Bowen Coking Coal (ASX:BCB) EBIT: A$18.4 Mil (TTM As of Dec. 2024)


What is Bowen Coking Coal EBIT?

Bowen Coking Coal ASX:BCB EBIT is A$18.4 Mil as of Dec. 2024.

Bowen Coking Coal's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$23.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$18.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bowen Coking Coal's annualized ROC % for the quarter that ended in Dec. 2024 was 6.36%. Bowen Coking Coal's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 26.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bowen Coking Coal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 21.96%.


Bowen Coking Coal  (ASX:BCB) EBIT Explanation

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

Bowen Coking Coal's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=18.882 * ( 1 - 0% )/( (311.056 + 282.999)/ 2 )
=18.882/297.0275
=6.36 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=359.721 - 93.662 - ( 54.404 - max(0, 123.256 - 106.316+54.404))
=282.999

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

Bowen Coking Coal's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=46.178/( ( (181.266 + max(-65.26, 0)) + (172.996 + max(-42.552, 0)) )/ 2 )
=46.178/( ( 181.266 + 172.996 )/ 2 )
=46.178/177.131
=26.07 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 27.023 + 5.021) - (96.329 + 0 + 0.97499999999999)
=-65.26

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.446 + 17.466 + 0) - (93.662 + 0 + 0.80199999999999)
=-42.552

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

Bowen Coking Coal's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=18.426/83.902
=21.96 %

* 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.


Bowen Coking Coal EBIT Related Terms


Bowen Coking Coal EBIT Historical Data

* Premium members only.

The historical data trend for Bowen Coking Coal'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.

Bowen Coking Coal EBIT Chart

Bowen Coking Coal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.18 -3.22 -17.59 -137.89 -49.13

Bowen Coking Coal Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -51.04 -86.85 -44.47 -4.66 23.09

ASX:BCB vs HCC, AMR, METC: EBIT Comparison

For the Coking Coal subindustry, Bowen Coking Coal'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.


Bowen Coking Coal EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Bowen Coking Coal's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bowen Coking Coal's EV-to-EBIT falls into.



Bowen Coking Coal 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$18.4 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$18.4 Mil mean?
Bowen Coking Coal (ASX:BCB) has a EBIT of A$18.4 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bowen Coking Coal.
Is Bowen Coking Coal's EBIT too high?
Bowen Coking Coal's current EBIT is A$18.4 Mil.
How does Bowen Coking Coal's EBIT compare to HCC and AMR?
Bowen Coking Coal's EBIT of A$18.4 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Steel company?
A good EBIT depends on the Steel industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bowen Coking Coal. Bowen Coking Coal's current EBIT is A$18.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowen Coking Coal stock overvalued right now?
Bowen Coking Coal (ASX:BCB) has a current EBIT of A$18.4 Mil. The current EBIT is A$18.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Bowen Coking Coal (ASX:BCB), the current EBIT is A$18.4 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bowen Coking Coal Business Description

Address 167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.