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TOHOKU CHEMICAL Co (TSE:7446) EBIT : 円569 Mil (TTM As of Mar. 2024)


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What is TOHOKU CHEMICAL Co EBIT?

TOHOKU CHEMICAL Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円225 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円569 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TOHOKU CHEMICAL Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.48%. TOHOKU CHEMICAL Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TOHOKU CHEMICAL Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.27%.


TOHOKU CHEMICAL Co EBIT Historical Data

The historical data trend for TOHOKU CHEMICAL 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.

TOHOKU CHEMICAL Co EBIT Chart

TOHOKU CHEMICAL Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 573.34 749.25 976.34 806.89 382.97

TOHOKU CHEMICAL Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 155.88 98.23 90.17 224.68 -

Competitive Comparison of TOHOKU CHEMICAL Co's EBIT

For the Specialty Chemicals subindustry, TOHOKU CHEMICAL 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.


TOHOKU CHEMICAL Co's EV-to-EBIT Distribution in the Chemicals Industry

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

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


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TOHOKU CHEMICAL 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569 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.


TOHOKU CHEMICAL Co  (TSE:7446) EBIT Explanation

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

TOHOKU CHEMICAL 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 )
=873.56 * ( 1 - 28.58% )/( (7120.893 + 7586.023)/ 2 )
=623.896552/7353.458
=8.48 %

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))
=19681.74 - 10135.896 - ( 2424.951 - max(0, 11286.235 - 14040.122+2424.951))
=7120.893

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))
=19758.275 - 9860.672 - ( 2311.58 - max(0, 10976.812 - 13927.015+2311.58))
=7586.023

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

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

TOHOKU CHEMICAL 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 )
=898.724/( ( (2560.346 + max(734.861, 0)) + (2546.869 + max(1076.589, 0)) )/ 2 )
=898.724/( ( 3295.207 + 3623.458 )/ 2 )
=898.724/3459.3325
=25.98 %

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)
=(9595.556 + 1247.902 + 771.713) - (10135.896 + 0 + 744.414)
=734.861

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9514.195 + 1320.754 + 780.486) - (9860.672 + 0 + 678.174)
=1076.589

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=568.958/3496.078
=16.27 %

* 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.


TOHOKU CHEMICAL Co EBIT Related Terms

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TOHOKU CHEMICAL Co Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 Kanda, Aomori-Prefecture, Hirosaki, JPN, 36-8061
TOHOKU CHEMICAL Co Ltd is a Japan based trading company specializing in the field of chemical-related products. The company deals with a wide range of commodities in chemical industrial reagents, clinical diagnostic reagents, food additives, health-related merchandise and agricultural materials.

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