SK Innovation Co (XKRX:096775) EBIT : ₩3,201,511 Mil (TTM As of Mar. 2024)

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What is SK Innovation Co EBIT?

SK Innovation Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩1,543,110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩3,201,511 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SK Innovation Co's annualized ROC % for the quarter that ended in Mar. 2024 was -44.72%. SK Innovation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 29.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SK Innovation Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.73%.

SK Innovation Co EBIT Historical Data

The historical data trend for SK Innovation 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.

SK Innovation Co EBIT Chart

SK Innovation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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841,447.59

-2,404,829.39

1,212,230.25

3,506,159.28

2,076,143.00

SK Innovation 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															417,743.08	23,068.36	1,390,456.52	244,876.05	1,543,110.15

Competitive Comparison of SK Innovation Co's EBIT

For the Oil & Gas Refining & Marketing subindustry, SK Innovation 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.

SK Innovation Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SK Innovation Co's EV-to-EBIT distribution charts can be found below:

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

SK Innovation 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩3,201,511 Mil.

SK Innovation Co (XKRX:096775) EBIT Explanation

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

SK Innovation Co'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 )
=	6172440.592 * ( 1 - 637.29% )	/	( (61932755.946	+	86384115.636)	/ 2 )
=	-33163906.056757	/	74158435.791
=	-44.72 %

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	))
=	80835513.251	-	15022346.763	-	( 13395809.297	-	max(0, 29399178.862	-	33279589.404	+	13395809.297	))
=	61932755.946

	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	))
=	86384115.636	-	0	-	( 0	-	max(0, 30870503.756	-	35456049.637	+	0	))
=	86384115.636

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

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

SK Innovation Co'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 )
=	6172440.592	/	( ( (37311612.359 + max(188155.538, 0))	+	(0 + max(4585545.881, 0)) )	/	2 )
=	6172440.592	/	( ( 37499767.897	+	4585545.881 )	/	2 )
=	6172440.592	/	21042656.889
=	29.33 %

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)
=	(5929408.821	+	11122659.013	+	914842.485)	-	(15022346.763	+	0	+	2756408.018)
=	188155.538

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	35456049.637)	-	(0	+	0	+	30870503.756)
=	4585545.881

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	3201511.069	/	27304680.065
	=	11.73 %

SK Innovation Co EBIT Related Terms

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SK Innovation Co (XKRX:096775) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SK Innovation Co Ltd (XKRX:096775) » Definitions » EBIT

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Traded in Other Exchanges

096770:Korea

Address

SK Building, 26, Jong-ro, Jongno-gu, Seoul, KOR

Website

http://www.skinnovation.com

SK Innovation Co Ltd is a global energy and chemical company. It operates in petroleum production, refining, chemicals, and lubricants. Operations are divided into four segments: Petroleum, Petrochemicals, Lubricants, and Others. The Petroleum segment provides majority of the revenue for the group. SK engages in exploration and production activities around the world. Petroleum products like gasoline, diesel, and asphalt are produced at its refineries in Korea. The business has a network of gas stations with a paid membership service. Additional subsidiaries under the Petroleum segment provide customized service information for freight truck business operators and a website for enterprise customers of SK Energy.

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