SIQ Mountain Industries (TSXV:SIQ.H) EBIT : C$-0.04 Mil (TTM As of Feb. 2024)

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What is SIQ Mountain Industries EBIT?

SIQ Mountain Industries's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was C$-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SIQ Mountain Industries's annualized ROC % for the quarter that ended in Feb. 2024 was %. SIQ Mountain Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SIQ Mountain Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -2.41%.

SIQ Mountain Industries EBIT Historical Data

The historical data trend for SIQ Mountain Industries'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.

SIQ Mountain Industries EBIT Chart

SIQ Mountain Industries Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

EBIT

Get a 7-Day Free Trial

-0.87

-1.05

-0.43

-0.05

-0.03

SIQ Mountain Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EBIT	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-	-0.01

Competitive Comparison of SIQ Mountain Industries's EBIT

For the Conglomerates subindustry, SIQ Mountain Industries'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.

SIQ Mountain Industries's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SIQ Mountain Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SIQ Mountain Industries's EV-to-EBIT falls into.

SIQ Mountain Industries 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

SIQ Mountain Industries (TSXV:SIQ.H) EBIT Explanation

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

SIQ Mountain Industries's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

	ROC % (Q: Feb. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2023 )	+	Invested Capital (Q: Feb. 2024 ))	/ count )
=	-0.052 * ( 1 - 0% )	/	( (0	+	0)	/ 2 )
=	-0.052	/	0
=	%

where

	Invested Capital		(Q: Nov. 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	))
=	0.109	-	0.036	-	( 0.108	-	max(0, 0.036	-	0.109	+	0.108	))
=	0

	Invested Capital		(Q: Feb. 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	))
=	0.089	-	0.029	-	( 0.088	-	max(0, 0.029	-	0.089	+	0.088	))
=	0

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

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

SIQ Mountain Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.052	/	( ( (0 + max(-0.035, 0))	+	(0 + max(-0.028, 0)) )	/	2 )
=	-0.052	/	( ( 0	+	0 )	/	2 )
=	-0.052	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0	+	0)	-	(0.036	+	0	+	0)
=	-0.035

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0	+	0)	-	(0.029	+	0	+	0)
=	-0.028

When net working capital is negative, 0 is used.

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

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

SIQ Mountain Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2024 )
	=	-0.04	/	1.660
	=	-2.41 %

SIQ Mountain Industries EBIT Related Terms

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SIQ Mountain Industries (TSXV:SIQ.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SIQ Mountain Industries Inc (TSXV:SIQ.H) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

13966 18B Avenue, South Surrey, BC, CAN, V4A 8J1

Website

http://www.siqmountain.com

SIQ Mountain Industries Inc is an early stage development organization focused on the design, engineering, marketing, production and distribution of various proprietary outdoor sports entertainment products. The company offers equipment, apparels accessories which include SiQride, efoil, hoodies, SiQ logo stickers among others.

SIQ Mountain Industries (TSXV:SIQ.H) Headlines

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