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Saudi Aramco Base Oil Co - Luberef (SAU:2223) EBIT : ﷼1,496 Mil (TTM As of Mar. 2024)


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What is Saudi Aramco Base Oil Co - Luberef EBIT?

Saudi Aramco Base Oil Co - Luberef's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼280 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼1,496 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saudi Aramco Base Oil Co - Luberef's annualized ROC % for the quarter that ended in Mar. 2024 was 15.54%. Saudi Aramco Base Oil Co - Luberef's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saudi Aramco Base Oil Co - Luberef's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.44%.


Saudi Aramco Base Oil Co - Luberef EBIT Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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.

Saudi Aramco Base Oil Co - Luberef EBIT Chart

Saudi Aramco Base Oil Co - Luberef Annual Data
Trend Dec21 Dec22 Dec23
EBIT
1,760.61 2,206.01 1,720.99

Saudi Aramco Base Oil Co - Luberef Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 504.92 512.00 390.47 313.60 279.78

Competitive Comparison of Saudi Aramco Base Oil Co - Luberef's EBIT

For the Oil & Gas Refining & Marketing subindustry, Saudi Aramco Base Oil Co - Luberef'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.


Saudi Aramco Base Oil Co - Luberef's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saudi Aramco Base Oil Co - Luberef's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Saudi Aramco Base Oil Co - Luberef's EV-to-EBIT falls into.



Saudi Aramco Base Oil Co - Luberef 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 ﷼1,496 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.


Saudi Aramco Base Oil Co - Luberef  (SAU:2223) EBIT Explanation

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

Saudi Aramco Base Oil Co - Luberef'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 )
=988.44 * ( 1 - 2.52% )/( (7051.776 + 5346.226)/ 2 )
=963.531312/6199.001
=15.54 %

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))
=8856.47 - 1258.734 - ( 545.96 - max(0, 1701.305 - 3885.41+545.96))
=7051.776

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))
=8296.04 - 2161.697 - ( 878.228 - max(0, 2580.689 - 3368.806+878.228))
=5346.226

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

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

Saudi Aramco Base Oil Co - Luberef'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 )
=1119.128/( ( (4937.729 + max(1853.827, 0)) + (4889.101 + max(34.638, 0)) )/ 2 )
=1119.128/( ( 6791.556 + 4923.739 )/ 2 )
=1119.128/5857.6475
=19.11 %

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)
=(1053.83 + 622.965 + 1657.555) - (1258.734 + 0 + 221.789)
=1853.827

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1161.538 + 863.262 + 465.778) - (2161.697 + 0 + 294.243)
=34.638

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:

Saudi Aramco Base Oil Co - Luberef's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1495.854/23229.207
=6.44 %

* 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.


Saudi Aramco Base Oil Co - Luberef EBIT Related Terms

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Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Traded in Other Exchanges
N/A
Address
Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432
Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Headlines

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