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Boxed (BOXDQ) EBIT : $-96.9 Mil (TTM As of Sep. 2022)


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What is Boxed EBIT?

Boxed's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-21.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-96.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Boxed's annualized ROC % for the quarter that ended in Sep. 2022 was -97.89%. Boxed's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -490.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Boxed's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -96.75%.


Boxed EBIT Historical Data

The historical data trend for Boxed'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.

Boxed EBIT Chart

Boxed Annual Data
Trend Dec18 Dec19 Dec20 Dec21
EBIT
-50.23 -65.69 -28.69 -49.04

Boxed Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.37 -18.23 -29.01 -28.09 -21.59

Competitive Comparison of Boxed's EBIT

For the Internet Retail subindustry, Boxed'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.


Boxed's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boxed's EV-to-EBIT distribution charts can be found below:

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



Boxed 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-96.9 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.


Boxed  (OTCPK:BOXDQ) EBIT Explanation

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

Boxed's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-86.372 * ( 1 - 0% )/( (114.696 + 61.771)/ 2 )
=-86.372/88.2335
=-97.89 %

where

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

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

Boxed's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-86.372/( ( (16.577 + max(-14.643, 0)) + (18.656 + max(-24.495, 0)) )/ 2 )
=-86.372/( ( 16.577 + 18.656 )/ 2 )
=-86.372/17.6165
=-490.29 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.933 + 15.01 + 14.554) - (40.749 + 2.154 + 5.237)
=-14.643

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.239 + 11.081 + 12.267) - (38.883 + 2.03 + 10.169)
=-24.495

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-96.929/100.186
=-96.75 %

* 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.


Boxed EBIT Related Terms

Thank you for viewing the detailed overview of Boxed's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Boxed (BOXDQ) Business Description

Traded in Other Exchanges
N/A
Address
451 Broadway, Floor 2, New York, NY, USA, 10013
Boxed Inc is an e-commerce platform selling bulk, high-repeat consumables to consumers and businesses. It offers wholesale products such as groceries, snacks, beverages, and household and cleaning products. It operates in two segments: Boxed Retail, which generates the majority revenue; and Boxed Software & Services. Retail segment engages in the sale of consumer products and goods in bulk sizes to consumers and businesses in the continental United States. Software & Services segment relates to its research, development, marketing, and production of our propriety software for sale to third parties.
Executives
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
David Michael Miller officer: Chief Technology Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Alison Weick officer: President, E-Commerce C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Mark Zimowski officer: Chief Financial Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Jared Yaman director, officer: Chief Operating Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Chieh E. Huang director, officer: Chief Executive Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Tsukasa Ojima director C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
David Liu director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Andrew C. Pearson officer: Chief Financial Officer 445 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Yun Jung Choi officer: General Counsel & Secretary C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Veracelle A Vega-hansen officer: Chief People Officer C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Gary S Matthews other: See Remarks 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Acm Arrt Vii D Llc 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022
Harshul Sanghi director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Moore Emerson S. Ii director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013

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