Australian Agricultural Co (Australian Agricultural Co) EBIT : $-124.9 Mil (TTM As of Sep. 2023)

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What is Australian Agricultural Co EBIT?

Australian Agricultural Co's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $-87.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-124.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Australian Agricultural Co's annualized ROC % for the quarter that ended in Sep. 2023 was -8.55%. Australian Agricultural Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -13.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Australian Agricultural Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -14.94%.

Australian Agricultural Co EBIT Historical Data

The historical data trend for Australian Agricultural 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.

Australian Agricultural Co EBIT Chart

Australian Agricultural Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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-137.45

38.60

61.93

153.96

16.87

Australian Agricultural Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															93.05	60.09	53.88	-37.05	-87.83

Competitive Comparison of Australian Agricultural Co's EBIT

For the Farm Products subindustry, Australian Agricultural 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.

Australian Agricultural Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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

Australian Agricultural 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-124.9 Mil.

Australian Agricultural Co (OTCPK:ASAGF) EBIT Explanation

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

Australian Agricultural Co's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-180.062 * ( 1 - 28.95% )	/	( (1563.384	+	1428.15)	/ 2 )
=	-127.934051	/	1495.767
=	-8.55 %

where

	Invested Capital		(Q: Mar. 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	))
=	1588.261	-	22.194	-	( 2.683	-	max(0, 36.244	-	268.752	+	2.683	))
=	1563.384

	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	))
=	1455.535	-	23.451	-	( 3.934	-	max(0, 41.81	-	246.073	+	3.934	))
=	1428.15

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Australian Agricultural Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-175.664	/	( ( (1050.216 + max(236.286, 0))	+	(1023.947 + max(209.466, 0)) )	/	2 )
=	-175.664	/	( ( 1286.502	+	1233.413 )	/	2 )
=	-175.664	/	1259.9575
=	-13.94 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.063	+	23.978	+	235.214)	-	(22.194	+	0	+	5.775)
=	236.286

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.483	+	229.411	+	1.245)	-	(23.451	+	0	+	9.222)
=	209.466

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-124.879	/	835.764
	=	-14.94 %

Australian Agricultural Co EBIT Related Terms

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Australian Agricultural Co (Australian Agricultural Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (OTCPK:ASAGF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006

Website

https://www.aaco.com.au

Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.