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Exxaro Resources (Exxaro Resources) EBIT : $1,029 Mil (TTM As of Dec. 2023)


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What is Exxaro Resources EBIT?

Exxaro Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $486 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,029 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Exxaro Resources's annualized ROC % for the quarter that ended in Dec. 2023 was 8.73%. Exxaro Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 46.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Exxaro Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 55.27%.


Exxaro Resources EBIT Historical Data

The historical data trend for Exxaro Resources'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.

Exxaro Resources EBIT Chart

Exxaro Resources 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 654.96 715.17 1,096.24 1,347.05 1,032.48

Exxaro Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 486.74 853.97 565.51 543.51 485.70

Competitive Comparison of Exxaro Resources's EBIT

For the Thermal Coal subindustry, Exxaro Resources'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.


Exxaro Resources's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Exxaro Resources's EV-to-EBIT distribution charts can be found below:

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



Exxaro Resources 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 semi-annually data reported by the company within the most recent 12 months, which was $1,029 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.


Exxaro Resources  (OTCPK:EXXAF) EBIT Explanation

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

Exxaro Resources'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=383.518 * ( 1 - 16.21% )/( (3651.146 + 3713.291)/ 2 )
=321.3497322/3682.2185
=8.73 %

where

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))
=4715.548 - 177.916 - ( 886.486 - max(0, 306.645 - 1253.628+886.486))
=3651.146

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))
=4983.363 - 204.263 - ( 1065.809 - max(0, 333.874 - 1433.011+1065.809))
=3713.291

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

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

Exxaro Resources'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=971.406/( ( (1986.311 + max(118.912, 0)) + (2014.405 + max(100.843, 0)) )/ 2 )
=971.406/( ( 2105.223 + 2115.248 )/ 2 )
=971.406/2110.2355
=46.03 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(221.021 + 105.843 + 14.03) - (177.916 + 0 + 44.066)
=118.912

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(205.498 + 121.828 + 27.21) - (204.263 + 0 + 49.43)
=100.843

When net working capital is negative, 0 is used.

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

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

Exxaro Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1029.214/1862.177
=55.27 %

* 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.


Exxaro Resources EBIT Related Terms

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Exxaro Resources (Exxaro Resources) Business Description

Traded in Other Exchanges
Address
263B West Avenue, Die Hoewes, The conneXXion, Centurion, GT, ZAF, 0163
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company has five operating segments: Coal, Ferrous, TiO2, Energy, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal. Commercial Waterberg comprising mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom. Its geographical segments are RSA, Europe, Asia, and others, out of which the majority are from the RSA ( Republic of South Africa).

Exxaro Resources (Exxaro Resources) Headlines

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