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Channel Infrastructure NZ (NZSE:CHI) EBIT : NZ$52.0 Mil (TTM As of Dec. 2023)


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What is Channel Infrastructure NZ EBIT?

Channel Infrastructure NZ's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NZ$24.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$52.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Channel Infrastructure NZ's annualized ROC % for the quarter that ended in Dec. 2023 was 5.10%. Channel Infrastructure NZ's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Channel Infrastructure NZ's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.71%.


Channel Infrastructure NZ EBIT Historical Data

The historical data trend for Channel Infrastructure NZ'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.

Channel Infrastructure NZ EBIT Chart

Channel Infrastructure NZ 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 18.01 -260.67 -753.96 33.03 52.04

Channel Infrastructure NZ Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -753.73 11.46 21.57 27.42 24.62

Competitive Comparison of Channel Infrastructure NZ's EBIT

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.


Channel Infrastructure NZ's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Channel Infrastructure NZ's EV-to-EBIT falls into.



Channel Infrastructure NZ 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 semi-annually data reported by the company within the most recent 12 months, which was NZ$52.0 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.


Channel Infrastructure NZ  (NZSE:CHI) EBIT Explanation

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

Channel Infrastructure NZ'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=55.39 * ( 1 - 6.02% )/( (1018.308 + 1021.77)/ 2 )
=52.055522/1020.039
=5.10 %

where

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

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

Channel Infrastructure NZ'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.238/( ( (890.399 + max(-7.279, 0)) + (906.69 + max(-18.283, 0)) )/ 2 )
=49.238/( ( 890.399 + 906.69 )/ 2 )
=49.238/898.5445
=5.48 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.118 + 5.569 + 1.438) - (19.022 + 0 + 16.382)
=-7.279

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.792 + 5.514 + 0.537) - (12.861 + 7.256 + 22.009)
=-18.283

When net working capital is negative, 0 is used.

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

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

Channel Infrastructure NZ's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=52.037/911.034
=5.71 %

* 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.


Channel Infrastructure NZ EBIT Related Terms

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Channel Infrastructure NZ (NZSE:CHI) Business Description

Traded in Other Exchanges
Address
Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.

Channel Infrastructure NZ (NZSE:CHI) Headlines