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Greenlane Holdings EBIT

: $-27.6 Mil (TTM As of Mar. 2020)
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Greenlane Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2020 was $-16.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2020 was $-27.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greenlane Holdings's annualized ROC % for the quarter that ended in Mar. 2020 was -42.26%. Greenlane Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was -113.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greenlane Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was -22.84%.


Greenlane Holdings EBIT Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Greenlane Holdings Annual Data
Dec17 Dec18 Dec19
EBIT 2.74 -2.38 -27.91

Greenlane Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.05 -3.19 2.22 -9.90 -16.71

Greenlane Holdings 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. 2020 was -3.188 (Jun. 2019 ) + 2.221 (Sep. 2019 ) + -9.895 (Dec. 2019 ) + -16.71 (Mar. 2020 ) = $-27.6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Greenlane Holdings  (NAS:GNLN) EBIT Explanation

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

Greenlane Holdings's annualized ROC % for the quarter that ended in Mar. 2020 is calculated as:

ROC % (Q: Mar. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2019 ) + Invested Capital (Q: Mar. 2020 ))/ count )
=-34.616 * ( 1 - 0.48% )/( (86.785 + 76.248)/ 2 )
=-34.4498432/81.5165
=-42.26 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2020) data.

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

Greenlane Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2019  Q: Mar. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-66.84/( ( (17.86 + max(42.311, 0)) + (18.252 + max(39.47, 0)) )/ 2 )
=-66.84/( ( 60.171 + 57.722 )/ 2 )
=-66.84/58.9465
=-113.39 %

where Working Capital is:

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.091 + 43.06 + 16.044) - (18.644 + 3.152 + 3.088)
=42.311

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.513 + 42.965 + 11.779) - (14.379 + 2.583 + 4.825)
=39.47

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2020) EBIT data.

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

Greenlane Holdings's Earnings Yield (Joel Greenblatt) %for the quarter that ended in Mar. 2020 is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2020 )
=-27.572/120.742284
=-22.84 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Greenlane Holdings EBIT Related Terms


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