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Hitachi CableLtd. (TSE:5812) EBIT : 円4,314 Mil (TTM As of Mar. 2013)


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What is Hitachi CableLtd. EBIT?

Hitachi CableLtd.'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2013 was 円1,918 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2013 was 円4,314 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hitachi CableLtd.'s annualized ROC % for the quarter that ended in Mar. 2013 was 7.41%. Hitachi CableLtd.'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2013 was 23.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hitachi CableLtd.'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2013 was 6.26%.

Hitachi CableLtd. EBIT Historical Data

The historical data trend for Hitachi CableLtd.'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.

Hitachi CableLtd. EBIT Chart

Hitachi CableLtd. Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
EBIT
Get a 7-Day Free Trial -14,740.00 -6,381.00 788.00 1,966.00 4,314.00

Hitachi CableLtd. Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
EBIT Get a 7-Day Free Trial Premium Member Only 476.00 -172.00 2,079.00 489.00 1,918.00

Competitive Comparison of Hitachi CableLtd.'s EBIT

For the Specialty Industrial Machinery subindustry, Hitachi CableLtd.'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.

Hitachi CableLtd.'s EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hitachi CableLtd.'s EV-to-EBIT distribution charts can be found below:

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


Hitachi CableLtd. 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 Mar. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,314 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.

Hitachi CableLtd.  (TSE:5812) EBIT Explanation

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

Hitachi CableLtd.'s annualized ROC % for the quarter that ended in Mar. 2013 is calculated as:

ROC % (Q: Mar. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2012 ) + Invested Capital (Q: Mar. 2013 ))/ count )
=7672 * ( 1 - -52.98% )/( (161578 + 155326)/ 2 )
=11736.6256/158452
=7.41 %

where

Invested Capital(Q: Dec. 2012 )
=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))
=264276 - 86468 - ( 16230 - max(0, 128074 - 175433+16230))
=161578

Invested Capital(Q: Mar. 2013 )
=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))
=258577 - 88606 - ( 14645 - max(0, 127731 - 146833+14645))
=155326

Note: The Operating Income data used here is four times the quarterly (Mar. 2013) data.

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

Hitachi CableLtd.'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2012  Q: Mar. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7672/( ( (66301 + max(-44047, 0)) + (0 + max(-69996, 0)) )/ 2 )
=7672/( ( 66301 + 0 )/ 2 )
=7672/33150.5
=23.14 %

where Working Capital is:

Working Capital(Q: Dec. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 50198 + 15251) - (86468 + 0 + 23028)
=-44047

Working Capital(Q: Mar. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 34983 + 0) - (88606 + 0 + 16373)
=-69996

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2013) EBIT data.

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

Hitachi CableLtd.'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2013 )
=4314/68949.602
=6.26 %

* 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.

Hitachi CableLtd. EBIT Related Terms

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