AMHGQ (Amergent Hospitality Group) EBIT: $-2.42 Mil (TTM As of Dec. 2022)


What is Amergent Hospitality Group EBIT?

Amergent Hospitality Group AMHGQ -99.00% EBIT is $-2.42 Mil as of Dec. 2022.

Amergent Hospitality Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-1.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-2.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amergent Hospitality Group's annualized ROC % for the quarter that ended in Dec. 2022 was -27.85%. Amergent Hospitality Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -46.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Amergent Hospitality Group  (OTCPK:AMHGQ) EBIT Explanation

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

Amergent Hospitality Group's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-7.788 * ( 1 - 0% )/( (29.663 + 26.273)/ 2 )
=-7.788/27.968
=-27.85 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=24.12 - 8.122 - ( 0.717 - max(0, 15.82 - 2.155+0.717))
=29.663

Invested Capital(Q: Dec. 2022 )
=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))
=19.185 - 9.245 - ( 0.387 - max(0, 17.969 - 1.636+0.387))
=26.273

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Amergent Hospitality Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.208/( ( (10.852 + max(-6.684, 0)) + (7.314 + max(-7.996, 0)) )/ 2 )
=-4.208/( ( 10.852 + 7.314 )/ 2 )
=-4.208/9.083
=-46.33 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.861 + 0.205 + 0.372) - (8.122 + 0 + 0)
=-6.684

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.869 + 0.158 + 0.222) - (9.245 + 0 + 0)
=-7.996

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

Amergent Hospitality Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-2.417/0.000
= %

* 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.

Amergent Hospitality Group EBIT Related Terms

Amergent Hospitality Group EBIT Historical Data

* Premium members only.

The historical data trend for Amergent Hospitality Group'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.

Amergent Hospitality Group EBIT Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
EBIT
-16.70 -19.90 -2.74 -2.42

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.20 0.16 -0.13 -1.39 -1.05

AMHGQ vs MCD, SBUX, CMG: EBIT Comparison

For the Restaurants subindustry, Amergent Hospitality Group'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.

Amergent Hospitality Group EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Amergent Hospitality Group's EV-to-EBIT falls into.


Amergent Hospitality Group 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.42 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-2.42 Mil mean?
Amergent Hospitality Group (AMHGQ) has a EBIT of $-2.42 Mil as of Dec. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Amergent Hospitality Group.
Is Amergent Hospitality Group's EBIT too high?
Amergent Hospitality Group's current EBIT is $-2.42 Mil.
How does Amergent Hospitality Group's EBIT compare to MCD and SBUX?
Amergent Hospitality Group's EBIT of $-2.42 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Restaurants company?
A good EBIT depends on the Restaurants industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Amergent Hospitality Group. Amergent Hospitality Group's current EBIT is $-2.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amergent Hospitality Group stock overvalued right now?
Amergent Hospitality Group (AMHGQ) has a current EBIT of $-2.42 Mil. The current EBIT is $-2.42 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Amergent Hospitality Group (AMHGQ), the current EBIT is $-2.42 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amergent Hospitality Group Business Description

Address 7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.