INGS (TSE:245A) EBIT : 円 Mil (TTM As of Aug. 2024)

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What is INGS EBIT?

INGS's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was 円461 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INGS's annualized ROC % for the quarter that ended in Aug. 2024 was 10.18%. INGS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 44.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

INGS EBIT Historical Data

The historical data trend for INGS'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.

INGS EBIT Chart

INGS Annual Data

Trend

Aug22

Aug23

Aug24

EBIT

343.61

140.95

461.24

INGS Semi-Annual Data
	Aug22	Aug23	Aug24
EBIT	343.61	140.95	461.24

Competitive Comparison of INGS's EBIT

For the Restaurants subindustry, INGS'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.

INGS's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, INGS's EV-to-EBIT distribution charts can be found below:

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

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INGS 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Aug. 2024 was 円 Mil.

INGS (TSE:245A) EBIT Explanation

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

INGS's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

	ROC % (Q: Aug. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2023 )	+	Invested Capital (Q: Aug. 2024 ))	/ count )
=	450.593 * ( 1 - 35.33% )	/	( (2712.538	+	3013.254)	/ 2 )
=	291.3984931	/	2862.896
=	10.18 %

where

	Invested Capital		(Q: Aug. 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	))
=	2892.593	-	282.926	-	( 666.441	-	max(0, 1020.395	-	917.524	+	666.441	))
=	2712.538

	Invested Capital		(Q: Aug. 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	))
=	3451.074	-	382.4	-	( 1005.752	-	max(0, 1251.541	-	1306.961	+	1005.752	))
=	3013.254

Note: The Operating Income data used here is one times the annual (Aug. 2024) data.

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

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

	ROC (Joel Greenblatt) %		(Q: Aug. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2023		Q: Aug. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	461.238	/	( ( (947.493 + max(-318.01, 0))	+	(1140.229 + max(-424.828, 0)) )	/	2 )
=	461.238	/	( ( 947.493	+	1140.229 )	/	2 )
=	461.238	/	1043.861
=	44.19 %

where Working Capital is:

	Working Capital		(Q: Aug. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(122.739	+	16.063	+	112.281)	-	(282.926	+	0	+	286.167)
=	-318.01

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(145.797	+	22.468	+	132.944)	-	(382.4	+	0	+	343.637)
=	-424.828

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Aug. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2024 )
	=		/	6038.711
	=	%

INGS EBIT Related Terms

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INGS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » INGS Inc (TSE:245A) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

La Vertie Shinjuku 3rd Floor, 6-28-8, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.ingsinc.co.jp

INGS Inc is engaged in operation of a restaurant business centered around 'Ramen Hayashida', 'CONA' and 'Shumai no Joe'.

INGS Headlines

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