Coraza Integrated Technology Bhd (XKLS:0240) EBIT : RM-6.63 Mil (TTM As of Mar. 2024)

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What is Coraza Integrated Technology Bhd EBIT?

Coraza Integrated Technology Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was RM-1.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was RM-6.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coraza Integrated Technology Bhd's annualized ROC % for the quarter that ended in Mar. 2024 was -4.24%. Coraza Integrated Technology Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Coraza Integrated Technology Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.60%.

Coraza Integrated Technology Bhd EBIT Historical Data

The historical data trend for Coraza Integrated Technology Bhd'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.

Coraza Integrated Technology Bhd EBIT Chart

Coraza Integrated Technology Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

4.89

11.02

16.85

19.40

-2.68

Coraza Integrated Technology Bhd Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial											2.54	1.19	-3.43	-2.99	-1.41

Competitive Comparison of Coraza Integrated Technology Bhd's EBIT

For the Metal Fabrication subindustry, Coraza Integrated Technology Bhd'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.

Coraza Integrated Technology Bhd's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Coraza Integrated Technology Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Coraza Integrated Technology Bhd's EV-to-EBIT falls into.

Coraza Integrated Technology Bhd 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 RM-6.63 Mil.

Coraza Integrated Technology Bhd (XKLS:0240) EBIT Explanation

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

Coraza Integrated Technology Bhd'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 )
=	-5.636 * ( 1 - 21.76% )	/	( (104.778	+	102.999)	/ 2 )
=	-4.4096064	/	103.8885
=	-4.24 %

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	))
=	163.082	-	4.628	-	( 53.676	-	max(0, 29.723	-	98.824	+	53.676	))
=	104.778

	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	))
=	165.922	-	10.849	-	( 52.074	-	max(0, 19.74	-	100.087	+	52.074	))
=	102.999

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

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

Coraza Integrated Technology Bhd'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 )
=	-5.636	/	( ( (64.258 + max(36.426, 0))	+	(65.835 + max(31.016, 0)) )	/	2 )
=	-5.636	/	( ( 100.684	+	96.851 )	/	2 )
=	-5.636	/	98.7675
=	-5.71 %

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)
=	(13.443	+	25.858	+	4.449)	-	(4.628	+	0	+	2.696)
=	36.426

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.766	+	22.485	+	2.086)	-	(10.849	+	0	+	0.472)
=	31.016

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:

Coraza Integrated Technology Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-6.633	/	254.992
	=	-2.60 %

Coraza Integrated Technology Bhd EBIT Related Terms

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Coraza Integrated Technology Bhd (XKLS:0240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Coraza Integrated Technology Bhd (XKLS:0240) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300

Website

https://www.corazaintech.com

Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd (XKLS:0240) Headlines

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