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SeaDragon (NZSE:SEA) EBIT : NZ$-7.03 Mil (TTM As of Sep. 2019)


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What is SeaDragon EBIT?

SeaDragon's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2019 was NZ$-9.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was NZ$-7.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SeaDragon's annualized ROC % for the quarter that ended in Sep. 2019 was -101.19%. SeaDragon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -202.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SeaDragon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -453.61%.


SeaDragon EBIT Historical Data

The historical data trend for SeaDragon'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.

SeaDragon EBIT Chart

SeaDragon Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.30 -6.17 -5.37 -9.10 -7.03

SeaDragon Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 -2.76 -2.95 -6.15 -9.10 2.07

Competitive Comparison of SeaDragon's EBIT

For the Packaged Foods subindustry, SeaDragon'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.


SeaDragon's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



SeaDragon 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 Sep. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-7.03 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.


SeaDragon  (NZSE:SEA) EBIT Explanation

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

SeaDragon's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

ROC % (Q: Sep. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2019 ) + Invested Capital (Q: Sep. 2019 ))/ count )
=-9.584 * ( 1 - 0% )/( (9.471 + 9.471)/ 2 )
=-9.584/9.471
=-101.19 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2019) data.

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

SeaDragon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2019  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.2/( ( (8.124 + max(0.804, 0)) + (8.124 + max(0.933, 0)) )/ 2 )
=-18.2/( ( 8.928 + 9.057 )/ 2 )
=-18.2/8.9925
=-202.39 %

where Working Capital is:

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.231 + 1.671 + 0.096) - (1.194 + 0 + 0)
=0.804

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.456 + 1.671 + 0) - (1.194 + 0 + 0)
=0.933

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2019 )
=-7.031/1.550
=-453.61 %

* 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.


SeaDragon EBIT Related Terms

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SeaDragon (NZSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
12 Nayland Road, Stoke, Nelson, NZL, 7011
SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

SeaDragon (NZSE:SEA) Headlines

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