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ispace (TSE:9348) EBIT : 円-1,980 Mil (TTM As of Dec. 2023)


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What is ispace EBIT?

ispace's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円-2,269 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円-1,980 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ispace's annualized ROC % for the quarter that ended in Dec. 2023 was -53.90%. ispace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -580.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ispace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.99%.


ispace EBIT Historical Data

The historical data trend for ispace'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.

ispace EBIT Chart

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
-2,609.07 -4,019.23 -11,182.49 -1,979.60

ispace Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial -1,592.27 -1,318.14 2,977.29 -2,269.09 -1,369.65

Competitive Comparison of ispace's EBIT

For the Computer Hardware subindustry, ispace'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.


ispace's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ispace's EV-to-EBIT distribution charts can be found below:

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



ispace 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-1,980 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.


ispace  (TSE:9348) EBIT Explanation

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

ispace'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 )
=-6830.832 * ( 1 - 0.05% )/( (12766.779 + 12565.053)/ 2 )
=-6827.416584/12665.916
=-53.90 %

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))
=18377.921 - 0 - ( 11522.986 - max(0, 7887.834 - 13498.976+11522.986))
=12766.779

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))
=18278.442 - 0 - ( 9676.264 - max(0, 7736.661 - 13450.05+9676.264))
=12565.053

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

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

ispace'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 )
=-9076.372/( ( (1000.007 + max(-2461.844, 0)) + (2126.594 + max(-512.875, 0)) )/ 2 )
=-9076.372/( ( 1000.007 + 2126.594 )/ 2 )
=-9076.372/1563.3005
=-580.59 %

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)
=(16.725 + 93.738 + 1865.527) - (0 + 0 + 4437.834)
=-2461.844

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.686 + 178.42 + 3565.68) - (0 + 0 + 4286.661)
=-512.875

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1979.595/66189.079
=-2.99 %

* 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.


ispace EBIT Related Terms

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ispace (TSE:9348) Business Description

Traded in Other Exchanges
N/A
Address
3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.

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