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Latvian Forest Co AB (NGM:LATF B) EBIT : kr23.03 Mil (TTM As of Dec. 2024)


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What is Latvian Forest Co AB EBIT?

Latvian Forest Co AB's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was kr15.81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was kr23.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Latvian Forest Co AB's annualized ROC % for the quarter that ended in Dec. 2024 was -1.41%. Latvian Forest Co AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 57.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Latvian Forest Co AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.90%.


Latvian Forest Co AB EBIT Historical Data

The historical data trend for Latvian Forest Co AB'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.

Latvian Forest Co AB EBIT Chart

Latvian Forest Co AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.08 88.24 27.65 10.90 28.35

Latvian Forest Co AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.24 -4.92 -10.99 18.21 15.81

Competitive Comparison of Latvian Forest Co AB's EBIT

For the Real Estate Services subindustry, Latvian Forest Co AB'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.


Latvian Forest Co AB's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Latvian Forest Co AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Latvian Forest Co AB's EV-to-EBIT falls into.


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Latvian Forest Co AB 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr23.03 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.


Latvian Forest Co AB  (NGM:LATF B) EBIT Explanation

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

Latvian Forest Co AB's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-7.408 * ( 1 - 5.37% )/( (491.174 + 500.95)/ 2 )
=-7.0101904/496.062
=-1.41 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Latvian Forest Co AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=63.22/( ( (113.609 + max(-1.521, 0)) + (107.377 + max(-2.335, 0)) )/ 2 )
=63.22/( ( 113.609 + 107.377 )/ 2 )
=63.22/110.493
=57.22 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.35 + 0 + 0) - (0.749 + 0 + 3.122)
=-1.521

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.897 + 0 + 0) - (0.414 + 0 + 2.818)
=-2.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Latvian Forest Co AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=23.027/390.048
=5.90 %

* 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.


Latvian Forest Co AB EBIT Related Terms

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Latvian Forest Co AB Business Description

Traded in Other Exchanges
N/A
Address
Ringvagen 22, Enebyberg, SWE, 128 46
Latvian Forest Co AB is a Swedish company, that purchases and manages forest property in Latvia. The company focuses on the northern/northeastern region of Latvia around the area Valmiera.

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