BrightPath Biotherapeutics Co (TSE:4594) EBIT : 円-1,212.47 Mil (TTM As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is BrightPath Biotherapeutics Co EBIT?

BrightPath Biotherapeutics Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円-396.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円-1,212.47 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BrightPath Biotherapeutics Co's annualized ROC % for the quarter that ended in Dec. 2023 was -410.11%. BrightPath Biotherapeutics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BrightPath Biotherapeutics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -40.59%.

BrightPath Biotherapeutics Co EBIT Historical Data

The historical data trend for BrightPath Biotherapeutics 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.

BrightPath Biotherapeutics Co EBIT Chart

BrightPath Biotherapeutics Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

-1,665.55

-1,827.35

-1,717.21

-1,481.41

-1,483.67

BrightPath Biotherapeutics 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															-413.30	-265.30	-293.44	-257.14	-396.60

Competitive Comparison of BrightPath Biotherapeutics Co's EBIT

For the Biotechnology subindustry, BrightPath Biotherapeutics 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.

BrightPath Biotherapeutics Co's EV-to-EBIT Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BrightPath Biotherapeutics Co's EV-to-EBIT distribution charts can be found below:

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

BrightPath Biotherapeutics 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-1,212.47 Mil.

BrightPath Biotherapeutics Co (TSE:4594) EBIT Explanation

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

BrightPath Biotherapeutics 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 )
=	-1586.412 * ( 1 - -0.12% )	/	( (133.384	+	641.205)	/ 2 )
=	-1588.3156944	/	387.2945
=	-410.11 %

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	))
=	1163.667	-	8.848	-	( 1063.188	-	max(0, 91.997	-	1113.432	+	1063.188	))
=	133.384

	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	))
=	1428.572	-	5.994	-	( 1296.943	-	max(0, 597.902	-	1379.275	+	1296.943	))
=	641.205

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

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

BrightPath Biotherapeutics 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 )
=	-1586.412	/	( ( (0 + max(-41.753, 0))	+	(0 + max(-15.57, 0)) )	/	2 )
=	-1586.412	/	( ( 0	+	0 )	/	2 )
=	-1586.412	/	0
=	%

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)
=	(0.03	+	0	+	50.214)	-	(8.848	+	0	+	83.149)
=	-41.753

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.024	+	0	+	82.308)	-	(5.994	+	0	+	91.908)
=	-15.57

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1212.473	/	2987.361
	=	-40.59 %

BrightPath Biotherapeutics Co EBIT Related Terms

Thank you for viewing the detailed overview of BrightPath Biotherapeutics Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

BrightPath Biotherapeutics Co (TSE:4594) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BrightPath Biotherapeutics Co Ltd (TSE:4594) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-4 Kojimachi, Kojimachi Central Building 7th Floor, Chiyoda-ku, Tokyo, JPN

Website

https://www.brightpathbio.com

BrightPath Biotherapeutics Co Ltd is a biopharmaceutical venture company. It is engaged in developing novel cancer immunotherapeutics. Its products include two candidate products: ITK-1 and GRN-1201 which are in the clinical trial stage.

BrightPath Biotherapeutics Co (TSE:4594) Headlines

No Headlines