Bow Lake Capital (TSXV:BLCC.P) EBIT : C$-0.04 Mil (TTM As of Mar. 2024)

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What is Bow Lake Capital EBIT?

Bow Lake Capital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bow Lake Capital's annualized ROC % for the quarter that ended in Mar. 2024 was -2,200.00%. Bow Lake Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bow Lake Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -19.35%.

Bow Lake Capital EBIT Historical Data

The historical data trend for Bow Lake Capital'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.

Bow Lake Capital EBIT Chart

Bow Lake Capital Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.09

-0.04

Bow Lake Capital Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial						-0.01	-0.02	-	-0.01	-0.01

Competitive Comparison of Bow Lake Capital's EBIT

For the Shell Companies subindustry, Bow Lake Capital'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.

Bow Lake Capital's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bow Lake Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bow Lake Capital's EV-to-EBIT falls into.

Bow Lake Capital 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Bow Lake Capital (TSXV:BLCC.P) EBIT Explanation

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

Bow Lake Capital's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.044 * ( 1 - 0% )	/	( (0	+	0.004)	/ 2 )
=	-0.044	/	0.002
=	-2,200.00 %

where

	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	))
=	0.454	-	0.006	-	( 0.452	-	max(0, 0.006	-	0.454	+	0.452	))
=	0

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	0.445	-	0.003	-	( 0.438	-	max(0, 0.003	-	0.445	+	0.438	))
=	0.004

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Bow Lake Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.044	/	( ( (0 + max(-0.006, 0))	+	(0 + max(-0.003, 0)) )	/	2 )
=	-0.044	/	( ( 0	+	0 )	/	2 )
=	-0.044	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.006	+	0	+	0)
=	-0.006

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.003	+	0	+	0)
=	-0.003

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Bow Lake Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.036	/	0.186
	=	-19.35 %

Bow Lake Capital EBIT Related Terms

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Bow Lake Capital (TSXV:BLCC.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bow Lake Capital Corp (TSXV:BLCC.P) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 - 5th Avenue SW, 300 Roslyn Building, Calgary, AB, CAN, T2P 0L6

Website

Bow Lake Capital Corp is a capital pool company.

Bow Lake Capital (TSXV:BLCC.P) Headlines

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