GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical Care Service Company Inc. (NGO:2494) » Definitions » EBIT

Medical Care Service Company (NGO:2494) EBIT : 円739 Mil (TTM As of Feb. 2013)


View and export this data going back to . Start your Free Trial

What is Medical Care Service Company EBIT?

Medical Care Service Company's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2013 was 円102 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2013 was 円739 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Medical Care Service Company's annualized ROC % for the quarter that ended in Feb. 2013 was 2.95%. Medical Care Service Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2013 was 33.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Medical Care Service Company's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2013 was 18.17%.

Medical Care Service Company EBIT Historical Data

The historical data trend for Medical Care Service Company'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.

Medical Care Service Company EBIT Chart

Medical Care Service Company Annual Data
Trend Aug09 Aug10 Aug11
EBIT
471.03 830.70 908.50

Medical Care Service Company Quarterly Data
Aug10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.82 304.99 154.66 177.65 101.91

Competitive Comparison of Medical Care Service Company's EBIT

For the Medical Care Facilities subindustry, Medical Care Service Company'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.

Medical Care Service Company's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical Care Service Company's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Medical Care Service Company's EV-to-EBIT falls into.


Medical Care Service Company 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 Feb. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was 円739 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.

Medical Care Service Company  (NGO:2494) EBIT Explanation

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

Medical Care Service Company's annualized ROC % for the quarter that ended in Feb. 2013 is calculated as:

ROC % (Q: Feb. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2012 ) + Invested Capital (Q: Feb. 2013 ))/ count )
=407.632 * ( 1 - 57.59% )/( (5879.968 + 5832.379)/ 2 )
=172.8767312/5856.1735
=2.95 %

where

Invested Capital(Q: Nov. 2012 )
=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))
=7141.927 - 117.375 - ( 1144.584 - max(0, 2318.941 - 4083.143+1144.584))
=5879.968

Invested Capital(Q: Feb. 2013 )
=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))
=6996.024 - 111.663 - ( 1051.982 - max(0, 2249.017 - 3946.641+1051.982))
=5832.379

Note: The Operating Income data used here is four times the quarterly (Feb. 2013) data.

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

Medical Care Service Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2012  Q: Feb. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=407.632/( ( (1221.89 + max(-879.748, 0)) + (1211.713 + max(-842.378, 0)) )/ 2 )
=407.632/( ( 1221.89 + 1211.713 )/ 2 )
=407.632/1216.8015
=33.50 %

where Working Capital is:

Working Capital(Q: Nov. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 44.819 + 504.838) - (117.375 + 0 + 1312.03)
=-879.748

Working Capital(Q: Feb. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 42.333 + 497.466) - (111.663 + 0 + 1270.514)
=-842.378

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2013) EBIT data.

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

Medical Care Service Company's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2013 )
=739.206/4068.410
=18.17 %

* 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.

Medical Care Service Company EBIT Related Terms

Thank you for viewing the detailed overview of Medical Care Service Company's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Medical Care Service Company (NGO:2494) Headlines

No Headlines