Mizuho Leasing Co (TSE:8425) EBIT : 円53,867 Mil (TTM As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Mizuho Leasing Co EBIT?

Mizuho Leasing Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円15,071 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円53,867 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mizuho Leasing Co's annualized ROC % for the quarter that ended in Dec. 2023 was 1.19%. Mizuho Leasing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mizuho Leasing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.07%.

Mizuho Leasing Co EBIT Historical Data

The historical data trend for Mizuho Leasing 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.

Mizuho Leasing Co EBIT Chart

Mizuho Leasing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

27,238.00

32,571.00

21,187.00

41,649.00

53,867.00

Mizuho Leasing 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															5,894.00	10,570.00	16,453.00	15,071.00	11,773.00

Competitive Comparison of Mizuho Leasing Co's EBIT

For the Credit Services subindustry, Mizuho Leasing 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.

Mizuho Leasing Co's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mizuho Leasing Co's EV-to-EBIT distribution charts can be found below:

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

Mizuho Leasing 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円53,867 Mil.

Mizuho Leasing Co (TSE:8425) EBIT Explanation

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

Mizuho Leasing Co'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	44796 * ( 1 - 28.47% )	/	( (2696799	+	2691688)	/ 2 )
=	32042.5788	/	2694243.5
=	1.19 %

where

	Invested Capital		(Q: Sep. 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	))
=	3182602	-	93978	-	( 391825	-	max(0, 1674520	-	2329822	+	391825	))
=	2696799

	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	))
=	3170603	-	83975	-	( 394940	-	max(0, 1643852	-	2349453	+	394940	))
=	2691688

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Mizuho Leasing Co'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	60284	/	( ( (503651 + max(1774121, 0))	+	(454938 + max(1806587, 0)) )	/	2 )
=	60284	/	( ( 2277772	+	2261525 )	/	2 )
=	60284	/	2269648.5
=	2.66 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(796633	+	0	+	1141364)	-	(93978	+	0	+	69898)
=	1774121

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(835466	+	0	+	1119047)	-	(83975	+	0	+	63951)
=	1806587

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Mizuho Leasing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	53867	/	2598102.283
	=	2.07 %

Mizuho Leasing Co EBIT Related Terms

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

Mizuho Leasing Co (TSE:8425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mizuho Leasing Co Ltd (TSE:8425) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6 Toranomon 1-chome, Minato-ku, Tokyo, JPN, 105-0001

Website

https://www.mizuho-ls.co.jp

Mizuho Leasing Co Ltd is a Japanese firm which provides total financial services to a range of customers from large companies to small and medium-sized companies. The company has four segments namely Leasing, Installment Sales, Loans and Other. The Leasing segment is engaged in leasing and renting services for industrial machinery, transportation equipment, and information-related equipment. Installment Sales segment is engaged in installment sales of production equipment, construction and engineering machinery, and commercial equipment. Loans segment is engaged in corporate finance, vessel finance, and factoring services. Other segment is engaged in investing in securities that are held for the purpose of generating operational revenues, as well as engaged in assurance services.

Mizuho Leasing Co (TSE:8425) Headlines

No Headlines