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Skymark Airlines (TSE:9204) EBIT : 円7,919 Mil (TTM As of Dec. 2023)


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What is Skymark Airlines EBIT?

Skymark Airlines's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円559 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円7,919 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Skymark Airlines's annualized ROC % for the quarter that ended in Dec. 2023 was 4.23%. Skymark Airlines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Skymark Airlines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.80%.


Skymark Airlines EBIT Historical Data

The historical data trend for Skymark Airlines'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.

Skymark Airlines EBIT Chart

Skymark Airlines Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18,509.00 -29,611.00 -12,895.00 2,961.00 7,919.00

Skymark Airlines Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 163.00 661.00 5,538.00 559.00 1,161.00

Competitive Comparison of Skymark Airlines's EBIT

For the Airports & Air Services subindustry, Skymark Airlines'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.


Skymark Airlines's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's EV-to-EBIT distribution charts can be found below:

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



Skymark Airlines 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7,919 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.


Skymark Airlines  (TSE:9204) EBIT Explanation

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

Skymark Airlines'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 )
=8440 * ( 1 - 37.95% )/( (127624 + 119873)/ 2 )
=5237.02/123748.5
=4.23 %

where

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

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

Skymark Airlines'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 )
=2236/( ( (14166 + max(-23976, 0)) + (13802 + max(-23709, 0)) )/ 2 )
=2236/( ( 14166 + 13802 )/ 2 )
=2236/13984
=15.99 %

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)
=(6012 + 25 + 8421) - (3144 + 0 + 35290)
=-23976

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3786 + 25 + 6311) - (2946 + 0 + 30885)
=-23709

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=7919/50108.572
=15.80 %

* 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.


Skymark Airlines EBIT Related Terms

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Skymark Airlines (TSE:9204) Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Haneda Airport, Ota-ku, Tokyo,, JPN, 144-00414
Skymark Airlines Inc is engaged in regular air transportation service business.

Skymark Airlines (TSE:9204) Headlines

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