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Sucro (TSXV:SUG) EBIT : C$80.5 Mil (TTM As of Mar. 2024)


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What is Sucro EBIT?

Sucro's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$40.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$80.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sucro's annualized ROC % for the quarter that ended in Mar. 2024 was 20.58%. Sucro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 27.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sucro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.85%.

Sucro EBIT Historical Data

The historical data trend for Sucro'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.

Sucro EBIT Chart

Sucro Annual Data
Trend Dec21 Dec22 Dec23
EBIT
35.56 70.31 65.99

Sucro Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial 25.43 36.23 -62.05 65.99 40.37

Competitive Comparison of Sucro's EBIT

For the Confectioners subindustry, Sucro'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.

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

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

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


Sucro 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$80.5 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.

Sucro  (TSXV:SUG) EBIT Explanation

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

Sucro's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=160.152 * ( 1 - 19.93% )/( (626.862 + 619.033)/ 2 )
=128.2337064/622.9475
=20.58 %

where

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))
=729.735 - 94.932 - ( 7.941 - max(0, 448.796 - 595.591+7.941))
=626.862

Invested Capital(Q: Mar. 2024 )
=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))
=712.205 - 89.011 - ( 4.161 - max(0, 395.23 - 565.301+4.161))
=619.033

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

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

Sucro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=161.484/( ( (128.928 + max(440.05, 0)) + (141.247 + max(455.643, 0)) )/ 2 )
=161.484/( ( 568.978 + 596.89 )/ 2 )
=161.484/582.934
=27.70 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.766 + 289.586 + 200.277) - (94.932 + 0 + 45.647)
=440.05

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.224 + 219.268 + 199.301) - (89.011 + 0 + 12.139)
=455.643

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=80.546/542.487
=14.85 %

* 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.

Sucro EBIT Related Terms

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Sucro (TSXV:SUG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sucro Ltd (TSXV:SUG) » Definitions » EBIT
Comparable Companies
XCNQ:TYUM XCNQ:VICE MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990 BOM:532670 BOM:500038 BOM:500125 NSA:DSRP IST:ULKER BOM:532356 SZSE:301206 XKRX:280360
Traded in Other Exchanges
N/A
Address
2020 Ponce de Leon Blvd, Suite 1204, Coral Gables, FL, USA, 33134
Website
https://www.sucro.us
Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services primarily to the Trade segment.

Sucro (TSXV:SUG) Headlines

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