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Total Energies Marketing Maroc (CAS:TMA) EBIT : MAD912 Mil (TTM As of Jun. 2024)


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What is Total Energies Marketing Maroc EBIT?

Total Energies Marketing Maroc's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was MAD661 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was MAD912 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Total Energies Marketing Maroc's annualized ROC % for the quarter that ended in Jun. 2024 was 17.94%. Total Energies Marketing Maroc's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 48.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Total Energies Marketing Maroc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.54%.


Total Energies Marketing Maroc EBIT Historical Data

The historical data trend for Total Energies Marketing Maroc'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.

Total Energies Marketing Maroc EBIT Chart

Total Energies Marketing Maroc 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 860.57 758.13 1,334.57 676.70 415.05

Total Energies Marketing Maroc Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 500.40 176.31 164.32 250.73 660.85

Competitive Comparison of Total Energies Marketing Maroc's EBIT

For the Oil & Gas Refining & Marketing subindustry, Total Energies Marketing Maroc'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.


Total Energies Marketing Maroc's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Total Energies Marketing Maroc's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Total Energies Marketing Maroc's EV-to-EBIT falls into.



Total Energies Marketing Maroc 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD912 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.


Total Energies Marketing Maroc  (CAS:TMA) EBIT Explanation

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

Total Energies Marketing Maroc's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=1208.634 * ( 1 - 39.98% )/( (4060.229 + 4027.672)/ 2 )
=725.4221268/4043.9505
=17.94 %

where

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))
=9273.203 - 5375.229 - ( 1487.425 - max(0, 6285.839 - 6123.584+1487.425))
=4060.229

Invested Capital(Q: Jun. 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))
=8720.38 - 4857.521 - ( 1371.426 - max(0, 5758.827 - 5594.014+1371.426))
=4027.672

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

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

Total Energies Marketing Maroc's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1321.708/( ( (2724.619 + max(-1664.155, 0)) + (2737.739 + max(-2093.21, 0)) )/ 2 )
=1321.708/( ( 2724.619 + 2737.739 )/ 2 )
=1321.708/2731.179
=48.39 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1759.447 + 2024.477 + 0) - (5375.229 + 0 + 72.849999999999)
=-1664.155

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1773.014 + 1892.603 + 9.0949470177293E-13) - (4857.521 + 0 + 901.306)
=-2093.21

When net working capital is negative, 0 is used.

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

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

Total Energies Marketing Maroc's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=911.586/10670.854
=8.54 %

* 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.


Total Energies Marketing Maroc EBIT Related Terms

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Total Energies Marketing Maroc Business Description

Traded in Other Exchanges
N/A
Address
146, boulevard Zerktouni, Casablanca, MAR, 20000
Total Energies Marketing Maroc is an international oil and gas company. It is engaged in trade of oil, shale and their derivatives, greasy substances, simple or compound of mineral or organic origin, essential oils and all by-products of the materials. It engages in research, exploitation of oil fields, the acquisition of interests in existing companies, the purchase and sale of crude oil and finished products, and all industrial, mining, commercial, financial and real estate development.

Total Energies Marketing Maroc Headlines

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