GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GrafTech International Ltd (STU:G6G) » Definitions » EBIT

GrafTech International (STU:G6G) EBIT : €-225.6 Mil (TTM As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is GrafTech International EBIT?

GrafTech International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-21.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €-225.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GrafTech International's annualized ROC % for the quarter that ended in Sep. 2024 was -10.27%. GrafTech International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -11.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GrafTech International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -18.03%.


GrafTech International EBIT Historical Data

The historical data trend for GrafTech International'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.

GrafTech International EBIT Chart

GrafTech International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 869.43 492.33 457.12 469.29 -197.17

GrafTech International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -14.23 -190.24 -16.06 2.13 -21.42

Competitive Comparison of GrafTech International's EBIT

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



GrafTech International 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-225.6 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.


GrafTech International  (STU:G6G) EBIT Explanation

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

GrafTech International's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-95.068 * ( 1 - 12.88% )/( (841.882 + 771.696)/ 2 )
=-82.8232416/806.789
=-10.27 %

where

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))
=1080.424 - 126.388 - ( 112.154 - max(0, 128.321 - 541.61+112.154))
=841.882

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))
=1029.841 - 130.738 - ( 127.407 - max(0, 132.619 - 502.751+127.407))
=771.696

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

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

GrafTech International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-85.66/( ( (460.369 + max(301.258, 0)) + (447.515 + max(242.85, 0)) )/ 2 )
=-85.66/( ( 761.627 + 690.365 )/ 2 )
=-85.66/725.996
=-11.80 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(88.295 + 283.146 + 58.015) - (126.388 + 0 + 1.81)
=301.258

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.654 + 240.08 + 54.61) - (130.738 + 0 + 1.756)
=242.85

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-225.593/1250.938
=-18.03 %

* 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.


GrafTech International EBIT Related Terms

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


GrafTech International Business Description

Traded in Other Exchanges
Address
982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. The company has only reportable segment, Industrial Materials, is comprised of its two major product categories: graphite electrodes and petroleum needle coke products. Petroleum needle coke is key raw material used in the production of graphite electrodes.

GrafTech International Headlines

No Headlines