GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hokkaido Chuo Bus Co Ltd (SSE:9085) » Definitions » EBIT

Hokkaido Chuo Bus Co (SSE:9085) EBIT : 円1,043 Mil (TTM As of Dec. 2023)


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

What is Hokkaido Chuo Bus Co EBIT?

Hokkaido Chuo Bus Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円292 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,043 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hokkaido Chuo Bus Co's annualized ROC % for the quarter that ended in Dec. 2023 was 4.70%. Hokkaido Chuo Bus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hokkaido Chuo Bus Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,653.18%.


Hokkaido Chuo Bus Co EBIT Historical Data

The historical data trend for Hokkaido Chuo Bus 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.

Hokkaido Chuo Bus Co EBIT Chart

Hokkaido Chuo Bus Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial 614.47 632.51 -1,546.73 -1,898.56 953.59

Hokkaido Chuo Bus Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 780.43 1,052.74 -536.24 234.97 291.59

Competitive Comparison of Hokkaido Chuo Bus Co's EBIT

For the Travel Services subindustry, Hokkaido Chuo Bus 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.


Hokkaido Chuo Bus Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hokkaido Chuo Bus Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hokkaido Chuo Bus Co's EV-to-EBIT falls into.



Hokkaido Chuo Bus 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,043 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.


Hokkaido Chuo Bus Co  (SSE:9085) EBIT Explanation

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

Hokkaido Chuo Bus Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1026.24 * ( 1 - -14.63% )/( (24921.719 + 25108.303)/ 2 )
=1176.378912/25015.011
=4.70 %

where

Invested Capital(Q: Sep. 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))
=36050.282 - 2671.921 - ( 10154.689 - max(0, 6109.473 - 14566.115+10154.689))
=24921.719

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))
=36341.294 - 2911.232 - ( 8842.028 - max(0, 6022.234 - 14343.993+8842.028))
=25108.303

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Hokkaido Chuo Bus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1166.34/( ( (17433.18 + max(-1698.047, 0)) + (17680.962 + max(-520.269, 0)) )/ 2 )
=1166.34/( ( 17433.18 + 17680.962 )/ 2 )
=1166.34/17557.071
=6.64 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3648.484 + 520.861 + 242.081) - (2671.921 + 0 + 3437.552)
=-1698.047

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4140.829 + 460.093 + 901.043) - (2911.232 + 0 + 3111.002)
=-520.269

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Hokkaido Chuo Bus Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1043.055/-63.094
=-1,653.18 %

* 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.


Hokkaido Chuo Bus Co EBIT Related Terms

Thank you for viewing the detailed overview of Hokkaido Chuo Bus Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hokkaido Chuo Bus Co (SSE:9085) Business Description

Traded in Other Exchanges
N/A
Address
1-8-6, Ironai, Otaru, JPN, 047-8601
Hokkaido Chuo Bus Co Ltd provides general passenger and business charter travel services in Japan. It offers intercity express bus, sightseeing bus tours, city bus, and charter bus services.

Hokkaido Chuo Bus Co (SSE:9085) Headlines

No Headlines