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Cross Cat Co (TSE:2307) EBIT : 円1,703 Mil (TTM As of Dec. 2023)


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What is Cross Cat Co EBIT?

Cross Cat Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円741 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,703 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cross Cat Co's annualized ROC % for the quarter that ended in Dec. 2023 was 23.51%. Cross Cat Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 110.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cross Cat Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.79%.


Cross Cat Co EBIT Historical Data

The historical data trend for Cross Cat 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.

Cross Cat Co EBIT Chart

Cross Cat Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 816.62 762.77 596.06 1,170.92 1,509.52

Cross Cat 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 430.27 252.44 280.17 429.49 741.17

Competitive Comparison of Cross Cat Co's EBIT

For the Software - Application subindustry, Cross Cat 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.


Cross Cat Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Cross Cat Co's EV-to-EBIT distribution charts can be found below:

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



Cross Cat 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1,703 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.


Cross Cat Co  (TSE:2307) EBIT Explanation

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

Cross Cat 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 )
=1863.496 * ( 1 - 32.21% )/( (5359.207 + 5386.066)/ 2 )
=1263.2639384/5372.6365
=23.51 %

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))
=7893.994 - 796.931 - ( 1737.856 - max(0, 2439.935 - 5371.365+1737.856))
=5359.207

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))
=8808.068 - 782.043 - ( 2639.959 - max(0, 2888.748 - 6497.073+2639.959))
=5386.066

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

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

Cross Cat 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 )
=2964.688/( ( (696.572 + max(1796.671, 0)) + (686.547 + max(2171.463, 0)) )/ 2 )
=2964.688/( ( 2493.243 + 2858.01 )/ 2 )
=2964.688/2675.6265
=110.80 %

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)
=(3449.177 + 0 + 184.332) - (796.931 + 0 + 1039.907)
=1796.671

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3664.354 + 0 + 192.76) - (782.043 + 0 + 903.608)
=2171.463

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1703.269/17400.503
=9.79 %

* 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.


Cross Cat Co EBIT Related Terms

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Cross Cat Co (TSE:2307) Business Description

Traded in Other Exchanges
N/A
Address
1-2-70 Konan, Minato-ku, Shinagawa Season Terrace, Tokyo, JPN, 108-0075
Cross Cat Co Ltd provides an array of system solutions in the area of system development services and business intelligence. It provides system solutions and staffing services to the financial, credit, public, telecom, manufacturing, retail, and other sectors. It also offers staffing solutions such as employee dispatching and outsourcing services.

Cross Cat Co (TSE:2307) Headlines

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