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Namoi Cotton (ASX:NAM) EBIT : A$11.5 Mil (TTM As of Feb. 2024)


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What is Namoi Cotton EBIT?

Namoi Cotton's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was A$-7.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was A$11.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Namoi Cotton's annualized ROC % for the quarter that ended in Feb. 2024 was -4.05%. Namoi Cotton's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -8.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Namoi Cotton's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 6.80%.


Namoi Cotton EBIT Historical Data

The historical data trend for Namoi Cotton'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.

Namoi Cotton EBIT Chart

Namoi Cotton Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.34 -14.87 -3.43 7.10 11.46

Namoi Cotton Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -8.82 13.83 -6.74 18.97 -7.51

Competitive Comparison of Namoi Cotton's EBIT

For the Farm Products subindustry, Namoi Cotton'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.


Namoi Cotton's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Namoi Cotton's EV-to-EBIT distribution charts can be found below:

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



Namoi Cotton 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$11.5 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.


Namoi Cotton  (ASX:NAM) EBIT Explanation

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

Namoi Cotton's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-11.536 * ( 1 - 35.16% )/( (192.643 + 177.028)/ 2 )
=-7.4799424/184.8355
=-4.05 %

where

Note: The Operating Income data used here is two times the semi-annual (Feb. 2024) data.

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

Namoi Cotton's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.016/( ( (154.118 + max(31.253, 0)) + (157.227 + max(9.36, 0)) )/ 2 )
=-15.016/( ( 185.371 + 166.587 )/ 2 )
=-15.016/175.979
=-8.53 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.761 + 29.544 + 2.033) - (24.733 + 0 + 4.352)
=31.253

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.931 + 14.091 + 0.924) - (7.03 + 0 + 4.556)
=9.36

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

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

Namoi Cotton's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=11.464/168.532
=6.80 %

* 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.


Namoi Cotton EBIT Related Terms

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Namoi Cotton (ASX:NAM) Business Description

Traded in Other Exchanges
N/A
Address
259 Ruthven Street, Toowoomba, QLD, AUS, 4350
Namoi Cotton Ltd is engaged in the processing of cotton. The company is involved in the provision of cotton ginning services to cotton farmers, the marketing of cotton seed and by-products of the ginning process and, participation in the marketing of cotton lint bales. Its operating divisions are Ginning Services and Supply Chain & Marketing. The firm generates a majority of its revenue from the Ginning services.

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