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SLMNP.PFD (Lyondellbasell Advanced Polymers) EBIT : $80.00 Mil (TTM As of May. 2018)


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What is Lyondellbasell Advanced Polymers EBIT?

Lyondellbasell Advanced Polymers's earnings before interest and taxes (EBIT) for the three months ended in May. 2018 was $20.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2018 was $80.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lyondellbasell Advanced Polymers's annualized ROC % for the quarter that ended in May. 2018 was 5.64%. Lyondellbasell Advanced Polymers's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2018 was 13.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Lyondellbasell Advanced Polymers EBIT Historical Data

The historical data trend for Lyondellbasell Advanced Polymers'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.

Lyondellbasell Advanced Polymers EBIT Chart

Lyondellbasell Advanced Polymers Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.18 61.39 80.84 51.04 -311.96

Lyondellbasell Advanced Polymers Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 32.97 13.31 32.68 13.58 20.44

Competitive Comparison of Lyondellbasell Advanced Polymers's EBIT

For the Chemicals subindustry, Lyondellbasell Advanced Polymers'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.


Lyondellbasell Advanced Polymers's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lyondellbasell Advanced Polymers's EV-to-EBIT distribution charts can be found below:

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


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Lyondellbasell Advanced Polymers 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 May. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $80.00 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.


Lyondellbasell Advanced Polymers  (OTCPK:SLMNP.PFD) EBIT Explanation

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

Lyondellbasell Advanced Polymers's annualized ROC % for the quarter that ended in May. 2018 is calculated as:

ROC % (Q: May. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2018 ) + Invested Capital (Q: May. 2018 ))/ count )
=84.236 * ( 1 - 14.27% )/( (1312.669 + 1248.8)/ 2 )
=72.2155228/1280.7345
=5.64 %

where

Invested Capital(Q: Feb. 2018 )
=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))
=1834.862 - 470.718 - ( 51.475 - max(0, 490.21 - 879.688+51.475))
=1312.669

Invested Capital(Q: May. 2018 )
=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))
=1769.99 - 469.188 - ( 52.002 - max(0, 490.393 - 841.329+52.002))
=1248.8

Note: The Operating Income data used here is four times the quarterly (May. 2018) data.

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

Lyondellbasell Advanced Polymers's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2018  Q: May. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=81.756/( ( (292.977 + max(357.495, 0)) + (282.528 + max(320.139, 0)) )/ 2 )
=81.756/( ( 650.472 + 602.667 )/ 2 )
=81.756/626.5695
=13.05 %

where Working Capital is:

Working Capital(Q: Feb. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(439.454 + 345.381 + 43.378) - (470.718 + 0 + -5.6843418860808E-14)
=357.495

Working Capital(Q: May. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(443.705 + 304.438 + 41.184) - (469.188 + 0 + 0)
=320.139

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2018) EBIT data.

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

Lyondellbasell Advanced Polymers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2018 )
=80.004/0.000
= %

* 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.


Lyondellbasell Advanced Polymers EBIT Related Terms

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Lyondellbasell Advanced Polymers Business Description

Traded in Other Exchanges
N/A
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Kathleen M. Oswald director 3637 RIDGEWOOD RD, AKRON OH 44308
Gary D. Phillips officer: Chief Commercial Officer 3637 RIDGEWOOD RD., AKRON OH 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Andreas K Gunther officer: EVP - Chief Human Resources 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Brent Middleton officer: SVP GM USCAN 1228 TITAN WAY, SUNNYVALE CA 94085
Frank Roederer officer: SVP & GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Kevin T Andrews officer: SVP - GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN OH 44333
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Stacy R Walter officer: VP - Internal Audit 3550 WEST MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Heinrich Lingnau-schneider officer: VP & General Manager - Europe 3550 WEST MARKET STREET, AKRON OH 44333