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Kimball Electronics (Kimball Electronics) EBIT : $61 Mil (TTM As of Mar. 2024)


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What is Kimball Electronics EBIT?

Kimball Electronics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kimball Electronics's annualized ROC % for the quarter that ended in Mar. 2024 was 3.76%. Kimball Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kimball Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.50%.


Kimball Electronics EBIT Historical Data

The historical data trend for Kimball Electronics'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.

Kimball Electronics EBIT Chart

Kimball Electronics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.55 29.58 72.22 46.39 91.01

Kimball Electronics 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 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 26.70 31.98 18.66 17.41 -6.88

Competitive Comparison of Kimball Electronics's EBIT

For the Electrical Equipment & Parts subindustry, Kimball Electronics'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.


Kimball Electronics's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Kimball Electronics 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 $61 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.


Kimball Electronics  (NAS:KE) EBIT Explanation

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

Kimball Electronics'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 )
=70.3 * ( 1 - 52.36% )/( (893.73 + 887.825)/ 2 )
=33.49092/890.7775
=3.76 %

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))
=1277.034 - 343.357 - ( 39.947 - max(0, 472.839 - 930.502+39.947))
=893.73

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))
=1260.828 - 307.795 - ( 65.208 - max(0, 437.881 - 888.011+65.208))
=887.825

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

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

Kimball Electronics'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 )
=-27.512/( ( (275.984 + max(422.59, 0)) + (273.823 + max(393.467, 0)) )/ 2 )
=-27.512/( ( 698.574 + 667.29 )/ 2 )
=-27.512/682.932
=-4.03 %

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)
=(309.702 + 455.736 + 43.226) - (343.357 + 42.717 + 0)
=422.59

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(277.894 + 396.199 + 72.637) - (307.795 + 36.099 + 9.369)
=393.467

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:

Kimball Electronics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=61.173/815.459
=7.50 %

* 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.


Kimball Electronics EBIT Related Terms

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Kimball Electronics (Kimball Electronics) Business Description

Traded in Other Exchanges
Address
1205 Kimball Boulevard, Jasper, IN, USA, 47546
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it derives a majority of revenue from the United States.
Executives
Richard D Phillips officer: CEO 1205 KIMBALL BLVD., JASPER IN 47546
Tom George Vadaketh director 1727 JOCKEYS WAY, YARDLEY PA 19067
Isabel S Wells officer: CIO 1205 KIMBALL BLVD., JASPER IN 47546
Douglas Hass officer: CL&CO, Secretary 1205 KIMBALL BLVD., JASPER IN 47546
John H Kahle officer: VICE PRESIDENT 1205 KIMBALL BLVD., JASPER IN 47546
Adam M Baumann officer: Corporate Controller 1205 KIMBALL BLVD., JASPER IN 47546
Jana T Croom officer: Vice President, Finance 1205 KIMBALL BLVD., JASPER IN 47546
Leroy W Kemper officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Michele Holcomb director 7000 CARDINAL PLACE, DUBLIN OH 43017
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Robert J Phillippy director
Kathy R Thomson officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Desiree L. Castillejos officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Jessica L Delorenzo officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Repplier Colleen C director 1205 KIMBALL BLVD., JASPER IN 47546