Zevia PBC (Zevia PBC) EBIT : $-28.9 Mil (TTM As of Dec. 2023)

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What is Zevia PBC EBIT?

Zevia PBC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-8.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-28.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zevia PBC's annualized ROC % for the quarter that ended in Dec. 2023 was -105.82%. Zevia PBC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -127.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zevia PBC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -196.89%.

Zevia PBC EBIT Historical Data

The historical data trend for Zevia PBC'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.

Zevia PBC EBIT Chart

Zevia PBC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-5.45

-5.48

-87.43

-47.87

-28.94

Zevia PBC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial												-6.35	-3.25	-5.38	-11.42	-8.90

Competitive Comparison of Zevia PBC's EBIT

For the Beverages - Non-Alcoholic subindustry, Zevia PBC'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.

Zevia PBC's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zevia PBC's EV-to-EBIT distribution charts can be found below:

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

Zevia PBC 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 $-28.9 Mil.

Zevia PBC (NYSE:ZVIA) EBIT Explanation

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

Zevia PBC'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 )
=	-35.58 * ( 1 - -0.23% )	/	( (34.114	+	33.286)	/ 2 )
=	-35.661834	/	33.7
=	-105.82 %

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	))
=	116.355	-	43.699	-	( 38.542	-	max(0, 45.581	-	107.221	+	38.542	))
=	34.114

	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	))
=	90.857	-	25.616	-	( 31.955	-	max(0, 27.717	-	82.687	+	31.955	))
=	33.286

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

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

Zevia PBC'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 )
=	-35.58	/	( ( (4.575 + max(23.674, 0))	+	(4.068 + max(23.59, 0)) )	/	2 )
=	-35.58	/	( ( 28.249	+	27.658 )	/	2 )
=	-35.58	/	27.9535
=	-127.28 %

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)
=	(16.372	+	49.398	+	2.909)	-	(43.699	+	0	+	1.306)
=	23.674

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.119	+	34.55	+	5.063)	-	(25.616	+	0	+	1.526)
=	23.59

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:

Zevia PBC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-28.943	/	14.700
	=	-196.89 %

Zevia PBC EBIT Related Terms

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Zevia PBC (Zevia PBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Zevia PBC (NYSE:ZVIA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

15821 Ventura Boulevard, Suite 135, Encino, CA, USA, 91436

Website

https://www.zevia.com

Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero-sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of retailers in the food, drug, mass, natural, and e-commerce channels. It derives a majority of its revenue from the United States.

Executives

Padraic L. Spence	director, officer: See Remarks	C/O PHYSICIANS FORMULA HOLDINGS, INC., 1055 WEST 8TH STREET, AZUSA CA 91702
Amy Taylor	director, officer: President	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Florence Neubauer	officer: Interim CFO	C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Debow Greig P. Jr.	officer: Chief Commercial Officer	C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
White Pine, Inc./wa	10 percent owner	801 SECOND AVENUE, SUITE 1700, SEATTLE WA 98104
Quincy B Troupe	director	C/O THE BOSTON BEER COMPANY, 1 DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210
Denise Dawn Beckles	officer: Chief Financial Officer	C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Lorna R. Simms	officer: See Remarks	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Hany Mikhail	officer: Chief Accounting Officer	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Laird Norton Co Llc	10 percent owner	801 SECOND AVENUE, SUITE 1700, SEATTLE WA 98104
David J. Lee	director	C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Harry Margolis	officer: Chief Operating Officer	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Robert Gay	officer: See Remarks	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Brian Mcguigan	director	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Julie Garcia Ruehl	director	15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436