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Celulosa Argentina (BUE:CELU) EBIT : ARS-4,416 Mil (TTM As of Feb. 2024)


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What is Celulosa Argentina EBIT?

Celulosa Argentina's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was ARS-2,775 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was ARS-4,416 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Celulosa Argentina's annualized ROC % for the quarter that ended in Feb. 2024 was 44.62%. Celulosa Argentina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -9.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Celulosa Argentina's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -0.05%.


Celulosa Argentina EBIT Historical Data

The historical data trend for Celulosa Argentina'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.

Celulosa Argentina EBIT Chart

Celulosa Argentina Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.63 -545.67 2,814.37 12,861.87 18,880.69

Celulosa Argentina Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 17,875.95 -25,571.50 2,084.37 21,845.87 -2,774.95

Competitive Comparison of Celulosa Argentina's EBIT

For the Paper & Paper Products subindustry, Celulosa Argentina'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.


Celulosa Argentina's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Celulosa Argentina's EV-to-EBIT distribution charts can be found below:

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



Celulosa Argentina 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-4,416 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.


Celulosa Argentina  (BUE:CELU) EBIT Explanation

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

Celulosa Argentina's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=58348.472 * ( 1 - -30.97% )/( (119843.195 + 222703.168)/ 2 )
=76418.9937784/171273.1815
=44.62 %

where

Invested Capital(Q: Nov. 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))
=144014.054 - 30145.013 - ( 7176.642 - max(0, 55029.542 - 49055.388+7176.642))
=119843.195

Invested Capital(Q: Feb. 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))
=263304.3 - 58316.151 - ( 12456.917 - max(0, 109731.894 - 92016.875+12456.917))
=222703.168

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

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

Celulosa Argentina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11099.804/( ( (80353.591 + max(5579.053, 0)) + (141749.527 + max(9628.291, 0)) )/ 2 )
=-11099.804/( ( 85932.644 + 151377.818 )/ 2 )
=-11099.804/118655.231
=-9.35 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19811.011 + 13477.051 + 8535.267) - (30145.013 + 0 + 6099.263)
=5579.053

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37574.283 + 24063.332 + 16110.592) - (58316.151 + 0 + 9803.765)
=9628.291

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

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

Celulosa Argentina's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-4416.212/8521953.549
=-0.05 %

* 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.


Celulosa Argentina EBIT Related Terms

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Celulosa Argentina (BUE:CELU) Business Description

Traded in Other Exchanges
N/A
Address
Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR
Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.

Celulosa Argentina (BUE:CELU) Headlines

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