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Resonac Holdings (Resonac Holdings) EBIT : $-99 Mil (TTM As of Dec. 2023)


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What is Resonac Holdings EBIT?

Resonac Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-211 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Resonac Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 0.05%. Resonac Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Resonac Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.00%.


Resonac Holdings EBIT Historical Data

The historical data trend for Resonac 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.

Resonac Holdings EBIT Chart

Resonac Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 917.85 -590.34 289.30 494.31 -89.00

Resonac Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.23 -85.69 22.02 175.63 -211.41

Competitive Comparison of Resonac Holdings's EBIT

For the Chemicals subindustry, Resonac 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.


Resonac Holdings's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Resonac Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Resonac Holdings's EV-to-EBIT falls into.



Resonac 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 quarterly data reported by the company within the most recent 12 months, which was $-99 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.


Resonac Holdings  (OTCPK:SHWDY) EBIT Explanation

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

Resonac 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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=15.196 * ( 1 - 61.95% )/( (11468.903 + 11558.846)/ 2 )
=5.782078/11513.8745
=0.05 %

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))
=14196.598 - 1203.443 - ( 1524.252 - max(0, 2852.312 - 5378.268+1524.252))
=11468.903

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))
=14112.598 - 1231.929 - ( 1321.823 - max(0, 3207.919 - 5222.351+1321.823))
=11558.846

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

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

Resonac 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-845.636/( ( (4715.269 + max(1608.962, 0)) + (4713.008 + max(1568.006, 0)) )/ 2 )
=-845.636/( ( 6324.231 + 6281.014 )/ 2 )
=-845.636/6302.6225
=-13.42 %

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)
=(1769.894 + 1681.132 + 402.99) - (1203.443 + 0 + 1041.611)
=1608.962

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1848.307 + 1564.041 + 488.18) - (1231.929 + 0 + 1100.593)
=1568.006

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:

Resonac Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-99.449/9910.678
=-1.00 %

* 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.


Resonac Holdings EBIT Related Terms

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Resonac Holdings (Resonac Holdings) Business Description

Traded in Other Exchanges
Address
1-13-9 Shibadaimon, Minato-ku, Tokyo, JPN, 105-8518
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The firm organizes itself into four segments, which are the Semiconductor and Electronic materials segment, the Mobility segment, the Chemicals segment, and the Innovations Enabling segment. Geographically the company derives sales from Japan, China, Asia excluding Japan and China, and the rest of the world. The majority of sales are derived from Japan.

Resonac Holdings (Resonac Holdings) Headlines