South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) EBIT : $57.82 Mil (TTM As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is South Dakota Soybean Processors LLC EBIT?

South Dakota Soybean Processors LLC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $7.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $57.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. South Dakota Soybean Processors LLC's annualized ROC % for the quarter that ended in Mar. 2024 was 6.44%. South Dakota Soybean Processors LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

South Dakota Soybean Processors LLC EBIT Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC EBIT Chart

South Dakota Soybean Processors LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

29.64

69.67

73.95

South Dakota Soybean Processors LLC Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial						23.66	10.76	19.49	20.03	7.53

Competitive Comparison of South Dakota Soybean Processors LLC's EBIT

For the Packaged Foods subindustry, South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, South Dakota Soybean Processors LLC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where South Dakota Soybean Processors LLC's EV-to-EBIT falls into.

South Dakota Soybean Processors LLC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.82 Mil.

South Dakota Soybean Processors LLC (OTCPK:SDSYA) EBIT Explanation

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

South Dakota Soybean Processors LLC's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	22.808 * ( 1 - 0% )	/	( (337.648	+	370.962)	/ 2 )
=	22.808	/	354.305
=	6.44 %

where

	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	))
=	424.741	-	14.183	-	( 72.91	-	max(0, 105.627	-	205.804	+	72.91	))
=	337.648

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	517.914	-	11.73	-	( 135.222	-	max(0, 124.605	-	275.83	+	135.222	))
=	370.962

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

South Dakota Soybean Processors LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	30.132	/	( ( (203.226 + max(45.794, 0))	+	(224.557 + max(83.774, 0)) )	/	2 )
=	30.132	/	( ( 249.02	+	308.331 )	/	2 )
=	30.132	/	278.6755
=	10.81 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(43.549	+	72.046	+	17.299)	-	(14.183	+	0.738	+	72.179)
=	45.794

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(37.699	+	81.944	+	20.965)	-	(11.73	+	1.55	+	43.554)
=	83.774

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

South Dakota Soybean Processors LLC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	57.818	/	0.000
	=	%

South Dakota Soybean Processors LLC EBIT Related Terms

Thank you for viewing the detailed overview of South Dakota Soybean Processors LLC's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071

Website

https://www.sdsbp.com

South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Headlines

No Headlines