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Nisshinbo Holdings (Nisshinbo Holdings) EBIT : $-105 Mil (TTM As of Dec. 2023)


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What is Nisshinbo Holdings EBIT?

Nisshinbo Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-105 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nisshinbo Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 0.37%. Nisshinbo Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nisshinbo Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.05%.


Nisshinbo Holdings EBIT Historical Data

The historical data trend for Nisshinbo 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.

Nisshinbo Holdings EBIT Chart

Nisshinbo Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.31 203.93 211.19 203.37 -119.99

Nisshinbo 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 36.00 120.74 9.61 -232.40 -2.88

Competitive Comparison of Nisshinbo Holdings's EBIT

For the Conglomerates subindustry, Nisshinbo 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.


Nisshinbo Holdings's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's EV-to-EBIT distribution charts can be found below:

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



Nisshinbo 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 $-105 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.


Nisshinbo Holdings  (OTCPK:NSHBY) EBIT Explanation

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

Nisshinbo 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 )
=46.756 * ( 1 - 69.45% )/( (3630.403 + 4005.993)/ 2 )
=14.283958/3818.198
=0.37 %

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))
=4316.182 - 340.471 - ( 345.308 - max(0, 1689.689 - 2373.141+345.308))
=3630.403

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))
=4668.773 - 298.136 - ( 364.644 - max(0, 1721.096 - 2545.598+364.644))
=4005.993

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

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

Nisshinbo 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 )
=-11.5/( ( (1079.056 + max(855.503, 0)) + (1150.696 + max(1343.909, 0)) )/ 2 )
=-11.5/( ( 1934.559 + 2494.605 )/ 2 )
=-11.5/2214.582
=-0.52 %

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)
=(706.328 + 1125.178 + 196.327) - (340.471 + 0 + 831.859)
=855.503

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(796.026 + 1180.034 + 204.894) - (298.136 + 0 + 538.909)
=1343.909

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-104.925/2587.620
=-4.05 %

* 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.


Nisshinbo Holdings EBIT Related Terms

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Nisshinbo Holdings (Nisshinbo Holdings) Business Description

Traded in Other Exchanges
Address
2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.

Nisshinbo Holdings (Nisshinbo Holdings) Headlines