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Crown Crafts (Crown Crafts) EBIT : $6.54 Mil (TTM As of Dec. 2023)


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What is Crown Crafts EBIT?

Crown Crafts's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $2.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $6.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crown Crafts's annualized ROC % for the quarter that ended in Dec. 2023 was 9.46%. Crown Crafts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Crown Crafts's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.37%.


Crown Crafts EBIT Historical Data

The historical data trend for Crown Crafts'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.

Crown Crafts EBIT Chart

Crown Crafts Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 7.74 9.88 10.31 7.17

Crown Crafts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.76 0.96 0.70 2.56 2.33

Competitive Comparison of Crown Crafts's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Crown Crafts'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.


Crown Crafts's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crown Crafts's EV-to-EBIT distribution charts can be found below:

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



Crown Crafts 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 $6.54 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.


Crown Crafts  (NAS:CRWS) EBIT Explanation

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

Crown Crafts'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 )
=9.308 * ( 1 - 22.42% )/( (75.172 + 77.471)/ 2 )
=7.2211464/76.3215
=9.46 %

where

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

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

Crown Crafts'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 )
=9.308/( ( (17.564 + max(46.362, 0)) + (17.509 + max(48.573, 0)) )/ 2 )
=9.308/( ( 63.926 + 66.082 )/ 2 )
=9.308/65.004
=14.32 %

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)
=(20.306 + 35.257 + 1.458) - (10.659 + 0 + 0)
=46.362

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.044 + 34.935 + 2.744) - (11.15 + 0 + 0)
=48.573

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=6.542/78.196
=8.37 %

* 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.


Crown Crafts EBIT Related Terms

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Crown Crafts (Crown Crafts) Business Description

Traded in Other Exchanges
N/A
Address
916 S. Burnside Avenue, Gonzales, LA, USA, 70737
Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of company-owned trademarks, under trademarks licensed from others, and as private-label goods.
Executives
Donald R Ratajczak director THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Zenon S Nie director
Michael Benstock director C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
E Randall Chestnut director, officer: President and CEO
Craig Demarest officer: VP and CFO C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130
Nanci Freeman officer: Pres & CEO/Infant Products Div 5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849
Donna Sheridan officer: Pres & CEO / NoJo Baby & Kids 711 WEST WALNUT STREET, COMPTON CA 90220
Patricia Stensrud director P.O. BOX 1028, GONZALES LA 70707
Kenneth C. Cowart officer: Director, Information Systems P.O. BOX 1028, GONZALES LA 70707
Stephen Guyer officer: VP Procurement/Infant Products 711 WEST WALNUT STREET, COMPTON CA 90220
Susan I. Christensen officer: VP Sales/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Debra Dunne officer: VP Design/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jon C Biro director 5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057