Sahara International Petrochemical Co (SAU:2310) EBIT : ﷼1,216 Mil (TTM As of Mar. 2024)

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What is Sahara International Petrochemical Co EBIT?

Sahara International Petrochemical Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼294 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼1,216 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sahara International Petrochemical Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.34%. Sahara International Petrochemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sahara International Petrochemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.96%.

Sahara International Petrochemical Co EBIT Historical Data

The historical data trend for Sahara International Petrochemical 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.

Sahara International Petrochemical Co EBIT Chart

Sahara International Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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745.56

469.80

4,742.50

4,368.33

1,558.80

Sahara International Petrochemical 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															637.02	418.27	356.97	146.54	294.26

Competitive Comparison of Sahara International Petrochemical Co's EBIT

For the Chemicals subindustry, Sahara International Petrochemical 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.

Sahara International Petrochemical Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sahara International Petrochemical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sahara International Petrochemical Co's EV-to-EBIT falls into.

Sahara International Petrochemical 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 ﷼1,216 Mil.

Sahara International Petrochemical Co (SAU:2310) EBIT Explanation

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

Sahara International Petrochemical 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 )
=	1177.3 * ( 1 - 11.35% )	/	( (19489.16	+	19588.053)	/ 2 )
=	1043.67645	/	19538.6065
=	5.34 %

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	))
=	22023.899	-	766.372	-	( 1830.04	-	max(0, 2553.708	-	4322.075	+	1830.04	))
=	19489.16

	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	))
=	21947.645	-	452.363	-	( 1907.229	-	max(0, 2321.759	-	4427.041	+	1907.229	))
=	19588.053

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

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

Sahara International Petrochemical 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 )
=	1177.056	/	( ( (11779.988 + max(429.884, 0))	+	(11676.774 + max(791.953, 0)) )	/	2 )
=	1177.056	/	( ( 12209.872	+	12468.727 )	/	2 )
=	1177.056	/	12339.2995
=	9.54 %

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)
=	(1115.027	+	1108.966	+	215.861)	-	(766.372	+	0	+	1243.598)
=	429.884

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1091.108	+	1184.508	+	244.196)	-	(452.363	+	0	+	1275.496)
=	791.953

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:

Sahara International Petrochemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1216.042	/	24498.391
	=	4.96 %

Sahara International Petrochemical Co EBIT Related Terms

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Sahara International Petrochemical Co (SAU:2310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sahara International Petrochemical Co (SAU:2310) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road District, Sipchem Building, Al-Hada District, Al Khobar, SAU, 31952

Website

https://www.sipchem.com

Sahara International Petrochemical Co owns, operates and manages industrial projects relating to chemical and petrochemical industries. The company operating segments include Basic Chemicals, Intermediate Chemicals, Polymers, Trading and Corporate and others. It generates maximum revenue from the Trading segment. The company operates domestically and internationally. Its product portfolio consists of Methanol, Butanediol, Tetrahydrofuran, Acetic Acid, Acetic Anhydride, LDPE, EVA, Cross-Linkable LDPE, Semi Conductive LDPE, and PBT.

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