Cocoa Processing Co (XGHA:CPC) EBIT: GHS-83.7 Mil (TTM As of Sep. 2022)

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What is Cocoa Processing Co EBIT?

Cocoa Processing Co XGHA:CPC EBIT is GHS-83.7 Mil as of Sep. 2022.

Cocoa Processing Co's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2022 was GHS-83.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was GHS-83.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cocoa Processing Co's annualized ROC % for the quarter that ended in Sep. 2022 was -4.46%. Cocoa Processing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -6.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cocoa Processing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -410.61%.


Cocoa Processing Co  (XGHA:CPC) EBIT Explanation

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

Cocoa Processing Co's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2021 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-90.527 * ( 1 - 6.85% )/( (1877.429 + 1904.799)/ 2 )
=-84.3259005/1891.114
=-4.46 %

where

Invested Capital(Q: Sep. 2021 )
=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))
=1870.323 - 1315.274 - ( 44.352 - max(0, 1789.227 - 466.847+44.352))
=1877.429

Invested Capital(Q: Sep. 2022 )
=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))
=1647.441 - 553.004 - ( 41.115 - max(0, 1122.1 - 311.738+41.115))
=1904.799

Note: The Operating Income data used here is one times the annual (Sep. 2022) data.

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

Cocoa Processing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2021  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-83.702/( ( (1403.475 + max(-892.779, 0)) + (1335.714 + max(-282.369, 0)) )/ 2 )
=-83.702/( ( 1403.475 + 1335.714 )/ 2 )
=-83.702/1369.5945
=-6.11 %

where Working Capital is:

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104.131 + 313.07 + 5.294) - (1315.274 + 0 + 2.2737367544323E-13)
=-892.779

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.663 + 206.555 + 6.405) - (553.004 + 0 + -0.012000000000171)
=-282.369

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2022) EBIT data.

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

Cocoa Processing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-83.702/20.385
=-410.61 %

* 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.


Cocoa Processing Co EBIT Related Terms


Cocoa Processing Co EBIT Historical Data

* Premium members only.

The historical data trend for Cocoa Processing Co'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.

Cocoa Processing Co EBIT Chart

Cocoa Processing Co Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep21 Sep22
EBIT
Get a 7-Day Free Trial -41.93 -46.84 -43.52 -114.10 -83.70

Cocoa Processing Co Semi-Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep21 Sep22
EBIT Get a 7-Day Free Trial -41.93 -46.84 -43.52 -114.10 -83.70

XGHA:CPC vs MDLZ, HSY, TR: EBIT Comparison

For the Confectioners subindustry, Cocoa Processing Co'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.


Cocoa Processing Co EV-to-EBIT vs Consumer Packaged Goods Industry

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

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



Cocoa Processing Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was GHS-83.7 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of GHS-83.7 Mil mean?
Cocoa Processing Co (XGHA:CPC) has a EBIT of GHS-83.7 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cocoa Processing Co.
Is Cocoa Processing Co's EBIT too high?
Cocoa Processing Co's current EBIT is GHS-83.7 Mil.
How does Cocoa Processing Co's EBIT compare to MDLZ and HSY?
Cocoa Processing Co's EBIT of GHS-83.7 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cocoa Processing Co. Cocoa Processing Co's current EBIT is GHS-83.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cocoa Processing Co stock overvalued right now?
Cocoa Processing Co (XGHA:CPC) has a current EBIT of GHS-83.7 Mil. The current EBIT is GHS-83.7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cocoa Processing Co (XGHA:CPC), the current EBIT is GHS-83.7 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cocoa Processing Co Business Description

Address Heavy Industrial Area, Private Mail Bag, Tema, GHA
Cocoa Processing Co Ltd manufactures chocolates, confectionery and semi-finished cocoa products such as cocoa butter, cocoa liquor, cocoa cake and cocoa powder from premium cocoa beans grown in Ghana.