GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Acerias Paz del Rio SA (BOG:PAZRIO) » Definitions » EBIT

Acerias Paz del Rio (BOG:PAZRIO) EBIT : COP27,691 Mil (TTM As of Dec. 2023)


View and export this data going back to 1981. Start your Free Trial

What is Acerias Paz del Rio EBIT?

Acerias Paz del Rio's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was COP32,127 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was COP27,691 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Acerias Paz del Rio's annualized ROC % for the quarter that ended in Dec. 2023 was 4.00%. Acerias Paz del Rio's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Acerias Paz del Rio's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.75%.


Acerias Paz del Rio EBIT Historical Data

The historical data trend for Acerias Paz del Rio'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.

Acerias Paz del Rio EBIT Chart

Acerias Paz del Rio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15,507.96 19,039.87 219,198.58 77,329.83 27,691.24

Acerias Paz del Rio Quarterly Data
Sep18 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31,697.89 684.90 -1,760.25 -3,360.05 32,126.64

Competitive Comparison of Acerias Paz del Rio's EBIT

For the Steel subindustry, Acerias Paz del Rio'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.


Acerias Paz del Rio's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Acerias Paz del Rio's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Acerias Paz del Rio's EV-to-EBIT falls into.



Acerias Paz del Rio 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was COP27,691 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.


Acerias Paz del Rio  (BOG:PAZRIO) EBIT Explanation

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

Acerias Paz del Rio'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=96029.28 * ( 1 - 29.31% )/( (1685713.626 + 1706953.554)/ 2 )
=67883.098032/1696333.59
=4.00 %

where

Invested Capital(Q: Sep. 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))
=1955157.578 - 306075.66 - ( 56034.743 - max(0, 588228.057 - 551596.349+56034.743))
=1685713.626

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))
=1962522.85 - 324865.983 - ( 79328.215 - max(0, 616494.409 - 547197.722+79328.215))
=1706953.554

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

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

Acerias Paz del Rio'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=128506.552/( ( (1307803.274 + max(103369.862, 0)) + (1314249.797 + max(57180.733, 0)) )/ 2 )
=128506.552/( ( 1411173.136 + 1371430.53 )/ 2 )
=128506.552/1391301.833
=9.24 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(224186.107 + 257483.49 + 3997.432) - (306075.66 + 0 + 76221.507)
=103369.862

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(197718.151 + 255628.322 + 572.61100000003) - (324865.983 + 0 + 71872.368)
=57180.733

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Acerias Paz del Rio's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=27691.237/357279.122
=7.75 %

* 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.


Acerias Paz del Rio EBIT Related Terms

Thank you for viewing the detailed overview of Acerias Paz del Rio's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Acerias Paz del Rio (BOG:PAZRIO) Business Description

Traded in Other Exchanges
N/A
Address
Edificio Megabanco, Piso 6, 13-26, Calle 100, Bogota, COL, 4260
Acerias Paz del Rio SA is a steel production company. It is engaged in the manufacturing of steel products and derivates used in the industrial, metallurgical, construction and agricultural sectors.

Acerias Paz del Rio (BOG:PAZRIO) Headlines

No Headlines