Top Shelf International Holdings (ASX:TSI) EBIT: A$-16.86 Mil (TTM As of Jun. 2024)


What is Top Shelf International Holdings EBIT?

Top Shelf International Holdings ASX:TSI EBIT is A$-16.86 Mil as of Jun. 2024.

Top Shelf International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-9.64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-16.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Top Shelf International Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -20.57%. Top Shelf International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -39.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Top Shelf International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -46.41%.

Top Shelf International Holdings  (ASX:TSI) EBIT Explanation

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

Top Shelf International Holdings'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 )
=-17.572 * ( 1 - 2.21% )/( (83.431 + 83.649)/ 2 )
=-17.1836588/83.54
=-20.57 %

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))
=84.645 - 10.937 - ( 2.786 - max(0, 35.736 - 26.013+2.786))
=83.431

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))
=83.931 - 10.875 - ( 6.957 - max(0, 35.647 - 25.054+6.957))
=83.649

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:

Top Shelf International Holdings'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 )
=-19.28/( ( (40.23 + max(11.545, 0)) + (38.81 + max(6.285, 0)) )/ 2 )
=-19.28/( ( 51.775 + 45.095 )/ 2 )
=-19.28/48.435
=-39.81 %

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)
=(6.072 + 16.538 + 0.617) - (10.937 + 0 + 0.745)
=11.545

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.995 + 11.271 + 3.549) - (10.875 + 0 + 0.65499999999999)
=6.285

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:

Top Shelf International Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-16.858/36.323
=-46.41 %

* 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.

Top Shelf International Holdings EBIT Related Terms

Top Shelf International Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Top Shelf International Holdings'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.

Top Shelf International Holdings EBIT Chart

Top Shelf International Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
0.00 -11.75 -19.90 -29.93 -16.86

Top Shelf International Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only -11.59 -10.57 -19.36 -7.22 -9.64

ASX:TSI vs TAP: EBIT Comparison

For the Beverages - Brewers subindustry, Top Shelf International Holdings'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.

Top Shelf International Holdings EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf International Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Top Shelf International Holdings's EV-to-EBIT falls into.


Top Shelf International Holdings 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$-16.86 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-16.86 Mil mean?
Top Shelf International Holdings (ASX:TSI) has a EBIT of A$-16.86 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Top Shelf International Holdings.
Is Top Shelf International Holdings' EBIT too high?
Top Shelf International Holdings' current EBIT is A$-16.86 Mil.
How does Top Shelf International Holdings' EBIT compare to TAP?
Top Shelf International Holdings' EBIT of A$-16.86 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Top Shelf International Holdings. Top Shelf International Holdings's current EBIT is A$-16.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Shelf International Holdings stock overvalued right now?
Top Shelf International Holdings (ASX:TSI) has a current EBIT of A$-16.86 Mil. The current EBIT is A$-16.86 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Top Shelf International Holdings (ASX:TSI), the current EBIT is A$-16.86 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Top Shelf International Holdings Business Description

Address 16-18 National Boulevard, Campbellfield, VIC, AUS, 3061
Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.