BIGG Digital Assets (BIGG Digital Assets) EBIT : $-1.54 Mil (TTM As of Dec. 2023)

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What is BIGG Digital Assets EBIT?

BIGG Digital Assets's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1.85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BIGG Digital Assets's annualized ROC % for the quarter that ended in Dec. 2023 was 8.50%. BIGG Digital Assets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 136.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BIGG Digital Assets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.01%.

BIGG Digital Assets EBIT Historical Data

The historical data trend for BIGG Digital Assets'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.

BIGG Digital Assets EBIT Chart

BIGG Digital Assets Annual Data

Trend

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-5.76

-4.23

-7.93

-20.71

-6.79

BIGG Digital Assets Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-2.41	-10.64	-0.85	-2.54	1.85

Competitive Comparison of BIGG Digital Assets's EBIT

For the Capital Markets subindustry, BIGG Digital Assets'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.

BIGG Digital Assets's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BIGG Digital Assets's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where BIGG Digital Assets's EV-to-EBIT falls into.

BIGG Digital Assets 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 $-1.54 Mil.

BIGG Digital Assets (OTCPK:BBKCF) EBIT Explanation

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

BIGG Digital Assets'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 )
=	7.384 * ( 1 - 12.05% )	/	( (66.003	+	86.75)	/ 2 )
=	6.494228	/	76.3765
=	8.50 %

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	))
=	72.099	-	2.1	-	( 3.996	-	max(0, 48.42	-	56.784	+	3.996	))
=	66.003

	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	))
=	92.568	-	2.609	-	( 3.209	-	max(0, 68.28	-	77.264	+	3.209	))
=	86.75

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

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

BIGG Digital Assets'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 )
=	7.384	/	( ( (0.324 + max(4.379, 0))	+	(0.318 + max(5.785, 0)) )	/	2 )
=	7.384	/	( ( 4.703	+	6.103 )	/	2 )
=	7.384	/	5.403
=	136.66 %

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)
=	(0.71	+	46.809	+	5.269)	-	(2.1	+	46.309	+	7.105427357601E-15)
=	4.379

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.19	+	67.97	+	4.895)	-	(2.609	+	65.662	+	-0.0010000000000048)
=	5.785

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:

BIGG Digital Assets's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.543	/	38.439
	=	-4.01 %

BIGG Digital Assets EBIT Related Terms

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BIGG Digital Assets (BIGG Digital Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIGG Digital Assets Inc (OTCPK:BBKCF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

7111:Germany BIGG:Canada

Address

1130 West Pender Street, Suite 1220, Vancouver, BC, CAN, V6E 4A4

Website

https://www.biggdigitalassets.com

BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. It has two operating divisions which provide blockchain search products to large enterprises with significant data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. The company operates two business segments: Blockchain Technology Development and Digital Currency Sales via the Netcoins App.