Nova Cannabis (TSX:NOVC) EBIT per Share : C$0.13 (TTM As of Dec. 2023)

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What is Nova Cannabis EBIT per Share?

Nova Cannabis's EBIT per Share for the three months ended in Dec. 2023 was C$0.03. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.13.

During the past 3 years, the average EBIT per Share Growth Rate was 470.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Nova Cannabis's EBIT per Share or its related term are showing as below:

TSX:NOVC' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: 8.7 Med: 239.75 Max: 470.8
Current: 470.8

During the past 5 years, the highest 3-Year average EBIT per Share Growth Rate of Nova Cannabis was 470.80% per year. The lowest was 8.70% per year. And the median was 239.75% per year.

TSX:NOVC's 3-Year EBIT Growth Rate is ranked better than
99.8% of 507 companies
in the Healthcare Providers & Services industry
Industry Median: 7.9 vs TSX:NOVC: 470.80

Nova Cannabis's EBIT for the three months ended in Dec. 2023 was C$1.6 Mil.

Nova Cannabis EBIT per Share Historical Data

The historical data trend for Nova Cannabis's EBIT per Share 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.

Nova Cannabis EBIT per Share Chart

Nova Cannabis Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT per Share

-0.09

-0.34

-0.13

0.13

Nova Cannabis Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT per Share	Get a 7-Day Free Trial											-0.07	0.01	0.04	0.06	0.03

Nova Cannabis EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Nova Cannabis's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

	EBIT per Share		(A: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	7.657	/	57.664
=	0.13

Nova Cannabis's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

	EBIT per Share		(Q: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	1.624	/	57.746
=	0.03

EBIT per Share 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$0.13

Nova Cannabis (TSX:NOVC) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Nova Cannabis EBIT per Share Related Terms

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Nova Cannabis (TSX:NOVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nova Cannabis Inc (TSX:NOVC) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

NVACF:USA 2LK:Germany

Address

101, 17220 Stony Plain Road NW, Edmonton, AB, CAN, T5S 1K6

Website

https://www.novacannabisstore.com

Nova Cannabis Inc is engaged in the operation of retail cannabis stores in Canada. It operates approximately 88 retail cannabis stores in Alberta, 16 in Ontario, and one in Saskatchewan. Some of its brands are Value Buds and Sweet Tree Cannabis Co. The company's products include Dried flowers, Pre-rolls, Candy and Cartridges, among others.

Nova Cannabis (TSX:NOVC) Headlines

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