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Armanino Foods of Distinction (Armanino Foods of Distinction) EBIT : $3.05 Mil (TTM As of Sep. 2023)


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What is Armanino Foods of Distinction EBIT?

Armanino Foods of Distinction's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $3.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $3.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Armanino Foods of Distinction's annualized ROC % for the quarter that ended in Sep. 2023 was 50.78%. Armanino Foods of Distinction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 75.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Armanino Foods of Distinction's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 1.76%.


Armanino Foods of Distinction EBIT Historical Data

The historical data trend for Armanino Foods of Distinction'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.

Armanino Foods of Distinction EBIT Chart

Armanino Foods of Distinction Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.27 8.24 8.31 2.39 7.23

Armanino Foods of Distinction Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23
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 2.04 1.92 2.85 2.06 3.05

Competitive Comparison of Armanino Foods of Distinction's EBIT

For the Packaged Foods subindustry, Armanino Foods of Distinction'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.


Armanino Foods of Distinction's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Armanino Foods of Distinction's EV-to-EBIT falls into.



Armanino Foods of Distinction 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.05 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.


Armanino Foods of Distinction  (OTCPK:AMNF) EBIT Explanation

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

Armanino Foods of Distinction's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=11.568 * ( 1 - 25.77% )/( (17.006 + 16.813)/ 2 )
=8.5869264/16.9095
=50.78 %

where

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

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

Armanino Foods of Distinction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.2/( ( (8.381 + max(7.722, 0)) + (7.773 + max(8.569, 0)) )/ 2 )
=12.2/( ( 16.103 + 16.342 )/ 2 )
=12.2/16.2225
=75.20 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.159 + 8.048 + 0.643) - (10.127 + 0 + 0.00099999999999945)
=7.722

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.522 + 9.685 + 1.8) - (10.438 + 0 + 0)
=8.569

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Armanino Foods of Distinction's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=3.05/173.422
=1.76 %

* 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.


Armanino Foods of Distinction EBIT Related Terms

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Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Traded in Other Exchanges
N/A
Address
5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.
Executives
Douglas R Nichols director C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling director 426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino director, 10 percent owner, officer: President, CEO & Chairman 30588 SAN ANTONIO STREET, HAYWARD CA 94544

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