Nippon Chemical Industrial Co (TSE:4092) EBIT : 円1,383 Mil (TTM As of Dec. 2023)

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What is Nippon Chemical Industrial Co EBIT?

Nippon Chemical Industrial Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円864 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,383 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Chemical Industrial Co's annualized ROC % for the quarter that ended in Dec. 2023 was 4.27%. Nippon Chemical Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Chemical Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.35%.

Nippon Chemical Industrial Co EBIT Historical Data

The historical data trend for Nippon Chemical Industrial 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.

Nippon Chemical Industrial Co EBIT Chart

Nippon Chemical Industrial Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

3,030.00

2,587.00

3,029.00

3,260.00

1,371.00

Nippon Chemical Industrial 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															597.00	-349.00	458.00	410.00	864.00

Competitive Comparison of Nippon Chemical Industrial Co's EBIT

For the Specialty Chemicals subindustry, Nippon Chemical Industrial 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.

Nippon Chemical Industrial Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Chemical Industrial Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nippon Chemical Industrial Co's EV-to-EBIT falls into.

Nippon Chemical Industrial 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1,383 Mil.

Nippon Chemical Industrial Co (TSE:4092) EBIT Explanation

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

Nippon Chemical Industrial 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 )
=	3372 * ( 1 - 24.46% )	/	( (58626	+	60734)	/ 2 )
=	2547.2088	/	59680
=	4.27 %

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	))
=	75152	-	7896	-	( 8630	-	max(0, 21409	-	34204	+	8630	))
=	58626

	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	))
=	74456	-	6887	-	( 6835	-	max(0, 20237	-	33099	+	6835	))
=	60734

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

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

Nippon Chemical Industrial 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 )
=	3456	/	( ( (32516 + max(14796, 0))	+	(32503 + max(16634, 0)) )	/	2 )
=	3456	/	( ( 47312	+	49137 )	/	2 )
=	3456	/	48224.5
=	7.17 %

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)
=	(12116	+	12872	+	586)	-	(7896	+	0	+	2882)
=	14796

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12912	+	12897	+	455)	-	(6887	+	0	+	2743)
=	16634

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:

Nippon Chemical Industrial Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1383	/	31801.377
	=	4.35 %

Nippon Chemical Industrial Co EBIT Related Terms

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Nippon Chemical Industrial Co (TSE:4092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Chemical Industrial Co Ltd (TSE:4092) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-11-1 Kameido, Koto-ku, Tokyo, JPN, 136-8515

Website

http://www.nippon-chem.co.jp

Nippon Chemical Industrial Co., Ltd. is a Japanese based company. The company is engaged in manufacturing and sale of chemical products. It offers a range of products under inorganic and specialty chemicals division. Its inorganic chemical products include chromium, silicates, phosphorus, and barium. It also offers specialty chemicals, such as electronic ceramic materials, barium compounds, circuit materials, battery materials, organic phosphorus compounds, pharmaceutical and agrochemical intermediates, semiconductor materials, and flame retardants, as well as other specialty products comprising thiourea and high purity thiourea.

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