Harbor Star Shipping Services, (PHS:TUGS) EBIT : ₱276 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Harbor Star Shipping Services, EBIT?

Harbor Star Shipping Services,'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₱47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₱276 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harbor Star Shipping Services,'s annualized ROC % for the quarter that ended in Mar. 2024 was 3.22%. Harbor Star Shipping Services,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harbor Star Shipping Services,'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.20%.

Harbor Star Shipping Services, EBIT Historical Data

The historical data trend for Harbor Star Shipping Services,'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.

Harbor Star Shipping Services, EBIT Chart

Harbor Star Shipping Services, Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-142.93

188.25

123.53

279.12

349.16

Harbor Star Shipping Services, Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															119.53	155.09	76.66	-2.07	46.76

Competitive Comparison of Harbor Star Shipping Services,'s EBIT

For the Marine Shipping subindustry, Harbor Star Shipping Services,'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.

Harbor Star Shipping Services,'s EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Harbor Star Shipping Services,'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Harbor Star Shipping Services,'s EV-to-EBIT falls into.

Harbor Star Shipping Services, 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱276 Mil.

Harbor Star Shipping Services, (PHS:TUGS) EBIT Explanation

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

Harbor Star Shipping Services,'s annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	183.136 * ( 1 - -8.87% )	/	( (6061.748	+	6329.955)	/ 2 )
=	199.3801632	/	6195.8515
=	3.22 %

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	))
=	7133.402	-	786.464	-	( 285.19	-	max(0, 1303.77	-	1990.45	+	285.19	))
=	6061.748

	Invested Capital		(Q: Mar. 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	))
=	7094.556	-	508.014	-	( 256.587	-	max(0, 1281.319	-	2005.878	+	256.587	))
=	6329.955

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

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

Harbor Star Shipping Services,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	187.044	/	( ( (4599.693 + max(615.817, 0))	+	(4541.619 + max(633.371, 0)) )	/	2 )
=	187.044	/	( ( 5215.51	+	5174.99 )	/	2 )
=	187.044	/	5195.25
=	3.60 %

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)
=	(1038.966	+	0	+	613.765)	-	(786.464	+	0	+	250.45)
=	615.817

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1107.78	+	0	+	588.173)	-	(508.014	+	0	+	554.568)
=	633.371

When net working capital is negative, 0 is used.

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

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

Harbor Star Shipping Services,'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	276.437	/	3840.617
	=	7.20 %

Harbor Star Shipping Services, EBIT Related Terms

Thank you for viewing the detailed overview of Harbor Star Shipping Services,'s EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Harbor Star Shipping Services, (PHS:TUGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Harbor Star Shipping Services, Inc (PHS:TUGS) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

2224 A. Bonifacio Street, Corner Pres. Sergio Osmena Highway, Bangkal, Makati, PHL, 1233

Website

https://www.harborstar.com.ph

Harbor Star Shipping Services, Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemical, ship and crew management, diving and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management.

Harbor Star Shipping Services, (PHS:TUGS) Headlines

No Headlines