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INDVR Brands (XCNQ:IDVR) EBIT : C$-7.58 Mil (TTM As of Oct. 2021)


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What is INDVR Brands EBIT?

INDVR Brands's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2021 was C$-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2021 was C$-7.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INDVR Brands's annualized ROC % for the quarter that ended in Oct. 2021 was -10.32%. INDVR Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2021 was -33.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. INDVR Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2021 was -99.46%.


INDVR Brands EBIT Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands EBIT Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 -0.83 - -7.10

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.35 -4.49 -1.20 -1.39 -0.50

Competitive Comparison of INDVR Brands's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.


INDVR Brands's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, INDVR Brands's EV-to-EBIT distribution charts can be found below:

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



INDVR Brands 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 Oct. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.58 Mil.

* 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.


INDVR Brands  (XCNQ:IDVR) EBIT Explanation

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

INDVR Brands's annualized ROC % for the quarter that ended in Oct. 2021 is calculated as:

ROC % (Q: Oct. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2021 ) + Invested Capital (Q: Oct. 2021 ))/ count )
=-1.98 * ( 1 - 0% )/( (19.357 + 19.007)/ 2 )
=-1.98/19.182
=-10.32 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2021) data.

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

INDVR Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2021  Q: Oct. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.98/( ( (5.976 + max(-1.53, 0)) + (5.738 + max(-1.639, 0)) )/ 2 )
=-1.98/( ( 5.976 + 5.738 )/ 2 )
=-1.98/5.857
=-33.81 %

where Working Capital is:

Working Capital(Q: Jul. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.058 + 0.303 + 0.036) - (2.72 + 0 + 0.207)
=-1.53

Working Capital(Q: Oct. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.125 + 0.301 + 0.169) - (3.028 + 0 + 0.206)
=-1.639

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2021) EBIT data.

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

INDVR Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2021 )
=-7.575/7.616
=-99.46 %

* 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.


INDVR Brands EBIT Related Terms

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INDVR Brands (XCNQ:IDVR) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

INDVR Brands (XCNQ:IDVR) Headlines

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