Hokuriku Electric Power Co (TSE:9505) EBIT : 円70,559 Mil (TTM As of Dec. 2023)

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What is Hokuriku Electric Power Co EBIT?

Hokuriku Electric Power Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円17,141 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円70,559 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hokuriku Electric Power Co's annualized ROC % for the quarter that ended in Dec. 2023 was 2.37%. Hokuriku Electric Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hokuriku Electric Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.56%.

Hokuriku Electric Power Co EBIT Historical Data

The historical data trend for Hokuriku Electric Power 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.

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Hokuriku Electric Power Co EBIT Chart

Hokuriku Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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29,757.00

19,447.00

5,326.00

-86,513.00

70,559.00

Hokuriku Electric Power Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-16,861.00	42,914.00	31,211.00	17,141.00	-20,707.00

Competitive Comparison of Hokuriku Electric Power Co's EBIT

For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power 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.

Hokuriku Electric Power Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Electric Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hokuriku Electric Power Co's EV-to-EBIT falls into.

Hokuriku Electric Power 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70,559 Mil.

Hokuriku Electric Power Co (TSE:9505) EBIT Explanation

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

Hokuriku Electric Power 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 )
=	61988 * ( 1 - 38.08% )	/	( (1634328	+	1607738)	/ 2 )
=	38382.9696	/	1621033
=	2.37 %

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	))
=	1808335	-	66310	-	( 188072	-	max(0, 261970	-	369667	+	188072	))
=	1634328

	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	))
=	1801059	-	78272	-	( 186136	-	max(0, 250497	-	365546	+	186136	))
=	1607738

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

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

Hokuriku Electric Power 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 )
=	68564	/	( ( (1141043 + max(-79192, 0))	+	(1146246 + max(-69854, 0)) )	/	2 )
=	68564	/	( ( 1141043	+	1146246 )	/	2 )
=	68564	/	1143644.5
=	6.00 %

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)
=	(78115	+	38329	+	65151)	-	(66310	+	0	+	194477)
=	-79192

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(76922	+	43834	+	58654)	-	(78272	+	0	+	170992)
=	-69854

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:

Hokuriku Electric Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	70559	/	1075473.067
	=	6.56 %

Hokuriku Electric Power Co EBIT Related Terms

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Hokuriku Electric Power Co (TSE:9505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hokuriku Electric Power Co Inc (TSE:9505) » Definitions » EBIT

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6HO:Germany

Address

15-1 Ushijima-cho, Toyama, JPN, 930-8686

Website

http://www.rikuden.co.jp

Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.

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