The Dixie Group (The Dixie Group) EBIT : $5.5 Mil (TTM As of Dec. 2023)

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What is The Dixie Group EBIT?

The Dixie Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $5.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $5.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Dixie Group's annualized ROC % for the quarter that ended in Dec. 2023 was -4.53%. The Dixie Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Dixie Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.57%.

The Dixie Group EBIT Historical Data

The historical data trend for The Dixie Group'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.

The Dixie Group EBIT Chart

The Dixie Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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21.36

-5.17

10.00

-28.16

5.48

The Dixie Group 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															-15.83	0.32	0.25	-0.29	5.20

Competitive Comparison of The Dixie Group's EBIT

For the Textile Manufacturing subindustry, The Dixie Group'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.

The Dixie Group's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, The Dixie Group's EV-to-EBIT distribution charts can be found below:

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

The Dixie Group 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 $5.5 Mil.

The Dixie Group (NAS:DXYN) EBIT Explanation

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

The Dixie Group'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 )
=	-7.964 * ( 1 - 1.58% )	/	( (172.837	+	173.442)	/ 2 )
=	-7.8381688	/	173.1395
=	-4.53 %

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	))
=	197.135	-	24.125	-	( 0.173	-	max(0, 45.141	-	120.675	+	0.173	))
=	172.837

	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	))
=	191.169	-	17.648	-	( 0.079	-	max(0, 39.554	-	112.395	+	0.079	))
=	173.442

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

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

The Dixie Group'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 )
=	20.796	/	( ( (59.732 + max(80.893, 0))	+	(60.33 + max(79.421, 0)) )	/	2 )
=	20.796	/	( ( 140.625	+	139.751 )	/	2 )
=	20.796	/	140.188
=	14.83 %

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)
=	(27.585	+	79.94	+	12.488)	-	(24.125	+	1.077	+	13.918)
=	80.893

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.461	+	76.211	+	12.419)	-	(17.648	+	0.966	+	13.056)
=	79.421

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:

The Dixie Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	5.478	/	119.923
	=	4.57 %

The Dixie Group EBIT Related Terms

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The Dixie Group (The Dixie Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » The Dixie Group Inc (NAS:DXYN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

DX6:Germany

Address

475 Reed Road, Dalton, GA, USA, 30720

Website

https://www.thedixiegroup.com

The Dixie Group Inc is carpet and rug mills company. Its businesses consist principally of marketing, manufacturing and selling finished carpet, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential and commercial applications. Additionally, the company provides manufacturing support to its carpet businesses through its separate processing operations. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brand of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Hospitality.

Executives

Lowry F Kline	director	PO BOX 2007, DALTON GA 30722
Allen L Danzey	officer: Chief Financial Officer	PO BOX 2007, DALTON GA 30722-2007
Frierson Daniel K Jr	officer: President, Masland Residential	PO BOX 2007, DALTON GA 30722
Jon A Faulkner	officer: VP Planning & Development	PO BOX 2007, DALTON GA 30722
Daniel K Frierson	director, 10 percent owner, officer: Chairman of the Board & CEO	PO BOX 2007, DALTON GA 30722
W Derek Davis	officer: VP - Human Resources	PO BOX 2007, DALTON GA 30722
Murrey John W Iii	director	4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Thomas Martin Nuckols	officer: Executive Vice President	475 REED ROAD, DALTON GA 30720
Blue William F Jr	director	PO BOX 2007, DALTON GA 30722
David E Hobbs	officer: VP - Pres Masland Contract	716 BILL MYLES DRIVE, SARALAND AL 36571
Paul B Comiskey	officer: Vice Pres/President Dixie Home	PO BOX 2007, DALTON GA 30722
D Eugene Lasater	officer: Controller	2208 S. HAMILTON STREET, DALTON GA 30721
Starr T Klein	officer: Secretary	PO BOX 25107, CHATTANOOGA TN 37422-5107
Michael L. Owens	director	PO BOX 2007, DALTON GA 30722
Vinson Lee Martin	officer: VP-President Masland Contract	716 BILL MYLES DRIVE, SARALAND AL 36571