GURUFOCUS.COM » STOCK LIST » Technology » Software » eXeBlock Technology Corp (XCNQ:XBLK.X) » Definitions » EBIT

eXeBlock Technology (XCNQ:XBLK.X) EBIT : C$-0.24 Mil (TTM As of May. 2024)


View and export this data going back to 2017. Start your Free Trial

What is eXeBlock Technology EBIT?

eXeBlock Technology's earnings before interest and taxes (EBIT) for the three months ended in May. 2024 was C$-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2024 was C$-0.24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. eXeBlock Technology's annualized ROC % for the quarter that ended in May. 2024 was -122.60%. eXeBlock Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. eXeBlock Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2024 was -25.24%.


eXeBlock Technology EBIT Historical Data

The historical data trend for eXeBlock Technology'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.

eXeBlock Technology EBIT Chart

eXeBlock Technology Annual Data
Trend Jul16 Jul17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial -1.53 -0.32 -0.32 -0.30 -0.25

eXeBlock Technology Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.06 -0.06 -0.06 -0.06 -0.06

Competitive Comparison of eXeBlock Technology's EBIT

For the Software - Application subindustry, eXeBlock Technology'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.


eXeBlock Technology's EV-to-EBIT Distribution in the Software Industry

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

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



eXeBlock Technology 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.24 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.


eXeBlock Technology  (XCNQ:XBLK.X) EBIT Explanation

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

eXeBlock Technology's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

ROC % (Q: May. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: May. 2024 ))/ count )
=-0.236 * ( 1 - 0% )/( (0.193 + 0.192)/ 2 )
=-0.236/0.1925
=-122.60 %

where

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

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

eXeBlock Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.236/( ( (0 + max(-0.096, 0)) + (0 + max(-0.113, 0)) )/ 2 )
=-0.236/( ( 0 + 0 )/ 2 )
=-0.236/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -5.5511151231258E-17) - (0.096 + 0 + 0)
=-0.096

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.113 + 0 + 0)
=-0.113

When net working capital is negative, 0 is used.

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

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

eXeBlock Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2024 )
=-0.24/0.951
=-25.24 %

* 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.


eXeBlock Technology EBIT Related Terms

Thank you for viewing the detailed overview of eXeBlock Technology's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


eXeBlock Technology Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 280, Vancouver, BC, CAN, V6E 3V7
eXeBlock Technology Corp designs and develops software application . The company specializes in the development of blockchain decentralized applications which includes blockchain technology consulting and application development. It serves the gaming and telecommunication industries in Canada.

eXeBlock Technology Headlines

No Headlines