Happy Belly Food Group (STU:W3J) EBIT : €-0.59 Mil (TTM As of Dec. 2023)

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What is Happy Belly Food Group EBIT?

Happy Belly Food Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €-0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Happy Belly Food Group's annualized ROC % for the quarter that ended in Dec. 2023 was -52.00%. Happy Belly Food Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -40.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Happy Belly Food Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.44%.

Happy Belly Food Group EBIT Historical Data

The historical data trend for Happy Belly Food Group'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.

Happy Belly Food Group EBIT Chart

Happy Belly Food Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-4.77

-2.81

-18.34

-1.72

-0.76

Happy Belly Food Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-0.40	-0.68	-0.24	-0.19	-0.16

Competitive Comparison of Happy Belly Food Group's EBIT

For the Packaged Foods subindustry, Happy Belly Food Group'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.

Happy Belly Food Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Happy Belly Food Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Happy Belly Food Group's EV-to-EBIT falls into.

Happy Belly Food Group 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 €-0.59 Mil.

Happy Belly Food Group (STU:W3J) EBIT Explanation

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

Happy Belly Food Group'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 )
=	-1.524 * ( 1 - 0% )	/	( (3.042	+	2.819)	/ 2 )
=	-1.524	/	2.9305
=	-52.00 %

where

	Invested Capital		(Q: Sep. 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	))
=	4.534	-	0.595	-	( 1.191	-	max(0, 1.056	-	1.953	+	1.191	))
=	3.042

	Invested Capital		(Q: Dec. 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	))
=	4.001	-	0.639	-	( 1.079	-	max(0, 0.922	-	1.465	+	1.079	))
=	2.819

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

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

Happy Belly Food Group'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 )
=	-0.636	/	( ( (1.544 + max(-0.266, 0))	+	(1.589 + max(-0.345, 0)) )	/	2 )
=	-0.636	/	( ( 1.544	+	1.589 )	/	2 )
=	-0.636	/	1.5665
=	-40.60 %

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)
=	(0.269	+	0.16	+	0.073)	-	(0.595	+	0.173	+	0)
=	-0.266

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.18	+	0.148	+	0.058)	-	(0.639	+	0.092	+	0)
=	-0.345

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:

Happy Belly Food Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.591	/	40.969
	=	-1.44 %

Happy Belly Food Group EBIT Related Terms

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Happy Belly Food Group (STU:W3J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Happy Belly Food Group Inc (STU:W3J) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

VGANF:USA W3J:Germany HBFG:Canada

Address

1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6

Website

https://www.happybellyfg.com

Happy Belly Food Group Inc is a quick-serve restaurant and consumer packaged goods wellness company bringing delicious foods and retail brands to customers. The Company has two operating segments which are Consumer product goods and Quick restaurant services. The consumer product goods currently consist of two brands namely, Holy Crap which produces and sells breakfast cereal and related food products, and Lumber Heads which produces and sells snack foods. The Company operates a number of plant-based restaurants namely Yamchops, Heal Lifestyle, and Lettuce Love.

Happy Belly Food Group (STU:W3J) Headlines

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