SoLVBL Solutions (SoLVBL Solutions) EBIT : $-2.41 Mil (TTM As of Jun. 2023)

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What is SoLVBL Solutions EBIT?

SoLVBL Solutions's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-2.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SoLVBL Solutions's annualized ROC % for the quarter that ended in Jun. 2023 was -627.54%. SoLVBL Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -46,333.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SoLVBL Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -179.14%.

SoLVBL Solutions EBIT Historical Data

The historical data trend for SoLVBL Solutions'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.

SoLVBL Solutions EBIT Chart

SoLVBL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-0.96

-0.46

-1.86

-1.87

SoLVBL Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT	Get a 7-Day Free Trial													-0.42	-0.31	-0.83	-0.58	-0.70

Competitive Comparison of SoLVBL Solutions's EBIT

For the Software - Application subindustry, SoLVBL Solutions'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.

SoLVBL Solutions's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, SoLVBL Solutions's EV-to-EBIT distribution charts can be found below:

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

SoLVBL Solutions 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.41 Mil.

SoLVBL Solutions (OTCPK:SOLBF) EBIT Explanation

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

SoLVBL Solutions's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-2.78 * ( 1 - 0% )	/	( (0.437	+	0.449)	/ 2 )
=	-2.78	/	0.443
=	-627.54 %

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	0.251	-	0.966	-	( 0.032	-	max(0, 1.397	-	0.245	+	0.032	))
=	0.437

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	0.127	-	1.558	-	( 0.074	-	max(0, 2.001	-	0.121	+	0.074	))
=	0.449

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

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

SoLVBL Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.78	/	( ( (0.006 + max(-1.354, 0))	+	(0.006 + max(-1.982, 0)) )	/	2 )
=	-2.78	/	( ( 0.006	+	0.006 )	/	2 )
=	-2.78	/	0.006
=	-46,333.33 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.043)	-	(0.966	+	0.106	+	0.325)
=	-1.354

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.019)	-	(1.558	+	0.109	+	0.334)
=	-1.982

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

SoLVBL Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-2.413	/	1.347
	=	-179.14 %

SoLVBL Solutions EBIT Related Terms

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SoLVBL Solutions (SoLVBL Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoLVBL Solutions Inc (OTCPK:SOLBF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SOLV:Canada

Address

100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.solvbl.com

SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

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