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Rabigh Refining & Petrochemical Co (SAU:2380) EBIT : ﷼-2,571 Mil (TTM As of Dec. 2024)


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What is Rabigh Refining & Petrochemical Co EBIT?

Rabigh Refining & Petrochemical Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ﷼-340 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ﷼-2,571 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rabigh Refining & Petrochemical Co's annualized ROC % for the quarter that ended in Dec. 2024 was -1.85%. Rabigh Refining & Petrochemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -2.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rabigh Refining & Petrochemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -5.94%.


Rabigh Refining & Petrochemical Co EBIT Historical Data

The historical data trend for Rabigh Refining & Petrochemical 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.

Rabigh Refining & Petrochemical Co EBIT Chart

Rabigh Refining & Petrochemical Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,247.43 3,375.64 236.16 -2,612.43 -2,571.32

Rabigh Refining & Petrochemical Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -814.59 -824.63 -527.43 -879.38 -339.88

Competitive Comparison of Rabigh Refining & Petrochemical Co's EBIT

For the Oil & Gas Refining & Marketing subindustry, Rabigh Refining & Petrochemical 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.


Rabigh Refining & Petrochemical Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rabigh Refining & Petrochemical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rabigh Refining & Petrochemical Co's EV-to-EBIT falls into.


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Rabigh Refining & Petrochemical 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-2,571 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.


Rabigh Refining & Petrochemical Co  (SAU:2380) EBIT Explanation

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

Rabigh Refining & Petrochemical Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-1076.796 * ( 1 - 3.13% )/( (59224.901 + 53342.592)/ 2 )
=-1043.0922852/56283.7465
=-1.85 %

where

Invested Capital(Q: Sep. 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))
=60472.143 - 11727.462 - ( 378.35 - max(0, 21389.682 - 10909.462+378.35))
=59224.901

Invested Capital(Q: Dec. 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))
=60236.567 - 17560.706 - ( 1429.039 - max(0, 21736.082 - 11069.351+1429.039))
=53342.592

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

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

Rabigh Refining & Petrochemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1359.536/( ( (48692.828 + max(-4392.684, 0)) + (48301.655 + max(-8132.634, 0)) )/ 2 )
=-1359.536/( ( 48692.828 + 48301.655 )/ 2 )
=-1359.536/48497.2415
=-2.80 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4727.865 + 4095.854 + 0) - (11727.462 + 0 + 1488.941)
=-4392.684

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3482.958 + 3818.239 + 2285.883) - (17560.706 + 0 + 159.008)
=-8132.634

When net working capital is negative, 0 is used.

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

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

Rabigh Refining & Petrochemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-2571.315/43271.338
=-5.94 %

* 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.


Rabigh Refining & Petrochemical Co EBIT Related Terms

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Rabigh Refining & Petrochemical Co Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 101, Rabigh, SAU, 21911
Rabigh Refining & Petrochemical Co is engaged in the development, construction, and operation of an integrated petroleum refining and petrochemical complex. The company's operating segment include Refined Products and Petrochemicals. It generates maximum revenue from the Refined products segment.

Rabigh Refining & Petrochemical Co Headlines

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