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Turquoise Hill Resources (STU:IHM1) EBIT : €436 Mil (TTM As of Sep. 2022)


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What is Turquoise Hill Resources EBIT?

Turquoise Hill Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was €49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was €436 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Turquoise Hill Resources's annualized ROC % for the quarter that ended in Sep. 2022 was 1.12%. Turquoise Hill Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 1.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Turquoise Hill Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 4.51%.


Turquoise Hill Resources EBIT Historical Data

The historical data trend for Turquoise Hill Resources'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.

Turquoise Hill Resources EBIT Chart

Turquoise Hill Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.07 264.62 -283.61 156.64 880.70

Turquoise Hill Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 308.91 173.49 133.76 79.93 49.18

Competitive Comparison of Turquoise Hill Resources's EBIT

For the Copper subindustry, Turquoise Hill Resources'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.


Turquoise Hill Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Turquoise Hill Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Turquoise Hill Resources's EV-to-EBIT falls into.



Turquoise Hill Resources 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €436 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.


Turquoise Hill Resources  (STU:IHM1) EBIT Explanation

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

Turquoise Hill Resources's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=190.536 * ( 1 - 14.27% )/( (13977.399 + 15149.926)/ 2 )
=163.3465128/14563.6625
=1.12 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=13991.988 - 441.906 - ( 480.948 - max(0, 1279.736 - 852.419+480.948))
=13977.399

Invested Capital(Q: Sep. 2022 )
=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))
=14920.623 - 509.505 - ( 211.346 - max(0, 1282.421 - 543.613+211.346))
=15149.926

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Turquoise Hill Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=196.728/( ( (11947.981 + max(-233.366, 0)) + (13121.625 + max(-226.993, 0)) )/ 2 )
=196.728/( ( 11947.981 + 13121.625 )/ 2 )
=196.728/12534.803
=1.57 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.159 + 277.46 + 81.852) - (441.906 + 162.931 + 0)
=-233.366

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.779 + 241.409 + 77.079) - (509.505 + 49.756 + -0.00099999999997635)
=-226.993

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Turquoise Hill Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=436.355/9672.475
=4.51 %

* 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.


Turquoise Hill Resources EBIT Related Terms

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Turquoise Hill Resources (STU:IHM1) Business Description

Traded in Other Exchanges
N/A
Address
1 Place Ville-Marie, Suite 3680, Montreal, QC, CAN, H3B 3P2
Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.

Turquoise Hill Resources (STU:IHM1) Headlines

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