Lassonde Industries (TSX:LAS.A) EBIT : C$137 Mil (TTM As of Dec. 2023)

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What is Lassonde Industries EBIT?

Lassonde Industries's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lassonde Industries's annualized ROC % for the quarter that ended in Dec. 2023 was 7.08%. Lassonde Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lassonde Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.70%.

Lassonde Industries EBIT Historical Data

The historical data trend for Lassonde Industries'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.

Lassonde Industries EBIT Chart

Lassonde Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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117.38

148.86

114.98

79.42

136.97

Lassonde Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															14.57	27.54	39.84	37.18	32.44

Competitive Comparison of Lassonde Industries's EBIT

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries'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.

Lassonde Industries's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's EV-to-EBIT distribution charts can be found below:

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

Lassonde Industries 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$137 Mil.

Lassonde Industries (TSX:LAS.A) EBIT Explanation

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

Lassonde Industries's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	128.296 * ( 1 - 28.37% )	/	( (1287.488	+	1308.384)	/ 2 )
=	91.8984248	/	1297.936
=	7.08 %

where

	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	))
=	1625.618	-	317.969	-	( 20.161	-	max(0, 328.474	-	633.043	+	20.161	))
=	1287.488

	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	))
=	1665.704	-	337.478	-	( 19.842	-	max(0, 372.174	-	636.64	+	19.842	))
=	1308.384

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

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

Lassonde Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	129.76	/	( ( (439.887 + max(286.691, 0))	+	(500.821 + max(243.778, 0)) )	/	2 )
=	129.76	/	( ( 726.578	+	744.599 )	/	2 )
=	129.76	/	735.5885
=	17.64 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(197.817	+	381.928	+	28.358)	-	(317.969	+	0	+	3.443)
=	286.691

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(180.226	+	386.619	+	26.552)	-	(337.478	+	0	+	12.141)
=	243.778

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	136.998	/	1171.086
	=	11.70 %

Lassonde Industries EBIT Related Terms

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Lassonde Industries (TSX:LAS.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lassonde Industries Inc (TSX:LAS.A) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LSDAF:USA 0OO:Germany

Address

755 Principale Street, Rougemont, QC, CAN, J0L 1M0

Website

https://www.lassonde.com

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (TSX:LAS.A) Headlines

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