Saudi Arabian Mining Co (SAU:1211) EBIT : ﷼5,732 Mil (TTM As of Mar. 2024)

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What is Saudi Arabian Mining Co EBIT?

Saudi Arabian Mining Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼2,162 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼5,732 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saudi Arabian Mining Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.85%. Saudi Arabian Mining Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saudi Arabian Mining Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.76%.

Saudi Arabian Mining Co EBIT Historical Data

The historical data trend for Saudi Arabian Mining 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.

* Premium members only.

Saudi Arabian Mining Co EBIT Chart

Saudi Arabian Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1,090.19

710.95

7,937.68

14,355.35

4,803.06

Saudi Arabian Mining Co 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															1,233.11	1,155.69	494.18	1,920.09	2,161.65

Competitive Comparison of Saudi Arabian Mining Co's EBIT

For the Other Industrial Metals & Mining subindustry, Saudi Arabian Mining 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.

Saudi Arabian Mining Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Arabian Mining Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Mining Co's EV-to-EBIT falls into.

Saudi Arabian Mining 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼5,732 Mil.

Saudi Arabian Mining Co (SAU:1211) EBIT Explanation

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

Saudi Arabian Mining Co'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 )
=	7425.356 * ( 1 - 15.56% )	/	( (92388.143	+	90737.72)	/ 2 )
=	6269.9706064	/	91562.9315
=	6.85 %

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	))
=	111873.624	-	4997.805	-	( 15230.182	-	max(0, 14722.72	-	29210.396	+	15230.182	))
=	92388.143

	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	))
=	112746.028	-	5431.763	-	( 16576.545	-	max(0, 12903.792	-	30244.4	+	16576.545	))
=	90737.72

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

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

Saudi Arabian Mining Co'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 )
=	8646.6	/	( ( (77961.738 + max(3174.075, 0))	+	(77846.802 + max(3358.544, 0)) )	/	2 )
=	8646.6	/	( ( 81135.813	+	81205.346 )	/	2 )
=	8646.6	/	81170.5795
=	10.65 %

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)
=	(5071.547	+	7200.234	+	1196.6)	-	(4997.805	+	0	+	5296.501)
=	3174.075

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5688.876	+	7165.692	+	813.287)	-	(5431.763	+	0	+	4877.548)
=	3358.544

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:

Saudi Arabian Mining Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	5731.607	/	208031.607
	=	2.76 %

Saudi Arabian Mining Co EBIT Related Terms

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Saudi Arabian Mining Co (SAU:1211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Arabian Mining Co (SAU:1211) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537

Website

https://www.maaden.com.sa

Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & base metals, and corporate. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

Saudi Arabian Mining Co (SAU:1211) Headlines

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