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Japan Reliance Service (TSE:4664) EBIT : 円369 Mil (TTM As of Dec. 2023)


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What is Japan Reliance Service EBIT?

Japan Reliance Service's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円115 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円369 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Japan Reliance Service's annualized ROC % for the quarter that ended in Dec. 2023 was 5.17%. Japan Reliance Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 68.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Japan Reliance Service's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 48.67%.


Japan Reliance Service EBIT Historical Data

The historical data trend for Japan Reliance Service'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.

Japan Reliance Service EBIT Chart

Japan Reliance Service 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 156.96 149.11 233.12 242.14 201.26

Japan Reliance Service 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 67.24 16.37 151.35 87.10 114.63

Competitive Comparison of Japan Reliance Service's EBIT

For the Specialty Business Services subindustry, Japan Reliance Service'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.


Japan Reliance Service's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Japan Reliance Service's EV-to-EBIT distribution charts can be found below:

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



Japan Reliance Service 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369 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.


Japan Reliance Service  (TSE:4664) EBIT Explanation

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

Japan Reliance Service'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 )
=160.48 * ( 1 - 34.62% )/( (2060.855 + 1996.576)/ 2 )
=104.921824/2028.7155
=5.17 %

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))
=4176.763 - 471.225 - ( 1773.975 - max(0, 1159.944 - 2804.627+1773.975))
=2060.855

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))
=4152.768 - 445.601 - ( 1759.731 - max(0, 1173.638 - 2884.229+1759.731))
=1996.576

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

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

Japan Reliance Service'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 )
=458.524/( ( (492.902 + max(110.873, 0)) + (487.639 + max(247.536, 0)) )/ 2 )
=458.524/( ( 603.775 + 735.175 )/ 2 )
=458.524/669.475
=68.49 %

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)
=(937.517 + 9.112 + 84.023) - (471.225 + 0 + 448.554)
=110.873

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1075.975 + 9.473 + 39.05) - (445.601 + 0 + 431.361)
=247.536

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:

Japan Reliance Service's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=369.441/759.119
=48.67 %

* 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.


Japan Reliance Service EBIT Related Terms

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Japan Reliance Service (TSE:4664) Business Description

Traded in Other Exchanges
N/A
Address
3-1-3 Higashiikebukuro, Sunshine City World Import Mart Building, 9th Floor, Toshima-ku, Tokyo, JPN, 170-8630
Japan Reliance Service Corp is engaged in the provision of building management services. It offers building maintenance, personnel services, care services, and facilities management services, among others. In addition, the company also offers nursing care services and security services.

Japan Reliance Service (TSE:4664) Headlines

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