BYND Cannasoft Enterprises (XCNQ:BYND) EBIT : C$-5.26 Mil (TTM As of Dec. 2023)

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What is BYND Cannasoft Enterprises EBIT?

BYND Cannasoft Enterprises's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-2.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-5.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BYND Cannasoft Enterprises's annualized ROC % for the quarter that ended in Dec. 2023 was -21.21%. BYND Cannasoft Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -953.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BYND Cannasoft Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 512.28%.

BYND Cannasoft Enterprises EBIT Historical Data

The historical data trend for BYND Cannasoft Enterprises'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.

BYND Cannasoft Enterprises EBIT Chart

BYND Cannasoft Enterprises Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.56

-1.74

-5.26

BYND Cannasoft Enterprises Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial										-0.80	-0.70	-1.14	-1.38	-2.03

Competitive Comparison of BYND Cannasoft Enterprises's EBIT

For the Software - Infrastructure subindustry, BYND Cannasoft Enterprises'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.

BYND Cannasoft Enterprises's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where BYND Cannasoft Enterprises's EV-to-EBIT falls into.

BYND Cannasoft Enterprises 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.26 Mil.

BYND Cannasoft Enterprises (XCNQ:BYND) EBIT Explanation

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

BYND Cannasoft Enterprises's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-8.6 * ( 1 - 0.35% )	/	( (47.141	+	33.65)	/ 2 )
=	-8.5699	/	40.3955
=	-21.21 %

where

	Invested Capital		(Q: Sep. 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	))
=	49.554	-	0.23	-	( 2.183	-	max(0, 0.292	-	2.894	+	2.183	))
=	47.141

	Invested Capital		(Q: Dec. 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	))
=	36.801	-	0.709	-	( 3.114	-	max(0, 0.887	-	3.329	+	3.114	))
=	33.65

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

BYND Cannasoft Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-8.104	/	( ( (1.227 + max(0.463, 0))	+	(0.01 + max(-0.643, 0)) )	/	2 )
=	-8.104	/	( ( 1.69	+	0.01 )	/	2 )
=	-8.104	/	0.85
=	-953.41 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.119	+	0	+	0.591)	-	(0.23	+	0.018	+	-0.0010000000000001)
=	0.463

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.119	+	0	+	0.078)	-	(0.709	+	0.132	+	-0.001)
=	-0.643

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

BYND Cannasoft Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-5.256	/	-1.026
	=	512.28 %

BYND Cannasoft Enterprises EBIT Related Terms

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BYND Cannasoft Enterprises (XCNQ:BYND) Business Description

Industry

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Traded in Other Exchanges

BCAN:USA

Address

2264 East 11th Avenue, Vancouver, BC, CAN, V5N 1Z6

Website

https://cannasoft-crm.com

BYND Cannasoft Enterprises Inc is engaged in the continued development of its new Benefit CRM and Cannabis CRM Platform along with construction, licensing, and operation of the Cannabis Farm and indoor cannabis growing facility.