 was 8.01%. ZIM Integrated Shipping Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ZIM Integrated Shipping Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -34.30%.

ZIM Integrated Shipping Services EBIT Historical Data

The historical data trend for ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services EBIT Chart

ZIM Integrated Shipping Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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146.11

691.20

5,828.40

6,252.10

-2,434.70

ZIM Integrated Shipping Services Quarterly Data
	Dec18	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															30.50	-130.10	-2,240.10	-95.00	205.30

Competitive Comparison of ZIM Integrated Shipping Services's EBIT

For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ZIM Integrated Shipping Services's EV-to-EBIT falls into.

ZIM Integrated Shipping Services 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 $-2,260 Mil.

ZIM Integrated Shipping Services (NYSE:ZIM) EBIT Explanation

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

ZIM Integrated Shipping Services'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 )
=	674.8 * ( 1 - 4.36% )	/	( (7749.9	+	8373)	/ 2 )
=	645.37872	/	8061.45
=	8.01 %

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	))
=	8346	-	542.8	-	( 1795.6	-	max(0, 2518.1	-	2571.4	+	1795.6	))
=	7749.9

	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	))
=	8931.6	-	612.2	-	( 1432.7	-	max(0, 2551.6	-	2498	+	1432.7	))
=	8373

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

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

ZIM Integrated Shipping Services'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 )
=	821.2	/	( ( (4637 + max(-207, 0))	+	(5399.3 + max(96.6, 0)) )	/	2 )
=	821.2	/	( ( 4637	+	5495.9 )	/	2 )
=	821.2	/	5066.45
=	16.21 %

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)
=	(404.9	+	179.3	+	34)	-	(542.8	+	207.6	+	74.8)
=	-207

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(868	+	197.3	+	0)	-	(612.2	+	292.9	+	63.599999999999)
=	96.6

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:

ZIM Integrated Shipping Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-2259.9	/	6589.080
	=	-34.30 %

ZIM Integrated Shipping Services EBIT Related Terms

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ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZIM Integrated Shipping Services Ltd (NYSE:ZIM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

2SV:Germany

Address

9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500

Website

https://www.zim.com

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.