Kawasaki Heavy Industries (Kawasaki Heavy Industries) EBIT : $88 Mil (TTM As of Dec. 2023)

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

What is Kawasaki Heavy Industries EBIT?

Kawasaki Heavy Industries's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $233 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kawasaki Heavy Industries's annualized ROC % for the quarter that ended in Dec. 2023 was 4.34%. Kawasaki Heavy Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kawasaki Heavy Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.94%.

Kawasaki Heavy Industries EBIT Historical Data

The historical data trend for Kawasaki Heavy Industries'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.

Kawasaki Heavy Industries EBIT Chart

Kawasaki Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

371.48

398.80

-100.26

277.63

633.27

Kawasaki Heavy Industries 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															370.99	17.95	128.13	-291.53	233.27

Competitive Comparison of Kawasaki Heavy Industries's EBIT

For the Specialty Industrial Machinery subindustry, Kawasaki Heavy Industries'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.

Kawasaki Heavy Industries's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kawasaki Heavy Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kawasaki Heavy Industries's EV-to-EBIT falls into.

Kawasaki Heavy Industries 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 $88 Mil.

Kawasaki Heavy Industries (OTCPK:KWHIY) EBIT Explanation

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

Kawasaki Heavy Industries'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 )
=	944.012 * ( 1 - 36.06% )	/	( (13510.974	+	14322.979)	/ 2 )
=	603.6012728	/	13916.9765
=	4.34 %

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	))
=	17291.609	-	3130.495	-	( 650.14	-	max(0, 10014.4	-	10847.949	+	650.14	))
=	13510.974

	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	))
=	18496.904	-	3369.912	-	( 804.013	-	max(0, 10847.609	-	11880.45	+	804.013	))
=	14322.979

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

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

Kawasaki Heavy Industries'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 )
=	933.092	/	( ( (3656.634 + max(-689.607, 0))	+	(3807.197 + max(-703.869, 0)) )	/	2 )
=	933.092	/	( ( 3656.634	+	3807.197 )	/	2 )
=	933.092	/	3731.9155
=	25.00 %

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)
=	(3449.802	+	5095.519	+	779.472)	-	(3130.495	+	0	+	6883.905)
=	-689.607

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3863.114	+	5396.096	+	884.53)	-	(3369.912	+	0	+	7477.697)
=	-703.869

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:

Kawasaki Heavy Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	87.821	/	4535.733
	=	1.94 %

Kawasaki Heavy Industries EBIT Related Terms

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

Kawasaki Heavy Industries (Kawasaki Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kawasaki Heavy Industries Ltd (OTCPK:KWHIY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KWHIF:USA 7012:Japan KHE:Germany

Address

Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, JPN, 650-8680

Website

http://www.khi.co.jp

Kawasaki Heavy Industries Ltd is a diversified industrial company serving land, sea, and air markets. It produces heavy machinery, including multiple land vehicles, large tankers, submarines, energy systems, and aerospace equipment. In addition, the company works to produce environmental plants, industrial plants, precision machinery, robots, and infrastructure equipment. One aspect of the company focuses on manufacturing motorcycles under its well-known Kawasaki brand. Another focus and revenue generator is the division geared towards manufacturing commercial aircraft and jet engines. Sales generated in Asia account for the majority of total revenue, but the company does have a presence in the Americas and Europe.