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Toyota Tsusho (Toyota Tsusho) EBIT : $3,651 Mil (TTM As of Mar. 2024)


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What is Toyota Tsusho EBIT?

Toyota Tsusho's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $674 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $3,651 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toyota Tsusho's annualized ROC % for the quarter that ended in Mar. 2024 was 6.05%. Toyota Tsusho's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toyota Tsusho's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.24%.


Toyota Tsusho EBIT Historical Data

The historical data trend for Toyota Tsusho'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.

Toyota Tsusho EBIT Chart

Toyota Tsusho Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,365.44 2,264.33 3,008.85 3,546.62 3,541.14

Toyota Tsusho 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 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 653.14 1,037.10 927.23 1,013.03 674.03

Competitive Comparison of Toyota Tsusho's EBIT

For the Conglomerates subindustry, Toyota Tsusho'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.


Toyota Tsusho's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toyota Tsusho's EV-to-EBIT distribution charts can be found below:

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



Toyota Tsusho 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 $3,651 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.


Toyota Tsusho  (OTCPK:TYHOF) EBIT Explanation

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

Toyota Tsusho'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 )
=2534.452 * ( 1 - 30.31% )/( (29175.714 + 29182.044)/ 2 )
=1766.2595988/29178.879
=6.05 %

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))
=47597.386 - 11727.736 - ( 6693.936 - max(0, 18448.766 - 28929.814+6693.936))
=29175.714

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))
=47123.615 - 11352.963 - ( 6588.608 - max(0, 17324.998 - 28011.028+6588.608))
=29182.044

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

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

Toyota Tsusho'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 )
=2696.112/( ( (7657.31 + max(8822.794, 0)) + (7603.715 + max(8279.213, 0)) )/ 2 )
=2696.112/( ( 16480.104 + 15882.928 )/ 2 )
=2696.112/16181.516
=16.66 %

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)
=(12057.91 + 8635.873 + 1542.095) - (11727.736 + 0 + 1685.348)
=8822.794

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11999.965 + 8034.109 + 1388.346) - (11352.963 + 0 + 1790.244)
=8279.213

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:

Toyota Tsusho's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3651.379/27573.600
=13.24 %

* 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.


Toyota Tsusho EBIT Related Terms

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Toyota Tsusho (Toyota Tsusho) Business Description

Traded in Other Exchanges
Address
9-8, Meieki 4-chome, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corporation is a trading company. The company has six major divisions. The Metal division processes and distributes various steel products, and others. Global Parts and Logistics division is engaged in warehousing and logistics services and others. Automobile division is engaged in automobile parts selling, used vehicles and parts exporting/importing, and others. Machinery, Energy and Plant Project division provides mechanical equipment, various industrial machineries, petroleum products and others. Chemical and Electronics division provides semiconductors, electronic devices, software, chemicals, resins and others. Food and Customer Services division manufactures and sells apparel, food and others. Asian market accounts for majority of the company's sales.

Toyota Tsusho (Toyota Tsusho) Headlines

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