GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Broad-Minded Co Ltd (TSE:7343) » Definitions » EBIT

Broad-Minded Co (TSE:7343) EBIT : 円681 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Broad-Minded Co EBIT?

Broad-Minded Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円244 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円681 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Broad-Minded Co's annualized ROC % for the quarter that ended in Mar. 2024 was 29.22%. Broad-Minded Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 121.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Broad-Minded Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.90%.


Broad-Minded Co EBIT Historical Data

The historical data trend for Broad-Minded 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.

Broad-Minded Co EBIT Chart

Broad-Minded Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 297.61 431.89 512.64 758.64 681.25

Broad-Minded Co Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 110.64 158.97 102.19 175.94 244.14

Competitive Comparison of Broad-Minded Co's EBIT

For the Insurance - Diversified subindustry, Broad-Minded 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.


Broad-Minded Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Broad-Minded Co's EV-to-EBIT distribution charts can be found below:

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



Broad-Minded 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円681 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.


Broad-Minded Co  (TSE:7343) EBIT Explanation

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

Broad-Minded Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1214.404 * ( 1 - 31.21% )/( (3002.008 + 2715.856)/ 2 )
=835.3885116/2858.932
=29.22 %

where

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))
=4648.237 - 31.711 - ( 1614.518 - max(0, 927.641 - 3788.155+1614.518))
=3002.008

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))
=5025.609 - 324.254 - ( 1985.499 - max(0, 1059.546 - 3618.798+1985.499))
=2715.856

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

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

Broad-Minded Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=976.572/( ( (57.762 + max(1247.504, 0)) + (150.389 + max(147.022, 0)) )/ 2 )
=976.572/( ( 1305.266 + 297.411 )/ 2 )
=976.572/801.3385
=121.87 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(658.241 + 1404.142 + 111.254) - (31.711 + 0 + 894.422)
=1247.504

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.342 + 873.659 + 124.059) - (324.254 + 0 + 733.784)
=147.022

When net working capital is negative, 0 is used.

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

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

Broad-Minded Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=681.249/6250.510
=10.90 %

* 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.


Broad-Minded Co EBIT Related Terms

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


Broad-Minded Co Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Ebisuminami, Shibuya-ku, Tokyo, JPN, 150?0022
Broad-Minded Co Ltd is engaged in providing one-stop solutions for individuals and corporations in the Life insurance / non-life insurance / small amount short-term insurance agency business, housing loan agency business, financial instruments intermediary service, and real estate transaction business.

Broad-Minded Co Headlines

No Headlines