Australian Vintage (ASX:AVG) EBIT : A$-78.6 Mil (TTM As of Jun. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Australian Vintage EBIT?

Australian Vintage's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-85.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-78.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Australian Vintage's annualized ROC % for the quarter that ended in Jun. 2024 was -23.24%. Australian Vintage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -52.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Australian Vintage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -43.91%.

Australian Vintage EBIT Historical Data

The historical data trend for Australian Vintage'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 Vintage EBIT Chart

Australian Vintage Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

Get a 7-Day Free Trial

18.58

30.44

27.36

4.42

-78.62

Australian Vintage Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															11.96	15.29	-10.87	6.64	-85.25

Competitive Comparison of Australian Vintage's EBIT

For the Beverages - Wineries & Distilleries subindustry, Australian Vintage'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 Vintage's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Australian Vintage's EV-to-EBIT distribution charts can be found below:

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

Australian Vintage 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-78.6 Mil.

Australian Vintage (ASX:AVG) EBIT Explanation

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

Australian Vintage's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-85.17 * ( 1 - -8.97% )	/	( (445.87	+	352.791)	/ 2 )
=	-92.809749	/	399.3305
=	-23.24 %

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	))
=	495.518	-	39.873	-	( 9.775	-	max(0, 54.37	-	250.384	+	9.775	))
=	445.87

	Invested Capital		(Q: Jun. 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	))
=	415.433	-	56.625	-	( 6.017	-	max(0, 135.855	-	240.546	+	6.017	))
=	352.791

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

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

Australian Vintage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-170.504	/	( ( (146.343 + max(194.774, 0))	+	(138.832 + max(170.73, 0)) )	/	2 )
=	-170.504	/	( ( 341.117	+	309.562 )	/	2 )
=	-170.504	/	325.3395
=	-52.41 %

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)
=	(61.507	+	179.102	+	-2.8421709430404E-14)	-	(39.873	+	0	+	5.962)
=	194.774

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44.65	+	185.825	+	3.902)	-	(56.625	+	0.111	+	6.911)
=	170.73

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-78.617	/	179.027
	=	-43.91 %

Australian Vintage EBIT Related Terms

Thank you for viewing the detailed overview of Australian Vintage's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Australian Vintage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Australian Vintage Ltd (ASX:AVG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MGE:Germany

Address

275 Sir Donald Bradman Drive, Cowandilla, Adelaide, SA, AUS, 5033

Website

https://www.australianvintage.com.au

Australian Vintage Ltd is principally engaged in winemaking, wine marketing, and vineyard management in Australia. Its geographical segments are Australia / New Zealand; UK, Europe and Americas, and Asia. The company derives a majority of revenue from UK, Europe and Americas segment. UK, Europe and Americas segment is engaged in the packaging, sales, and marketing of wine in the United Kingdom, Europe and the Americas through wholesale, distributor and retail channels.

Australian Vintage Headlines

No Headlines