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Hatch Work Co (TSE:148A) EBIT : 円38 Mil (TTM As of Mar. 2024)


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What is Hatch Work Co EBIT?

Hatch Work Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hatch Work Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.24%. Hatch Work Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hatch Work Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.28%.

Hatch Work Co EBIT Historical Data

The historical data trend for Hatch Work 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.

Hatch Work Co EBIT Chart

Hatch Work Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-358.59 -392.79 32.53

Hatch Work Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
EBIT - - - 33.78 4.05

Competitive Comparison of Hatch Work Co's EBIT

For the Specialty Business Services subindustry, Hatch Work 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.

Hatch Work Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hatch Work Co's EV-to-EBIT distribution charts can be found below:

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


Hatch Work 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円38 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.

Hatch Work Co  (TSE:148A) EBIT Explanation

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

Hatch Work Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=77.6 * ( 1 - 34.56% )/( (1436.504 + 1694.334)/ 2 )
=50.78144/1565.419
=3.24 %

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))
=1838.204 - 119.449 - ( 1134.501 - max(0, 1240.712 - 1522.963+1134.501))
=1436.504

Invested Capital(Q: Mar. 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))
=2230.458 - 3.303 - ( 1450.493 - max(0, 1384.12 - 1916.941+1450.493))
=1694.334

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

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

Hatch Work Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.204/( ( (67.717 + max(-755.559, 0)) + (64.577 + max(-606.262, 0)) )/ 2 )
=16.204/( ( 67.717 + 64.577 )/ 2 )
=16.204/66.147
=24.50 %

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)
=(49.694 + 0.509 + 221.802) - (119.449 + 0 + 908.115)
=-755.559

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.096 + 0.713 + 408.639) - (3.303 + 0 + 1069.407)
=-606.262

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=37.832/2957.994
=1.28 %

* 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.

Hatch Work Co EBIT Related Terms

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Hatch Work Co (TSE:148A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hatch Work Co Ltd (TSE:148A) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Website
https://www.hatchwork.co.jp
Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

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