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Laird Superfood (Laird Superfood) EBIT : $-7.49 Mil (TTM As of Mar. 2024)


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What is Laird Superfood EBIT?

Laird Superfood's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-1.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Laird Superfood's annualized ROC % for the quarter that ended in Mar. 2024 was -74.47%. Laird Superfood's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -89.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Laird Superfood's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -44.04%.


Laird Superfood EBIT Historical Data

The historical data trend for Laird Superfood'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.

Laird Superfood EBIT Chart

Laird Superfood Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -8.46 -12.93 -23.94 -23.95 -10.70

Laird Superfood Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.30 -3.66 -2.79 0.05 -1.09

Competitive Comparison of Laird Superfood's EBIT

For the Packaged Foods subindustry, Laird Superfood'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.


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

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

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



Laird Superfood 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 $-7.49 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.


Laird Superfood  (AMEX:LSF) EBIT Explanation

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

Laird Superfood'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 )
=-4.356 * ( 1 - -3.99% )/( (6.229 + 5.937)/ 2 )
=-4.5298044/6.083
=-74.47 %

where

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

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

Laird Superfood'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 )
=-4.356/( ( (0.477 + max(4.534, 0)) + (0.426 + max(4.346, 0)) )/ 2 )
=-4.356/( ( 5.011 + 4.772 )/ 2 )
=-4.356/4.8915
=-89.05 %

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)
=(1.022 + 6.323 + 1.426) - (4.237 + 0 + 0)
=4.534

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.065 + 5.633 + 1.257) - (4.609 + 0 + 0)
=4.346

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-7.486/16.997
=-44.04 %

* 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.


Laird Superfood EBIT Related Terms

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Laird Superfood (Laird Superfood) Business Description

Traded in Other Exchanges
N/A
Address
5303 Spine Road, Suite 204, Boulder, CO, USA, 80301
Laird Superfood Inc is engaged in the business of manufacturing and marketing differentiated plant-based and functional foods. The product portfolio includes Coffee creamers, Hydration products and beverage-enhancing supplements, Harvest snacks and other food items, and Coffee, tea, and hot chocolate products.
Executives
Anna Hamill officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Steven L Richie officer: General Counsel and Secretary 44111 NOBEL DRIVE, FREMONT CA 94538
Andrew Judd officer: Chief Commercial Officer 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Jason D. Vieth director, officer: Chief Executive Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Grant J Lamontagne director 1221 BROADWAY, OAKLAND CA 94612
Patrick Gaston director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Paul Jr. Hodge director, officer: Chief Executive Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Scott Mcguire officer: Chief Operating Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Andrew J. Mccormick officer: General Counsel and Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Valerie Ells officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Laird Hamilton director, officer: Chief Innovator C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
S.a. Danone 10 percent owner 17, BOULEVARD HAUSSMANN, PARIS I0 75009
Danone Manifesto Ventures, Pbc 10 percent owner 12 WEST 21ST STREET, 12TH FLOOR, NEW YORK NY 10010
Jim Buechler director C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759