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Glad Cube (TSE:9561) EBIT : 円-36 Mil (TTM As of Mar. 2024)


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What is Glad Cube EBIT?

Glad Cube's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was 円-20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was 円-36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Glad Cube's annualized ROC % for the quarter that ended in Mar. 2024 was -5.99%. Glad Cube's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -288.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Glad Cube's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.97%.


Glad Cube EBIT Historical Data

The historical data trend for Glad Cube'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.

Glad Cube EBIT Chart

Glad Cube Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
123.38 292.25 459.85 98.91

Glad Cube Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.81 27.18 -15.73 -28.34 -19.58

Competitive Comparison of Glad Cube's EBIT

For the Software - Application subindustry, Glad Cube'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.


Glad Cube's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Glad Cube's EV-to-EBIT distribution charts can be found below:

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



Glad Cube 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-36 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.


Glad Cube  (TSE:9561) EBIT Explanation

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

Glad Cube'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 )
=-77.268 * ( 1 - 8.3% )/( (1168.916 + 1197.405)/ 2 )
=-70.854756/1183.1605
=-5.99 %

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))
=3224.518 - 650.595 - ( 1738.947 - max(0, 1167.342 - 2572.349+1738.947))
=1168.916

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))
=3119.339 - 615.112 - ( 1642.378 - max(0, 1154.016 - 2460.838+1642.378))
=1197.405

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

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

Glad Cube'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 )
=-78.3/( ( (18.957 + max(-68.593, 0)) + (35.354 + max(-79.383, 0)) )/ 2 )
=-78.3/( ( 18.957 + 35.354 )/ 2 )
=-78.3/27.1555
=-288.34 %

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)
=(602.257 + 0.149 + 230.996) - (650.595 + 0 + 251.4)
=-68.593

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(549.541 + 0.149 + 268.77) - (615.112 + 0 + 282.731)
=-79.383

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:

Glad Cube's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-36.47/3764.569
=-0.97 %

* 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.


Glad Cube EBIT Related Terms

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Glad Cube (TSE:9561) Business Description

Traded in Other Exchanges
N/A
Address
2-4-7 Kawaramachi, Osaka Chuo-ku, Osaka, JPN, 541-0048
Glad Cube Inc operates as an internet advertise agency and website optimization platform that provides Heat maps and AB testing function by own product "iTest which includes artificial intelligence and machine learning.

Glad Cube (TSE:9561) Headlines

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