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American Vanguard (American Vanguard) EBIT : $23.1 Mil (TTM As of Dec. 2023)


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What is American Vanguard EBIT?

American Vanguard's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $12.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $23.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. American Vanguard's annualized ROC % for the quarter that ended in Dec. 2023 was 7.25%. American Vanguard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. American Vanguard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.94%.


American Vanguard EBIT Historical Data

The historical data trend for American Vanguard'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.

American Vanguard EBIT Chart

American Vanguard 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 26.22 23.39 30.83 39.80 23.05

American Vanguard 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 4.07 3.18 3.64 3.93 12.34

Competitive Comparison of American Vanguard's EBIT

For the Agricultural Inputs subindustry, American Vanguard'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.


American Vanguard's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, American Vanguard's EV-to-EBIT distribution charts can be found below:

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



American Vanguard 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 $23.1 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.


American Vanguard  (NYSE:AVD) EBIT Explanation

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

American Vanguard'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 )
=48.332 * ( 1 - 9.26% )/( (613.339 + 597.278)/ 2 )
=43.8564568/605.3085
=7.25 %

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))
=802.844 - 177.976 - ( 11.529 - max(0, 189.527 - 471.587+11.529))
=613.339

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))
=767.548 - 158.854 - ( 11.416 - max(0, 230.495 - 432.021+11.416))
=597.278

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

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

American Vanguard'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 )
=49.34/( ( (96.112 + max(258.094, 0)) + (96.977 + max(184.011, 0)) )/ 2 )
=49.34/( ( 354.206 + 280.988 )/ 2 )
=49.34/317.597
=15.54 %

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)
=(185.619 + 247.932 + 8.517) - (177.976 + 5.998 + 0)
=258.094

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(182.613 + 219.551 + 6.261) - (158.854 + 65.56 + 0)
=184.011

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:

American Vanguard's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=23.091/467.901
=4.94 %

* 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.


American Vanguard EBIT Related Terms

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American Vanguard (American Vanguard) Business Description

Traded in Other Exchanges
Address
4695 MacArthur Court, Newport Beach, CA, USA, 92660
American Vanguard Corp is a United States-based diversified specialty and agricultural products company. It manufactures and formulates chemicals for crops, turf and ornamental plants, and human and animal health protection. These chemicals include insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants, which are marketed in liquid, powder, and granular forms. The company generates a majority of its revenue from the sale of insecticides and herbicides.
Executives
Ulrich Trogele officer: Executive VP, COO - AMVAC 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Keith M Rosenbloom director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Eilers officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Patrick E Gottschalk director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Andrew B Naughton officer: V.P., Director of Technology 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Eric G Wintemute director, officer: Chairman & CEO 4695 MACARTHUR COURT SUITE 1200, NEWPORT BEACH CA 92660
David` T. Johnson officer: CHIEF FINANCIAL OFFICER 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92657
Timothy Donnelly officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Mark R Bassett director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Cruiser Capital Advisors, Llc director 243 TRESSER BOULEVARD, 17TH FLOOR, STAMFORD CT 06901
Marisol Angelini director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Turnbough Porpiglia officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Johann Venter officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Scott Hendrix officer: VP/Crop Sales - AMVAC 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Shayne M Wetherall other: CEO, Envance/TyraTech 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660