GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » EBIT

Econavista (TSE:5585) EBIT : 円102.0 Mil (TTM As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Econavista EBIT?

Econavista's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was 円133.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was 円102.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Econavista's annualized ROC % for the quarter that ended in Jan. 2024 was 66.36%. Econavista's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 147.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Econavista's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 0.98%.

Econavista EBIT Historical Data

The historical data trend for Econavista'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.

Econavista EBIT Chart

Econavista Annual Data
Trend Oct21 Oct22 Oct23
EBIT
134.01 302.99 385.19

Econavista Quarterly Data
Oct21 Oct22 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial - - 6.05 -37.45 133.36

Competitive Comparison of Econavista's EBIT

For the Health Information Services subindustry, Econavista'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.

Econavista's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econavista's EV-to-EBIT distribution charts can be found below:

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


Econavista 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円102.0 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.

Econavista  (TSE:5585) EBIT Explanation

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

Econavista's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=533.452 * ( 1 - 31.23% )/( (406.425 + 699.23)/ 2 )
=366.8549404/552.8275
=66.36 %

where

Invested Capital(Q: Oct. 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))
=3066.829 - 105.435 - ( 2554.969 - max(0, 183.345 - 2918.713+2554.969))
=406.425

Invested Capital(Q: Jan. 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))
=3119.345 - 89.379 - ( 2330.736 - max(0, 138.195 - 2967.651+2330.736))
=699.23

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

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

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=533.452/( ( (23.22 + max(180.399, 0)) + (21.837 + max(498.72, 0)) )/ 2 )
=533.452/( ( 203.619 + 520.557 )/ 2 )
=533.452/362.088
=147.33 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.482 + 302.759 + 25.503) - (105.435 + 0 + 77.91)
=180.399

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(270.772 + 331.567 + 34.576) - (89.379 + 0 + 48.816)
=498.72

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=101.965/10440.548
=0.98 %

* 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.

Econavista EBIT Related Terms

Thank you for viewing the detailed overview of Econavista's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Econavista (TSE:5585) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » EBIT
Comparable Companies
TSE:7079 TSE:5592 TSE:3628 TSE:6095 TSE:3939 TSE:4320 TSE:3649 TSE:5038 TSE:4263 TSE:3671 GEHC VEEV TSE:2413 HQY ASX:PME RCM TXG DOCS PGNY TDOC
Traded in Other Exchanges
N/A
Address
3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094
Website
https://www.econavista.com
Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

Econavista (TSE:5585) Headlines

No Headlines