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Olba Healthcare Holdings (TSE:2689) EBIT : 円2,263 Mil (TTM As of Jun. 2024)


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What is Olba Healthcare Holdings EBIT?

Olba Healthcare Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円561 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円2,263 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Olba Healthcare Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 6.86%. Olba Healthcare Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 26.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Olba Healthcare Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 20.91%.


Olba Healthcare Holdings EBIT Historical Data

The historical data trend for Olba Healthcare Holdings'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.

Olba Healthcare Holdings EBIT Chart

Olba Healthcare Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 748.80 1,535.50 2,157.34 2,174.39 2,262.69

Olba Healthcare Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 587.33 254.60 500.63 946.92 560.53

Competitive Comparison of Olba Healthcare Holdings's EBIT

For the Medical Distribution subindustry, Olba Healthcare Holdings'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.


Olba Healthcare Holdings's EV-to-EBIT Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Olba Healthcare Holdings's EV-to-EBIT distribution charts can be found below:

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



Olba Healthcare Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,263 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.


Olba Healthcare Holdings  (TSE:2689) EBIT Explanation

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

Olba Healthcare Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=2161.144 * ( 1 - 30.71% )/( (21673.853 + 21964.894)/ 2 )
=1497.4566776/21819.3735
=6.86 %

where

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))
=46131.096 - 21255.088 - ( 3202.155 - max(0, 33210.726 - 38843.25+3202.155))
=21673.853

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))
=43237.194 - 18540.914 - ( 2731.386 - max(0, 29715.079 - 35586.056+2731.386))
=21964.894

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

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

Olba Healthcare Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2242.132/( ( (4338.47 + max(4530.369, 0)) + (4360.058 + max(3877.856, 0)) )/ 2 )
=2242.132/( ( 8868.839 + 8237.914 )/ 2 )
=2242.132/8553.3765
=26.21 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25308.038 + 6416.545 + 3916.512) - (21255.088 + 0 + 9855.638)
=4530.369

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22487.355 + 5943.369 + 4423.946) - (18540.914 + 0 + 10435.9)
=3877.856

When net working capital is negative, 0 is used.

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

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

Olba Healthcare Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=2262.689/10820.014
=20.91 %

* 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.


Olba Healthcare Holdings EBIT Related Terms

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Olba Healthcare Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Building, 1-1-3 Shimoishii, 8th Floor, Nippon Life Okayama, Kita-ku, Okayama Prefecture, Okayama, JPN, 700-0907
Olba Healthcare Holdings Inc is a Japan-based holding company that engages in the wholesale distribution of medical diagnostic equipment and medical materials. It operates through the following business divisions: Medical Equipment, Supply, Processing, and Distribution (SPD), and Nursing Care Products.

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