Hwange Colliery Co (XZIM:HCCL.ZW) EBIT: ZWL-7,375 Mil (TTM As of Dec. 2022)

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What is Hwange Colliery Co EBIT?

Hwange Colliery Co XZIM:HCCL.ZW EBIT is ZWL-7,375 Mil as of Dec. 2022.

Hwange Colliery Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was ZWL-5,621 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was ZWL-7,375 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hwange Colliery Co's annualized ROC % for the quarter that ended in Dec. 2022 was 17.81%. Hwange Colliery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -20.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hwange Colliery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -94,436.53%.

Hwange Colliery Co  (XZIM:HCCL.ZW) EBIT Explanation

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

Hwange Colliery Co's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=15484.41 * ( 1 - 27.59% )/( (44512.001 + 81419.556)/ 2 )
=11212.261281/62965.7785
=17.81 %

where

Invested Capital(Q: Jun. 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))
=50781.355 - 6071.019 - ( 1116.98 - max(0, 7826.018 - 8024.353+1116.98))
=44512.001

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))
=88020.944 - 5720.714 - ( 880.674 - max(0, 7795.698 - 21032.055+880.674))
=81419.556

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Hwange Colliery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11242.876/( ( (37977.495 + max(-2562.525, 0)) + (59569.36 + max(11528.967, 0)) )/ 2 )
=-11242.876/( ( 37977.495 + 71098.327 )/ 2 )
=-11242.876/54537.911
=-20.61 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1570.876 + 3639.395 + 9.0949470177293E-13) - (6071.019 + 0 + 1701.777)
=-2562.525

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7759.494 + 10665.919 + 899.252) - (5720.714 + 0 + 2074.984)
=11528.967

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-7375.493/7.810
=-94,436.53 %

* 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.

Hwange Colliery Co EBIT Related Terms

Hwange Colliery Co EBIT Historical Data

* Premium members only.

The historical data trend for Hwange Colliery 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.

Hwange Colliery Co EBIT Chart

Hwange Colliery Co Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial -377.83 10,181.17 2,110.74 179.10 -7,375.49

Hwange Colliery Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 702.75 1,700.75 -1,521.64 -1,754.06 -5,621.44

Hwange Colliery Co EBIT Competitor Comparison

For the Thermal Coal subindustry, Hwange Colliery 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.

Hwange Colliery Co EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hwange Colliery Co's EV-to-EBIT distribution charts can be found below:

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


Hwange Colliery 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL-7,375 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ZWL-7,375 Mil mean?
Hwange Colliery Co (XZIM:HCCL.ZW) has a EBIT of ZWL-7,375 Mil as of Dec. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hwange Colliery Co.
Is Hwange Colliery Co's EBIT too high?
Hwange Colliery Co's current EBIT is ZWL-7,375 Mil.
How does Hwange Colliery Co's EBIT compare to competitors?
Hwange Colliery Co's EBIT of ZWL-7,375 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hwange Colliery Co. Hwange Colliery Co's current EBIT is ZWL-7,375 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current EBIT of ZWL-7,375 Mil. The current EBIT is ZWL-7,375 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hwange Colliery Co (XZIM:HCCL.ZW), the current EBIT is ZWL-7,375 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hwange Colliery Co Business Description

Address Coronation Dr, Hwange, ZWE
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.