GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Canna Global Acquisition Corp (NAS:CNGL) » Definitions » EV-to-EBIT

Canna Global Acquisition (Canna Global Acquisition) EV-to-EBIT : -66.26 (As of May. 12, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Canna Global Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canna Global Acquisition's Enterprise Value is $88.58 Mil. Canna Global Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.34 Mil. Therefore, Canna Global Acquisition's EV-to-EBIT for today is -66.26.

The historical rank and industry rank for Canna Global Acquisition's EV-to-EBIT or its related term are showing as below:

CNGL' s EV-to-EBIT Range Over the Past 10 Years
Min: -846.31   Med: 0   Max: 0
Current: -66.26

CNGL's EV-to-EBIT is ranked worse than
100% of 177 companies
in the Diversified Financial Services industry
Industry Median: 8.75 vs CNGL: -66.26

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canna Global Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $86.34 Mil. Canna Global Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.34 Mil. Canna Global Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.55%.


Canna Global Acquisition EV-to-EBIT Historical Data

The historical data trend for Canna Global Acquisition's EV-to-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.

Canna Global Acquisition EV-to-EBIT Chart

Canna Global Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- -220.32 -64.58

Canna Global Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -220.32 -68.10 -50.72 -50.60 -64.58

Competitive Comparison of Canna Global Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Canna Global Acquisition'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.


Canna Global Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Canna Global Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Canna Global Acquisition's EV-to-EBIT falls into.



Canna Global Acquisition EV-to-EBIT Calculation

Canna Global Acquisition's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=88.584/-1.337
=-66.26

Canna Global Acquisition's current Enterprise Value is $88.58 Mil.
Canna Global Acquisition's 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 $-1.34 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.


Canna Global Acquisition  (NAS:CNGL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Canna Global Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-1.337/86.3444472
=-1.55 %

Canna Global Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $86.34 Mil.
Canna Global Acquisition's 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 $-1.34 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.


Canna Global Acquisition EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Canna Global Acquisition's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Canna Global Acquisition (Canna Global Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4640 Admiralty Way, Suite 500, Marina Del Rey, CA, USA, 90292
Website
Canna Global Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Peng Kong director 1180 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Kah Yong Tham director 1, KIM SENG PROMENADE, #10-01 EAST TOWER, GREAT WORLD CITY U0 237994
George Yap director, officer: Chief Financial Officer 1, KIM SENG PROMENADE, #10-01, EAST TOWER, GREAT WORLD CITY U0 237994
Subramaniam Thavaraj director 29, TAMAN INTAN, KAJANG,SELANGOR N8 43000
Canna-global Llc 10 percent owner 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
J. Gerald Combs director, officer: Chief Executive Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Wian Stander director 45 DORKING RD, LYNNWOOD MANOR, PRETORIA T3 0081