The Real Good Food Company (The Real Good Food Company) EBIT : $-39.0 Mil (TTM As of Sep. 2023)

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What is The Real Good Food Company EBIT?

The Real Good Food Company's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-8.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-39.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Real Good Food Company's annualized ROC % for the quarter that ended in Sep. 2023 was -34.39%. The Real Good Food Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -40.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Real Good Food Company's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -26.18%.

The Real Good Food Company EBIT Historical Data

The historical data trend for The Real Good Food Company'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.

The Real Good Food Company EBIT Chart

The Real Good Food Company Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-8.81

-9.86

-61.73

-38.25

The Real Good Food Company Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial										-10.65	-9.13	-10.40	-10.64	-8.86

Competitive Comparison of The Real Good Food Company's EBIT

For the Packaged Foods subindustry, The Real Good Food Company'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.

The Real Good Food Company's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Real Good Food Company's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Real Good Food Company's EV-to-EBIT falls into.

The Real Good Food Company 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39.0 Mil.

The Real Good Food Company (NAS:RGF) EBIT Explanation

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

The Real Good Food Company's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-35.456 * ( 1 - 0% )	/	( (105.87	+	100.306)	/ 2 )
=	-35.456	/	103.088
=	-34.39 %

where

	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	))
=	138.859	-	32.297	-	( 0.692	-	max(0, 38.137	-	76.699	+	0.692	))
=	105.87

	Invested Capital		(Q: Sep. 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	))
=	151.712	-	51.328	-	( 0.078	-	max(0, 58.241	-	90.614	+	0.078	))
=	100.306

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

The Real Good Food Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-35.456	/	( ( (46.348 + max(43.71, 0))	+	(45.085 + max(39.208, 0)) )	/	2 )
=	-35.456	/	( ( 90.058	+	84.293 )	/	2 )
=	-35.456	/	87.1755
=	-40.67 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.903	+	51.206	+	1.898)	-	(32.297	+	0	+	0)
=	43.71

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(29.829	+	58.133	+	2.574)	-	(51.328	+	0	+	0)
=	39.208

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

The Real Good Food Company's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-39.03	/	149.062
	=	-26.18 %

The Real Good Food Company EBIT Related Terms

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The Real Good Food Company (The Real Good Food Company) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Real Good Food Company Inc (NAS:RGF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002

Website

https://www.realgoodfoods.com

The Real Good Food Company Inc is an innovative, high-growth, branded, health- and wellness-focused frozen food company. It develops, markets, and manufactures delicious and convenient comfort foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients that are intended to be sold in the health and wellness segment of the frozen food category. All of its revenue is derived from the United States.

Executives

Bryan T. Freeman	director, 10 percent owner, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
David Kanen	10 percent owner	6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Focused Growth & Income Fund	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Fund, Lp	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Mark Joseph Nelson	director	LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Gerard Garfield Law	director, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
De Cardenas Gilbert B.	director	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Akshay Jagdale	officer: Chief Financial Officer	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Strand Equity Partners Iii, Llc	10 percent owner	1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067
Josh Schreider	10 percent owner	3 EXECUTIVE CAMPUS, SUITE 155, CHERRYL HILL NJ 08002
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Andrew J Stiffelman	10 percent owner, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Deanna T Brady	director	1 HORMEL STREET, AUSTIN MN 55912
Seth Rodsky	10 percent owner	1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067