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Good Times Restaurants (Good Times Restaurants) EBIT : $0.4 Mil (TTM As of Dec. 2023)


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What is Good Times Restaurants EBIT?

Good Times Restaurants's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Good Times Restaurants's annualized ROC % for the quarter that ended in Dec. 2023 was -2.00%. Good Times Restaurants's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Good Times Restaurants's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.56%.


Good Times Restaurants EBIT Historical Data

The historical data trend for Good Times Restaurants'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.

Good Times Restaurants EBIT Chart

Good Times Restaurants Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.49 -12.04 18.68 -0.88 0.96

Good Times Restaurants 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 0.11 0.82 1.40 -1.41 -0.37

Competitive Comparison of Good Times Restaurants's EBIT

For the Restaurants subindustry, Good Times Restaurants'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.


Good Times Restaurants's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Good Times Restaurants's EV-to-EBIT distribution charts can be found below:

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



Good Times Restaurants 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 $0.4 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.


Good Times Restaurants  (NAS:GTIM) EBIT Explanation

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

Good Times Restaurants'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 )
=-1.536 * ( 1 - -18.97% )/( (91.457 + 91.012)/ 2 )
=-1.8273792/91.2345
=-2.00 %

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:

Good Times Restaurants'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 )
=-1.496/( ( (62.971 + max(-6.692, 0)) + (61.706 + max(-6.113, 0)) )/ 2 )
=-1.496/( ( 62.971 + 61.706 )/ 2 )
=-1.496/62.3385
=-2.40 %

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)
=(0.769 + 1.407 + 0.235) - (7.928 + 1.175 + 0)
=-6.692

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.334 + 1.424 + 0.705) - (7.609 + 1.967 + 0)
=-6.113

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:

Good Times Restaurants's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.428/76.060
=0.56 %

* 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.


Good Times Restaurants EBIT Related Terms

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Good Times Restaurants (Good Times Restaurants) Business Description

Traded in Other Exchanges
N/A
Address
651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers; chicken; kids; breakfast; frozen custard; slides and drinks.
Executives
Donald L Stack officer: SVP of Operations 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Ryan M Zink officer: Chief Financial Officer 141 UNION BOULEVARD #400, LAKEWOOD CO 80228
Jennifer C Stetson director 3753 EL SERENO AVENUE, ALTADENTA CA 91001
Matthew Karnes officer: Sr Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Margaret E Regalia officer: Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Scott Lefever officer: VICE PRESIDENT 601 CORPORATE CIRCLE, GOLDEN CO 80401
Charles E Jobson 10 percent owner
Robert J Stetson director 14901 QUORUM DRIVE, DALLAS TX 75254
Susan M Knutson officer: Controller 601 CORPORATE CIRCLE, GOLDEN CO 80401
Jason Maceda director C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Geoffrey R Bailey director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Boyd E Hoback officer: President and CEO 601 CORPORATE CIRCLE, GOLDEN CO 80401
Alan A Teran director 2126 KNOLLWOOD DR, BOULDER CO 80302
Eric W Reinhard director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Delta Partners Llc 10 percent owner 265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110