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Bicecorp (XSGO:BICECORP) EBIT : CLP317,179 Mil (TTM As of Mar. 2024)


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What is Bicecorp EBIT?

Bicecorp's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was CLP92,471 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was CLP317,179 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bicecorp's annualized ROC % for the quarter that ended in Mar. 2024 was 3.27%. Bicecorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 549.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bicecorp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -17.19%.


Bicecorp EBIT Historical Data

The historical data trend for Bicecorp'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.

Bicecorp EBIT Chart

Bicecorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140,334.27 128,696.41 253,685.71 206,435.09 260,496.92

Bicecorp 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 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 35,788.87 84,684.94 73,449.44 66,573.68 92,470.55

Competitive Comparison of Bicecorp's EBIT

For the Financial Conglomerates subindustry, Bicecorp'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.


Bicecorp's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bicecorp's EV-to-EBIT distribution charts can be found below:

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



Bicecorp 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was CLP317,179 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.


Bicecorp  (XSGO:BICECORP) EBIT Explanation

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

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

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=369882.192 * ( 1 - 20.48% )/( (9105612.232 + 8904508.703)/ 2 )
=294130.3190784/9005060.4675
=3.27 %

where

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))
=17889083.183 - 6102009.133 - ( 6790938.268 - max(0, 8445968.65 - 11127430.468+6790938.268))
=9105612.232

Invested Capital(Q: Mar. 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))
=18539497.792 - 6459133.659 - ( 7294940.367 - max(0, 8502155.751 - 11678011.181+7294940.367))
=8904508.703

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=369882.192/( ( (67751.527 + max(-2610503.431, 0)) + (66866.398 + max(-2792342.114, 0)) )/ 2 )
=369882.192/( ( 67751.527 + 66866.398 )/ 2 )
=369882.192/67308.9625
=549.53 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3846303.078 + 0 + 446224.645) - (6102009.133 + 0 + 801022.021)
=-2610503.431

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3846068.222 + 0 + 452528.678) - (6459133.659 + 0 + 631805.355)
=-2792342.114

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=317178.597/-1845273.766
=-17.19 %

* 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.


Bicecorp EBIT Related Terms

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Bicecorp (XSGO:BICECORP) Business Description

Traded in Other Exchanges
N/A
Address
Av. Apoquindo no 3846, 17th Floor, Las Condes, Santiago, CHL
Bicecorp SA is a Chile based investment holding company. It is engaged in the business areas of Commercial banking in which the company offered products include financing, cash management, foreign trade, payments and collections, lines of credit, credit cards, means of payment, treasury and insurance brokerage; Mutual mortgage; Life insurance which includes products like pension and private annuities, individual and collective life and health insurance, disability and survival insurance (SIS) and consumer loans; Investments; Real estate through which the entity provides services like financing (leasing), real estate rents, project development and advising on matters real estate; Asset securitization; and Automotive financing.

Bicecorp (XSGO:BICECORP) Headlines

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