Japan Airport Terminal Co (TSE:9706) EBIT : 円29,959 Mil (TTM As of Dec. 2023)

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What is Japan Airport Terminal Co EBIT?

Japan Airport Terminal Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円9,977 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円29,959 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Japan Airport Terminal Co's annualized ROC % for the quarter that ended in Dec. 2023 was 9.02%. Japan Airport Terminal Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Japan Airport Terminal Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.85%.

Japan Airport Terminal Co EBIT Historical Data

The historical data trend for Japan Airport Terminal 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.

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Japan Airport Terminal Co EBIT Chart

Japan Airport Terminal Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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11,510.00

-52,530.00

-40,814.00

-9,392.00

29,959.00

Japan Airport Terminal 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															-1,381.00	5,801.00	8,201.00	9,977.00	5,980.00

Competitive Comparison of Japan Airport Terminal Co's EBIT

For the Airports & Air Services subindustry, Japan Airport Terminal 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.

Japan Airport Terminal Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airport Terminal Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Japan Airport Terminal Co's EV-to-EBIT falls into.

Japan Airport Terminal 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29,959 Mil.

Japan Airport Terminal Co (TSE:9706) EBIT Explanation

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

Japan Airport Terminal 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 )
=	39300 * ( 1 - 17.67% )	/	( (361490	+	355833)	/ 2 )
=	32355.69	/	358661.5
=	9.02 %

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	))
=	452035	-	13869	-	( 97884	-	max(0, 53415	-	130091	+	97884	))
=	361490

	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	))
=	457263	-	17373	-	( 101560	-	max(0, 56303	-	140360	+	101560	))
=	355833

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

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

Japan Airport Terminal 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 )
=	39908	/	( ( (255516 + max(-5464, 0))	+	(250725 + max(-1459, 0)) )	/	2 )
=	39908	/	( ( 255516	+	250725 )	/	2 )
=	39908	/	253120.5
=	15.77 %

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)
=	(19937	+	7246	+	5024)	-	(13869	+	0	+	23802)
=	-5464

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22830	+	8974	+	6996)	-	(17373	+	0	+	22886)
=	-1459

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:

Japan Airport Terminal Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	29959	/	617317.775
	=	4.85 %

Japan Airport Terminal Co EBIT Related Terms

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Japan Airport Terminal Co (TSE:9706) Business Description

Industry

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Traded in Other Exchanges

JTTRY:USA 0JA:Germany

Address

3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041

Website

http://www.tokyo-airport-bldg.co.jp

Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

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