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Blue Star Foods's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.86 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blue Star Foods's annualized ROC % for the quarter that ended in Mar. 2024 was -58.82%. Blue Star Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -164.65%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Blue Star Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -52.10%.
The historical data trend for Blue Star Foods'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.
Blue Star Foods Annual Data | ||||||||||||||||
Trend | Oct17 | Oct18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
EBIT | Get a 7-Day Free Trial | -3.95 | -3.57 | -2.29 | -11.52 | -2.70 |
Blue Star Foods Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EBIT | Get a 7-Day Free Trial | -1.60 | -1.14 | 0.35 | -0.32 | -0.76 |
For the Packaged Foods subindustry, Blue Star Foods'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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, Blue Star Foods's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Blue Star Foods's EV-to-EBIT falls into.
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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.86 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.
Blue Star Foods (NAS:BSFC) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Blue Star Foods's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:
ROC % (Q: Mar. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Dec. 2023 ) | + | Invested Capital (Q: Mar. 2024 )) | / count ) |
= | -3.368 * ( 1 - 0% ) | / | ( (5.677 | + | 5.775) | / 2 ) |
= | -3.368 | / | 5.726 | |||
= | -58.82 % |
where
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 | )) |
= | 6.362 | - | 0.661 | - | ( 0.024 | - | max(0, 3.197 | - | 4.096 | + | 0.024 | )) |
= | 5.677 |
Invested Capital | (Q: Mar. 2024 ) | |||||||||||
= | 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 | )) |
= | 6.858 | - | 1.061 | - | ( 0.022 | - | max(0, 3.67 | - | 4.54 | + | 0.022 | )) |
= | 5.775 |
Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Blue Star Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Mar. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Dec. 2023 | Q: Mar. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | -3.032 | / | ( ( (0.429 + max(1.333, 0)) | + | (0.439 + max(1.482, 0)) ) | / | 2 ) |
= | -3.032 | / | ( ( 1.762 | + | 1.921 ) | / | 2 ) |
= | -3.032 | / | 1.8415 | ||||
= | -164.65 % |
where Working Capital is:
Working Capital | (Q: Dec. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0.534 | + | 2.609 | + | 0.929) | - | (0.661 | + | 0.048 | + | 2.03) |
= | 1.333 |
Working Capital | (Q: Mar. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0.911 | + | 2.28 | + | 1.327) | - | (1.061 | + | 0.047 | + | 1.928) |
= | 1.482 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Blue Star Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Mar. 2024 ) |
= | -1.861 | / | 3.572 | |
= | -52.10 % |
* 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.
Thank you for viewing the detailed overview of Blue Star Foods's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Nubar Herian | director | 1120 NW 165TH STREET, MIAMI FL 33169 |
Jeffrey J Guzy | director | 3130 19TH STREET, NORTH, ARLINGTON VA 22201 |
Trond K. Ringstad | director | 1511 THIRD AVENUE, SUITE 788, SEATTLE WA 98101 |
John R Keeler | director, 10 percent owner, officer: Executive Chairman | 3000 NW 109TH AVE, MIAMI FL 33172 |
Juan Carlos Dalto | director | 3059 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361 |
Miozotis Ponce | officer: Chief Operating Officer | 3000 NW 109 AVENUE, MIAMI FL 33172 |
Silvia Sosa Alana | officer: Chief Financial Officer | 3000 NW 109 AVENUE, MIAMI FL 33172 |
Timothy Andrew Mclellan | director | 11016 MILL CREEK WAY, #2407, FORT MYERS FL 33913 |
Christopher Constable | director, officer: CFO, Treasurer and Secretary | 3000 NW 109TH AVE, MIAMI FL 33172 |
Carlos Faria | director, 10 percent owner, officer: President and CEO | 3000 NW 109TH AVE, MIAMI FL 33172 |
Laura E Anthony | director, 10 percent owner, officer: Former CFO Director+10% Holder | LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401 |
Howard Gostfrand | director, 10 percent owner, officer: Former CEO Director+10% Holder | 625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401 |
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