Alliance Resource Partners LP (Alliance Resource Partners LP) EBIT : $643 Mil (TTM As of Mar. 2024)

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What is Alliance Resource Partners LP EBIT?

Alliance Resource Partners LP's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $172 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $643 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alliance Resource Partners LP's annualized ROC % for the quarter that ended in Mar. 2024 was 23.77%. Alliance Resource Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 29.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alliance Resource Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.39%.

Alliance Resource Partners LP EBIT Historical Data

The historical data trend for Alliance Resource Partners LP'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.

Alliance Resource Partners LP EBIT Chart

Alliance Resource Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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452.59

-83.40

223.02

679.47

680.54

Alliance Resource Partners LP 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															209.60	184.74	166.49	119.72	172.27

Competitive Comparison of Alliance Resource Partners LP's EBIT

For the Thermal Coal subindustry, Alliance Resource Partners LP'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.

Alliance Resource Partners LP's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Alliance Resource Partners LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alliance Resource Partners LP's EV-to-EBIT falls into.

Alliance Resource Partners LP 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 $643 Mil.

Alliance Resource Partners LP (NAS:ARLP) EBIT Explanation

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

Alliance Resource Partners LP'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 )
=	641.18 * ( 1 - 3.01% )	/	( (2565.895	+	2666.495)	/ 2 )
=	621.880482	/	2616.195
=	23.77 %

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	))
=	2788.426	-	162.718	-	( 59.813	-	max(0, 227.467	-	516.121	+	59.813	))
=	2565.895

	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	))
=	2965.787	-	165.335	-	( 133.957	-	max(0, 303.965	-	630.942	+	133.957	))
=	2666.495

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

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

Alliance Resource Partners LP'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 )
=	689.06	/	( ( (2039.232 + max(239.501, 0))	+	(2096.016 + max(260.234, 0)) )	/	2 )
=	689.06	/	( ( 2278.733	+	2356.25 )	/	2 )
=	689.06	/	2317.4915
=	29.73 %

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)
=	(282.622	+	127.556	+	36.452)	-	(162.718	+	0	+	44.411)
=	239.501

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(272.191	+	162.197	+	53.389)	-	(165.335	+	0	+	62.208)
=	260.234

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:

Alliance Resource Partners LP's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	643.211	/	3155.025
	=	20.39 %

Alliance Resource Partners LP EBIT Related Terms

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Alliance Resource Partners LP (Alliance Resource Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Alliance Resource Partners LP (NAS:ARLP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1717 South Boulder Avenue, Suite 400, Tulsa, OK, USA, 74119

Website

https://www.arlp.com

Alliance Resource Partners LP operates as a coal mining company based in the United States. It has four segments Illinois Basin, Appalachia, Oil & Gas Royalties and Coal Royalties. The Illinois Basin comprises underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia . The Appalachia segment comprises the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Oil & Gas Royalties has oil & gas mineral interests held by AR Midland and AllDale I & II and includes Alliance Minerals' equity interests in both AllDale III and Cavalier Minerals. The Coal Royalties has includes coal mineral reserves and resources owned or leased by Alliance Resource Properties.

Executives

Kathleen S. Craft	10 percent owner	2502 E. 45TH ST., TULSA OK 74105
Craft Joseph W Iii	director, 10 percent owner, officer: President and Chief Executive	PO BOX 22027, TULSA OK 74121-2027
D Andrew Woodward	officer: Senior VP, New Ventures	C/O ANDX, FINDLAY OH 45840
Megan J Cordle	officer: VP, Controller and CAO	P.O. BOX 22027, TULSA OK 74121
John H Robinson	director	1 WATERHOUSE SQU, 5TH FL. 138-142 HOLBORN, LONDON X0 EC1N 2ST
Robert J Fouch	officer: Vice President and Controller	1717 S. BOULDER, SUITE 400, TULSA OK 74119
Kirk Tholen	officer: Sr VP, Chief Strategic Officer	1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Robert J Druten	director	6503 SENECA ROAD, MISSION HILLS KS 66208
Wilson M Torrence	director	1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Nick Carter	director
Timothy J Whelan	officer: Senior Vice President Sales	1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119
John P Neafsey	director	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Alliance Resource Management Gp, Llc	10 percent owner	1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119
Alliance Holdings Gp, L.p.	director, 10 percent owner	P.O. BOX 22027, TULSA OK 74121
Mgp Ii, Llc	director, 10 percent owner	1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119