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Ecology and Combustion (NGO:6225) EBIT : 円309 Mil (TTM As of Jul. 2024)


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What is Ecology and Combustion EBIT?

Ecology and Combustion's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was 円206 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was 円309 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ecology and Combustion's annualized ROC % for the quarter that ended in Jul. 2024 was 27.53%. Ecology and Combustion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 44.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ecology and Combustion's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 31.68%.


Ecology and Combustion EBIT Historical Data

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion EBIT Chart

Ecology and Combustion Annual Data
Trend Jul22 Jul23 Jul24
EBIT
157.38 391.20 309.35

Ecology and Combustion Quarterly Data
Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
EBIT Get a 7-Day Free Trial Premium Member Only 76.28 2.23 77.90 23.29 205.92

Competitive Comparison of Ecology and Combustion's EBIT

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.


Ecology and Combustion's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecology and Combustion's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ecology and Combustion's EV-to-EBIT falls into.



Ecology and Combustion 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円309 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.


Ecology and Combustion  (NGO:6225) EBIT Explanation

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

Ecology and Combustion's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=819.4 * ( 1 - 31.46% )/( (1997.774 + 2081.978)/ 2 )
=561.61676/2039.876
=27.53 %

where

Invested Capital(Q: Apr. 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))
=3758.572 - 252.304 - ( 1508.494 - max(0, 470.403 - 2461.987+1508.494))
=1997.774

Invested Capital(Q: Jul. 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))
=4040.455 - 477.219 - ( 1481.258 - max(0, 609.099 - 2759.976+1481.258))
=2081.978

Note: The Operating Income data used here is four times the quarterly (Jul. 2024) data.

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

Ecology and Combustion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=823.696/( ( (1224.536 + max(525.954, 0)) + (1208.391 + max(712.483, 0)) )/ 2 )
=823.696/( ( 1750.49 + 1920.874 )/ 2 )
=823.696/1835.682
=44.87 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(363.223 + 557.471 + 32.799) - (252.304 + 0 + 175.235)
=525.954

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(962.172 + 301.606 + 14.94) - (477.219 + 0 + 89.016)
=712.483

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2024) EBIT data.

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

Ecology and Combustion's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=309.348/976.407
=31.68 %

* 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.


Ecology and Combustion EBIT Related Terms

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Ecology and Combustion Business Description

Traded in Other Exchanges
N/A
Address
4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103
Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion Headlines

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