GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Natural Alternatives International Inc (NAS:NAII) » Definitions » EBIT

Natural Alternatives International (Natural Alternatives International) EBIT : $-4.3 Mil (TTM As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Natural Alternatives International EBIT?

Natural Alternatives International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-3.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Natural Alternatives International's annualized ROC % for the quarter that ended in Dec. 2023 was -8.58%. Natural Alternatives International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Natural Alternatives International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.28%.


Natural Alternatives International EBIT Historical Data

The historical data trend for Natural Alternatives International'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.

Natural Alternatives International EBIT Chart

Natural Alternatives International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 -1.67 12.24 13.74 4.01

Natural Alternatives International 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 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 2.34 -2.67 2.94 -0.79 -3.76

Competitive Comparison of Natural Alternatives International's EBIT

For the Packaged Foods subindustry, Natural Alternatives International'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.


Natural Alternatives International's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Natural Alternatives International 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 $-4.3 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.


Natural Alternatives International  (NAS:NAII) EBIT Explanation

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

Natural Alternatives International'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 )
=-14.052 * ( 1 - 19.86% )/( (132.978 + 129.637)/ 2 )
=-11.2612728/131.3075
=-8.58 %

where

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

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

Natural Alternatives International'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 )
=-15.044/( ( (99.622 + max(26.65, 0)) + (98.201 + max(25.022, 0)) )/ 2 )
=-15.044/( ( 126.272 + 123.223 )/ 2 )
=-15.044/124.7475
=-12.06 %

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)
=(9.751 + 23.304 + 7.612) - (10.525 + 0.405 + 3.087)
=26.65

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.457 + 19.596 + 6.864) - (9.501 + 0.695 + 1.699)
=25.022

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:

Natural Alternatives International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-4.28/81.132
=-5.28 %

* 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.


Natural Alternatives International EBIT Related Terms

Thank you for viewing the detailed overview of Natural Alternatives International's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Natural Alternatives International (Natural Alternatives International) Business Description

Traded in Other Exchanges
Address
1535 Faraday Avenue, Carlsbad, CA, USA, 92008
Natural Alternatives International Inc is engaged in formulating, manufacturing, and marketing nutritional supplements. It offers vitamins, minerals, herbs, and other supplements, as well as other healthcare products to customers within the United States and internationally. Its business activity is operated through Private-Label Contract Manufacturing and Patent & Trademark Licensing segment. The company derives the majority of revenue from Private-Label Contract Manufacturing which is engaged in providing manufacturing services to companies that market and distribute nutritional supplements and other healthcare products, whereas the Patent and Trademark Licensing segment includes royalty income from its license and supply agreements associated with the sale.
Executives
Mark A Ledoux director, 10 percent owner, officer: CEO/Chairman 1185 LINDA VISTA DR, SAN MARCOS CA 92069
Joe E Davis director 3436 CARIBETH DR, ENCINO CA 91436
Lee G Weldon director 1185 LINDA VISTA DRIVE, SAN MARCAS CA 92069
Alan G Dunn director 1185 LINDA VISTA DR., SUITE A, SAN MARCOS X1 92078
Michael E Fortin officer: Chief Financial Officer 1185 LINDA VISTA DRIVE, SAN MARCOS CA 92078
Kenneth Wolf officer: Chief Financial Officer 12626 HIGH BLUFF DRIVE, SUITE 440, SAN DIEGO CA 92130
Alan J Lane director 41090 AVENIDA VERDE, TEMECULA CA 92591
Guru Ramanathan director C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Laura Kay Matherly director 1535 FARADAY AVENUE, CARLSBAD CA 92008
Edward Borg 10 percent owner 600 SOUTH US HIGHWAY 1, APT. 609, JUPITER FL 33477
Alvin Mccurdy officer: V.P. of Operations 1185 LINDA VISTA DR., SUITE A, SAN MARCOS CA 92078
Carl J Terranova other: Member of 13(d) 10% group 159 CHRYSTIE ST, NEW YORK NY 10002
Thomas H Hansen 10 percent owner
John Dullea officer: President, RHL (Subsidiary) 12189 CAMINITO CORRIENTE, SAN DIEGO CA 92128
Randell Weaver officer: President