SYLA Technologies Co (SYLA Technologies Co) EBIT : $8.9 Mil (TTM As of Jun. 2023)

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What is SYLA Technologies Co EBIT?

SYLA Technologies Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $3.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $8.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SYLA Technologies Co's annualized ROC % for the quarter that ended in Jun. 2023 was 2.04%. SYLA Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 3.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SYLA Technologies Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.08%.

SYLA Technologies Co EBIT Historical Data

The historical data trend for SYLA Technologies 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.

SYLA Technologies Co EBIT Chart

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

8.56

5.99

5.77

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial			0.62	5.40	-0.09	5.86	3.08

Competitive Comparison of SYLA Technologies Co's EBIT

For the Software - Application subindustry, SYLA Technologies 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.

SYLA Technologies Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, SYLA Technologies Co's EV-to-EBIT distribution charts can be found below:

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

SYLA Technologies 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $8.9 Mil.

SYLA Technologies Co (NAS:SYT) EBIT Explanation

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

SYLA Technologies Co's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	6.15 * ( 1 - 33.33% )	/	( (191.991	+	210.49)	/ 2 )
=	4.100205	/	201.2405
=	2.04 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	220.828	-	8.803	-	( 20.034	-	max(0, 38.042	-	105.993	+	20.034	))
=	191.991

	Invested Capital		(Q: Jun. 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	))
=	242.338	-	5.633	-	( 26.215	-	max(0, 32.693	-	132.915	+	26.215	))
=	210.49

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

SYLA Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	6.15	/	( ( (97.85 + max(64.87, 0))	+	(91.162 + max(92.921, 0)) )	/	2 )
=	6.15	/	( ( 162.72	+	184.083 )	/	2 )
=	6.15	/	173.4015
=	3.55 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.502	+	77.954	+	7.503)	-	(8.803	+	4.892	+	7.394)
=	64.87

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.664	+	97.885	+	8.151)	-	(5.633	+	0.452	+	7.694)
=	92.921

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	8.934	/	219.056
	=	4.08 %

SYLA Technologies Co EBIT Related Terms

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SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.