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COOT (Australian Oilseeds Holdings) EBIT : $1.66 Mil (TTM As of Jun. 2023)


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What is Australian Oilseeds Holdings EBIT?

Australian Oilseeds Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $1.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $1.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Australian Oilseeds Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was 15.83%. Australian Oilseeds Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 22.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Australian Oilseeds Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 6.05%.

Australian Oilseeds Holdings EBIT Historical Data

The historical data trend for Australian Oilseeds 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.

* Premium members only.

Australian Oilseeds Holdings EBIT Chart

Australian Oilseeds Holdings Annual Data
Trend Jun21 Jun22
EBIT
0.74 1.82

Australian Oilseeds Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
EBIT - 0.55 1.27 0.64 1.02

Competitive Comparison of Australian Oilseeds Holdings's EBIT

For the Packaged Foods subindustry, Australian Oilseeds 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.

Australian Oilseeds Holdings's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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


Australian Oilseeds 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.66 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.

Australian Oilseeds Holdings  (NAS:COOT) EBIT Explanation

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

Australian Oilseeds Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=1.968 * ( 1 - 8.11% )/( (11.659 + 11.191)/ 2 )
=1.8083952/11.425
=15.83 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=11.022 - 1.221 - ( 0.11 - max(0, 4.585 - 2.727+0.11))
=11.659

Invested Capital(Q: Jun. 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))
=15.607 - 4.344 - ( 0.081 - max(0, 6.854 - 6.926+0.081))
=11.191

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

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

Australian Oilseeds Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.03/( ( (6.518 + max(1.315, 0)) + (6.887 + max(3.185, 0)) )/ 2 )
=2.03/( ( 7.833 + 10.072 )/ 2 )
=2.03/8.9525
=22.68 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.49 + 1.067 + 0.06) - (1.221 + 0 + 0.081)
=1.315

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.074 + 0.767 + 2.854) - (4.344 + 0 + -0.834)
=3.185

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=1.656/27.376
=6.05 %

* 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.

Australian Oilseeds Holdings EBIT Related Terms

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Australian Oilseeds Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Oilseeds Holdings Ltd (NAS:COOT) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
126 – 142 Cowcumbla Street, PO Box 263, 52 Fuller Drive, Cootamundra, NSW, AUS, 2590
Website
Australian Oilseeds Holdings Ltd through its subsidiaries, is focused on the manufacture and sale of chemical-free, non-GMO, sustainable edible oils and products derived from oilseeds. The company believes that transitioning from a fossil fuel economy to a renewable and chemical-free economy is the solution to many health problems the world is facing presently.