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Toho Zinc Co (Toho Zinc Co) EBIT : $-299.8 Mil (TTM As of Dec. 2023)


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What is Toho Zinc Co EBIT?

Toho Zinc Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-22.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-299.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toho Zinc Co's annualized ROC % for the quarter that ended in Dec. 2023 was -2.70%. Toho Zinc Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -16.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toho Zinc Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -63.24%.


Toho Zinc Co EBIT Historical Data

The historical data trend for Toho Zinc Co'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.

Toho Zinc Co EBIT Chart

Toho Zinc Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -162.08 70.06 82.75 14.26 -295.85

Toho Zinc Co 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 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 -28.19 -17.72 -154.25 -22.57 -105.22

Competitive Comparison of Toho Zinc Co's EBIT

For the Other Industrial Metals & Mining subindustry, Toho Zinc Co'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.


Toho Zinc Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Zinc Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Toho Zinc Co's EV-to-EBIT falls into.



Toho Zinc Co 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 $-299.8 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.


Toho Zinc Co  (OTCPK:TOHZF) EBIT Explanation

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

Toho Zinc Co'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 )
=-15.336 * ( 1 - -28.99% )/( (763.069 + 701.874)/ 2 )
=-19.7819064/732.4715
=-2.70 %

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))
=795.387 - 51.729 - ( 76.808 - max(0, 449.467 - 491.251+76.808))
=701.874

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

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

Toho Zinc Co'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 )
=-90.288/( ( (211.857 + max(350.178, 0)) + (215.125 + max(318.042, 0)) )/ 2 )
=-90.288/( ( 562.035 + 533.167 )/ 2 )
=-90.288/547.601
=-16.49 %

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)
=(105.996 + 332.565 + 32.345) - (72.245 + 0 + 48.483)
=350.178

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(107.833 + 268.597 + 31.574) - (51.729 + 0 + 38.233)
=318.042

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:

Toho Zinc Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-299.763/474.002
=-63.24 %

* 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.


Toho Zinc Co EBIT Related Terms

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Toho Zinc Co (Toho Zinc Co) Business Description

Traded in Other Exchanges
Address
1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-8207
Toho Zinc Co Ltd is engaged in smelting and refining of non-ferrous metals and supplier of zinc products. Its products portfolio consists of zinc powder, Cadmium Oxide, Sulfuric Acid, Electrolytic Zinc, and Zinc Alloys for Die Casting. The company's segments include Smelting, Mineral resources, Electronic components, and Environment and recycling. The majority of the company's revenue is derived from sale and production of zinc and lead products, electric silver and sulfuric acid. The company operates in Japan, Asia, and Oceania.

Toho Zinc Co (Toho Zinc Co) Headlines

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