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Tronox Holdings (Tronox Holdings) EBIT : $198 Mil (TTM As of Dec. 2023)


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What is Tronox Holdings EBIT?

Tronox Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $198 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tronox Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 1.05%. Tronox Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tronox Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.63%.


Tronox Holdings EBIT Historical Data

The historical data trend for Tronox 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.

Tronox Holdings EBIT Chart

Tronox Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.00 293.00 520.00 425.00 198.00

Tronox 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 6.00 67.00 91.00 36.00 4.00

Competitive Comparison of Tronox Holdings's EBIT

For the Chemicals subindustry, Tronox 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.


Tronox Holdings's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Holdings's EV-to-EBIT distribution charts can be found below:

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



Tronox 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 $198 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.


Tronox Holdings  (NYSE:TROX) EBIT Explanation

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

Tronox 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 )
=32 * ( 1 - -75% )/( (5333 + 5295)/ 2 )
=56/5314
=1.05 %

where

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

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

Tronox 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 )
=16/( ( (2556 + max(1303, 0)) + (2621 + max(1161, 0)) )/ 2 )
=16/( ( 3859 + 3782 )/ 2 )
=16/3820.5
=0.42 %

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)
=(286 + 1422 + 175) - (461 + 0 + 119)
=1303

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(290 + 1421 + 141) - (566 + 0 + 125)
=1161

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=198/5457.535
=3.63 %

* 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.


Tronox Holdings EBIT Related Terms

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Tronox Holdings (Tronox Holdings) Business Description

Traded in Other Exchanges
Address
263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.
Executives
Vanessa Ann Guthrie director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Stephen J Jones director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Mutlaq Hamad Al-morished director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Moazzam A. Khan director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Timothy C Carlson officer: Senior Vice President, CFO 263 TRESSER BOULEVARD, SUITE 1100, STAMFORD CT 06901
Jonathan Flood officer: Principal Accounting Officer 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Jean Francois Turgeon officer: Executive Vice President 263 TRESSER BOULEVARD, STAMFORD CT 06901
John D Romano officer: SVP, Chief Commercial Officer P. O. BOX 268859, OKLAHOMA CITY OK 73126
Jeffrey N Neuman officer: SVP, General Counsel & Sec. 115 TABOR ROAD, MORRIS PLAINS NJ 07950
John Srivisal officer: SVP, Business Dev. and Finance C/O TRONOX HOLDINGS PLC, 263 TRESSER BOULEVARD, SUITE 1100, STAMFORD CT 06901
Sipho Abednego Nkosi director EXXARO RESOURCES LTD, P.O. BOX 9229, PRETORIA T3 0001
Raoul Charles Mancini officer: SVP, Chief HR Officer 410 PARK AVE.; SUITE 1400, NEW YORK NY 10022
Ilan Kaufthal director 143 E LINDEN AVE, ENGLEWOOD NJ 07631
Wayne A Hinman director TRONOX LIMITED, ONE STAMFORD PLAZA, 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Jeffry N Quinn director 12935 NORTH FORTY DRIVE, SUITE 201, ST. LOUIS MO 63141

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