GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Renewable Japan Co Ltd (TSE:9522) » Definitions » EBIT

Renewable Japan Co (TSE:9522) EBIT : 円3,399 Mil (TTM As of Jun. 2024)


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

What is Renewable Japan Co EBIT?

Renewable Japan Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円1,395 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円3,399 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Renewable Japan Co's annualized ROC % for the quarter that ended in Jun. 2024 was 1.56%. Renewable Japan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Renewable Japan Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.19%.


Renewable Japan Co EBIT Historical Data

The historical data trend for Renewable Japan 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.

Renewable Japan Co EBIT Chart

Renewable Japan Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
763.39 1,525.55 2,043.21 431.00 4,002.00

Renewable Japan Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,197.00 1,073.29 610.71 320.00 1,395.00

Competitive Comparison of Renewable Japan Co's EBIT

For the Utilities - Renewable subindustry, Renewable Japan 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.


Renewable Japan Co's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renewable Japan Co's EV-to-EBIT distribution charts can be found below:

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



Renewable Japan 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,399 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.


Renewable Japan Co  (TSE:9522) EBIT Explanation

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

Renewable Japan Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=4640 * ( 1 - 52.04% )/( (142012 + 143357)/ 2 )
=2225.344/142684.5
=1.56 %

where

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

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

Renewable Japan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5580/( ( (97019 + max(30583, 0)) + (97868 + max(29830, 0)) )/ 2 )
=5580/( ( 127602 + 127698 )/ 2 )
=5580/127650
=4.37 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1858 + 0 + 31964) - (1502 + 0 + 1737)
=30583

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2624 + 0 + 31490) - (2219 + 0 + 2065)
=29830

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3399/155217.350
=2.19 %

* 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.


Renewable Japan Co EBIT Related Terms

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


Renewable Japan Co Business Description

Traded in Other Exchanges
Address
1-2-8 Toranomon, Access to the 9th floor of Toranomon Kotohira Tower, Minato-ku, Tokyo, JPN, 105-000
Renewable Japan Co Ltd is engaged in the development and operation of renewable energy power plants.

Renewable Japan Co Headlines

No Headlines