Green Innovations (Green Innovations) EBIT : $-7.28 Mil (TTM As of Dec. 2014)

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What is Green Innovations EBIT?

Green Innovations's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2014 was $-1.83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2014 was $-7.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Green Innovations's annualized ROC % for the quarter that ended in Dec. 2014 was -97.24%. Green Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2014 was -11,967.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Green Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2014 was -1,653.64%.

Green Innovations EBIT Historical Data

The historical data trend for Green Innovations'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.

Green Innovations EBIT Chart

Green Innovations Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

EBIT

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-0.04

-1.13

-7.61

-7.28

Green Innovations Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
EBIT	Get a 7-Day Free Trial															-3.61	-2.65	-0.84	-1.97	-1.83

Competitive Comparison of Green Innovations's EBIT

For the Paper & Paper Products subindustry, Green Innovations'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.

Green Innovations's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Green Innovations's EV-to-EBIT distribution charts can be found below:

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

Green Innovations 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.28 Mil.

Green Innovations (GREY:GNIN) EBIT Explanation

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

Green Innovations's annualized ROC % for the quarter that ended in Dec. 2014 is calculated as:

	ROC % (Q: Dec. 2014 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2014 )	+	Invested Capital (Q: Dec. 2014 ))	/ count )
=	-5.38 * ( 1 - 0% )	/	( (5.344	+	5.721)	/ 2 )
=	-5.38	/	5.5325
=	-97.24 %

where

	Invested Capital		(Q: Sep. 2014 )
=	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	))
=	2.211	-	0.897	-	( 0.076	-	max(0, 5.4	-	1.37	+	0.076	))
=	5.344

	Invested Capital		(Q: Dec. 2014 )
=	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	))
=	2.109	-	1.777	-	( 0.049	-	max(0, 6.674	-	1.285	+	0.049	))
=	5.721

Note: The Operating Income data used here is four times the quarterly (Dec. 2014) data.

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

Green Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2014 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2014 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2014		Q: Dec. 2014
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-7.3	/	( ( (0 + max(0.122, 0))	+	(0 + max(-0.794, 0)) )	/	2 )
=	-7.3	/	( ( 0.122	+	0 )	/	2 )
=	-7.3	/	0.061
=	-11,967.21 %

where Working Capital is:

	Working Capital		(Q: Sep. 2014 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.129	+	1.024	+	0.139)	-	(0.897	+	0.076	+	0.197)
=	0.122

	Working Capital		(Q: Dec. 2014 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.161	+	1.053	+	0.02)	-	(1.777	+	0	+	0.251)
=	-0.794

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2014 )
	=	-7.276	/	0.440
	=	-1,653.64 %

Green Innovations EBIT Related Terms

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Green Innovations (Green Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Green Innovations Ltd (GREY:GNIN) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

3208 Chiquita Boulevard S., Suite 216, Cape Coral, FL, USA, 331914

Website

http://www.greeninnovationsltd.com

Green Innovations Ltd is involved in the business of importing and exporting, distributing and selling bamboo based household products and other paper products in North America. Its products include bath tissues, paper towels, napkins, facial tissue, baby wipes etc. The company markets and sells its products under brand names such as Sensa, Clearly Herbal, Noov, Avanti, and Sensational.

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