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Flight International Co (ROCO:6798) EBIT : NT$39.3 Mil (TTM As of Jun. 2024)


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What is Flight International Co EBIT?

Flight International Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$13.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$39.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flight International Co's annualized ROC % for the quarter that ended in Jun. 2024 was 10.49%. Flight International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 79.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flight International Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.35%.


Flight International Co EBIT Historical Data

The historical data trend for Flight International Co'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.

Flight International Co EBIT Chart

Flight International Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
4.01 -33.15 -27.49 -9.35 31.10

Flight International Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.06 25.71 5.36 25.73 13.53

Competitive Comparison of Flight International Co's EBIT

For the Advertising Agencies subindustry, Flight International Co'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.


Flight International Co's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Flight International Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Flight International Co's EV-to-EBIT falls into.



Flight International Co 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 NT$39.3 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.


Flight International Co  (ROCO:6798) EBIT Explanation

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

Flight International Co'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 )
=20.044 * ( 1 - 21.91% )/( (154.064 + 144.322)/ 2 )
=15.6523596/149.193
=10.49 %

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))
=502.03 - 143.71 - ( 204.256 - max(0, 180.639 - 420.902+204.256))
=154.064

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))
=529.488 - 148.695 - ( 239.284 - max(0, 213.688 - 450.159+239.284))
=144.322

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:

Flight International Co'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 )
=27.066/( ( (30.064 + max(-38.477, 0)) + (37.941 + max(-63.146, 0)) )/ 2 )
=27.066/( ( 30.064 + 37.941 )/ 2 )
=27.066/34.0025
=79.60 %

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)
=(119.551 + 0 + 11.667) - (143.71 + 0 + 25.985)
=-38.477

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(117.459 + 0 + 20.562) - (148.695 + 0 + 52.472)
=-63.146

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:

Flight International Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=39.264/733.259
=5.35 %

* 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.


Flight International Co EBIT Related Terms

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Flight International Co Business Description

Traded in Other Exchanges
N/A
Address
No.51,Dongxing Road, 11th Floor, Xinyi District, Taipei City, TWN, 110
Flight International Co Ltd is engaged in the planning and execution of sports events, sports brokerage, and general advertising services.

Flight International Co Headlines

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