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RLF AgTech (ASX:RLF) EBIT : A$-7.81 Mil (TTM As of Jun. 2024)


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What is RLF AgTech EBIT?

RLF AgTech's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-5.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-7.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RLF AgTech's annualized ROC % for the quarter that ended in Jun. 2024 was -50.07%. RLF AgTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -278.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RLF AgTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -59.77%.

RLF AgTech EBIT Historical Data

The historical data trend for RLF AgTech'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.

RLF AgTech EBIT Chart

RLF AgTech Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EBIT
- -2.70 -3.24 -7.84

RLF AgTech Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
EBIT - -2.90 -0.40 -2.55 -5.26

Competitive Comparison of RLF AgTech's EBIT

For the Agricultural Inputs subindustry, RLF AgTech'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.

RLF AgTech's EV-to-EBIT Distribution in the Agriculture Industry

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

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


RLF AgTech 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$-7.81 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.

RLF AgTech  (ASX:RLF) EBIT Explanation

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

RLF AgTech'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 )
=-8.594 * ( 1 - 0% )/( (13.334 + 20.994)/ 2 )
=-8.594/17.164
=-50.07 %

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))
=17.658 - 1.661 - ( 2.845 - max(0, 7 - 9.663+2.845))
=13.334

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))
=22.702 - 3.721 - ( 4.525 - max(0, 11.822 - 9.809+4.525))
=20.994

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:

RLF AgTech'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 )
=-10.522/( ( (1.14 + max(0.91, 0)) + (5.516 + max(-3.683, 0)) )/ 2 )
=-10.522/( ( 2.05 + 5.516 )/ 2 )
=-10.522/3.783
=-278.14 %

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)
=(2.801 + 3.909 + 0.108) - (1.661 + 0 + 4.247)
=0.91

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.482 + 3.437 + 0.365) - (3.721 + 0 + 5.246)
=-3.683

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:

RLF AgTech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-7.813/13.071
=-59.77 %

* 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.

RLF AgTech EBIT Related Terms

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RLF AgTech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » RLF AgTech Ltd (ASX:RLF) » Definitions » EBIT
Comparable Companies
ASX:FTZ ASX:TGH ASX:NRZ ASX:MNB CTVA TSX:NTR SAU:2020 CF SZSE:000792 MOS MIC:PHOR OSL:YAR MIC:AKRN ADX:FERTIGLB XTAE:ICL FMC NSE:PIIND BOM:590024 NSE:UPL SZSE:000408
Traded in Other Exchanges
N/A
Address
65 Kurnall Road, Suite A, Welshpool, Perth, WA, AUS, 6106
Website
https://www.rlfagtech.com
RLF AgTech Ltd is engaged in the formulation, manufacture, and sale of liquid fertilizers and seed treatments. Its offerings include Seed Primers, Soil & Fertigation, and Foliar. The company's operating segments are classified by the geographical areas where products and services are sold together with its support functions and include China which derives key revenue, Australia, and SE Asia.

RLF AgTech Headlines

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