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Lat Co (XKRX:311060) EBIT : ₩ Mil (TTM As of Dec. 2023)


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What is Lat Co EBIT?

Lat Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ₩-2,047 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lat Co's annualized ROC % for the quarter that ended in Dec. 2023 was -8.88%. Lat Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Lat Co EBIT Historical Data

The historical data trend for Lat 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.

Lat Co EBIT Chart

Lat Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-1,267.88 1,188.73 -2,046.71

Lat Co Semi-Annual Data
Dec21 Dec22 Dec23
EBIT -1,267.88 1,188.73 -2,046.71

Competitive Comparison of Lat Co's EBIT

For the Specialty Industrial Machinery subindustry, Lat 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.


Lat Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lat Co's EV-to-EBIT distribution charts can be found below:

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



Lat 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₩ 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.


Lat Co  (XKRX:311060) EBIT Explanation

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

Lat Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-2247.901 * ( 1 - 23.12% )/( (11174.719 + 27750.245)/ 2 )
=-1728.1862888/19462.482
=-8.88 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=15365.191 - 1984.316 - ( 2206.156 - max(0, 5869.342 - 8336.899+2206.156))
=11174.719

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))
=33261.153 - 5495.089 - ( 3455.661 - max(0, 20198.982 - 20214.801+3455.661))
=27750.245

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Lat Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2046.714/( ( (5962.799 + max(2674.144, 0)) + (12044.339 + max(1753.829, 0)) )/ 2 )
=-2046.714/( ( 8636.943 + 13798.168 )/ 2 )
=-2046.714/11217.5555
=-18.25 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4305.526 + 1750.658 + 74.559999999999) - (1984.316 + 0 + 1472.284)
=2674.144

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3015.948 + 12766.119 + 976.486) - (5495.089 + 0 + 9509.635)
=1753.829

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=/41409.355
= %

* 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.


Lat Co EBIT Related Terms

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Lat Co Business Description

Traded in Other Exchanges
N/A
Address
766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643
Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

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