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Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) EBIT

: $2,932 Mil (TTM As of Dec. 2023)
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Sociedad Quimica Y Minera De Chile's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $320 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $2,932 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sociedad Quimica Y Minera De Chile's annualized ROC % for the quarter that ended in Dec. 2023 was 12.11%. Sociedad Quimica Y Minera De Chile's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sociedad Quimica Y Minera De Chile's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.27%.


Sociedad Quimica Y Minera De Chile EBIT Historical Data

The historical data trend for Sociedad Quimica Y Minera De Chile'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.

Sociedad Quimica Y Minera De Chile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 462.12 323.68 923.26 5,576.56 2,932.41

Sociedad Quimica Y Minera De Chile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT 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 Premium Member Only Premium Member Only Premium Member Only 1,629.09 1,056.98 824.94 730.09 320.40

Competitive Comparison

For the Specialty Chemicals subindustry, Sociedad Quimica Y Minera De Chile'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.


Sociedad Quimica Y Minera De Chile EV-to-EBIT Distribution

For the Chemicals industry and Basic Materials sector, Sociedad Quimica Y Minera De Chile's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sociedad Quimica Y Minera De Chile's EV-to-EBIT falls into.



Sociedad Quimica Y Minera De Chile 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 $2,932 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.


Sociedad Quimica Y Minera De Chile  (NYSE:SQM) EBIT Explanation

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

Sociedad Quimica Y Minera De Chile'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 )
=1312.904 * ( 1 - 24.82% )/( (7537.202 + 8761.141)/ 2 )
=987.0412272/8149.1715
=12.11 %

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))
=10970.555 - 745.663 - ( 2687.69 - max(0, 2729.81 - 6232.395+2687.69))
=7537.202

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))
=11705.57 - 586.263 - ( 2358.166 - max(0, 2351.133 - 5866.141+2358.166))
=8761.141

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

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

Sociedad Quimica Y Minera De Chile'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 )
=1281.588/( ( (3597.279 + max(1903.102, 0)) + (3818.054 + max(2324.879, 0)) )/ 2 )
=1281.588/( ( 5500.381 + 6142.933 )/ 2 )
=1281.588/5821.657
=22.01 %

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)
=(905.01 + 1868.087 + 707.977) - (745.663 + 0 + 832.309)
=1903.102

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(784.422 + 1774.594 + 887.543) - (586.263 + 0 + 535.417)
=2324.879

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:

Sociedad Quimica Y Minera De Chile's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2932.413/15218.324
=19.27 %

* 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.


Sociedad Quimica Y Minera De Chile EBIT Related Terms

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Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Business Description

Traded in Other Exchanges
Address
El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111