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Tejon Ranch Co (Tejon Ranch Co) EBIT : $-3.70 Mil (TTM As of Dec. 2023)


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What is Tejon Ranch Co EBIT?

Tejon Ranch Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tejon Ranch Co's annualized ROC % for the quarter that ended in Dec. 2023 was -10.86%. Tejon Ranch Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -16.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tejon Ranch Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.85%.


Tejon Ranch Co EBIT Historical Data

The historical data trend for Tejon Ranch Co'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.

Tejon Ranch Co EBIT Chart

Tejon Ranch Co 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 -1.43 -6.75 -0.26 13.73 -3.70

Tejon Ranch Co 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 -0.15 0.49 -1.87 0.04 -2.35

Competitive Comparison of Tejon Ranch Co's EBIT

For the Conglomerates subindustry, Tejon Ranch Co'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.


Tejon Ranch Co's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tejon Ranch Co's EV-to-EBIT distribution charts can be found below:

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



Tejon Ranch Co 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 $-3.70 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.


Tejon Ranch Co  (NYSE:TRC) EBIT Explanation

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

Tejon Ranch Co'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 )
=-9.408 * ( 1 - -476.47% )/( (495.413 + 503.389)/ 2 )
=-54.2342976/499.401
=-10.86 %

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:

Tejon Ranch Co'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 )
=-9.408/( ( (54.941 + max(0.11399999999999, 0)) + (53.985 + max(3.785, 0)) )/ 2 )
=-9.408/( ( 55.055 + 57.77 )/ 2 )
=-9.408/56.4125
=-16.68 %

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)
=(3.98 + 8.925 + 3.52) - (13.985 + 2.326 + 3.5527136788005E-15)
=0.11399999999999

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.352 + 3.493 + 3.502) - (9.671 + 1.891 + 0)
=3.785

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:

Tejon Ranch Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-3.699/435.560
=-0.85 %

* 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.


Tejon Ranch Co EBIT Related Terms

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Tejon Ranch Co (Tejon Ranch Co) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1000, Tejon Ranch, CA, USA, 93243
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for its shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from Real estate—commercial/industrial segment.
Executives
Towerview Llc director, 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Brett A Brown officer: Executive Vice President / CFO C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Susan K Hori director 2046 VISTA CAJON, NEWPORT BEACH CA 92660
Marc William Hardy officer: SVP, General Counsel 28 ALDERBROOK, IRVINE CA 92604
Rhea Frawn Morgan director 31546 FLYING CLOUD DRIVE, LAGUNA NIGUEL CA 92677
Dt Four Partners, Llc director, 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jeannie Lynn Fuller director 6218 DE LA GUERRA TERRACE, BAKERSFIELD CA 93306
Michael H Winer director 8235 MANJARES, MONTEREY CA 93940
Geoffrey L Stack director
Frederick C Tuomi director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Joseph N Rentfro officer: Executive VP- Real Estate P.O. BOX 1000, TEJON RANCH CA 93243
Mcmahon Hugh F. Iv officer: Senior Vice President - RE 4436 LEBEC RD., P.O. BOX 1000, TEJON RANCH CA 93243
Gregory S. Bielli director, officer: President/CEO P.O. BOX 1000, LEBEC CA 93243
Allen E Lyda officer: Vice President / CFO
Steven A. Betts director 3300 NORTH THIRD AVE., PHOENIX AZ 85013

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