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BT Brands (BT Brands) EBIT : $-0.94 Mil (TTM As of Dec. 2023)


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What is BT Brands EBIT?

BT Brands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BT Brands's annualized ROC % for the quarter that ended in Dec. 2023 was -34.86%. BT Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -41.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BT Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -15.03%.


BT Brands EBIT Historical Data

The historical data trend for BT Brands'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.

BT Brands EBIT Chart

BT Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.36 1.10 0.98 -0.63 -0.94

BT Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.49 -0.15 -0.26 0.02 -0.55

Competitive Comparison of BT Brands's EBIT

For the Restaurants subindustry, BT Brands'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.


BT Brands's EV-to-EBIT Distribution in the Restaurants Industry

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

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



BT Brands 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 $-0.94 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.


BT Brands  (NAS:BTBD) EBIT Explanation

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

BT Brands'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 )
=-3.116 * ( 1 - 11.03% )/( (7.892 + 8.014)/ 2 )
=-2.7723052/7.953
=-34.86 %

where

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

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

BT Brands'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 )
=-2.192/( ( (5.331 + max(-0.363, 0)) + (5.295 + max(-0.499, 0)) )/ 2 )
=-2.192/( ( 5.331 + 5.295 )/ 2 )
=-2.192/5.313
=-41.26 %

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)
=(0.055 + 0.193 + 0.296) - (0.848 + 0 + 0.059)
=-0.363

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.029 + 0.201 + 0.306) - (0.916 + 0 + 0.119)
=-0.499

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.935/6.221
=-15.03 %

* 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.


BT Brands EBIT Related Terms

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BT Brands (BT Brands) Business Description

Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. The company also operates in Minnesota as a franchisee of Dairy Queen. It offers a variety of burgers and other affordably priced foods such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks.
Executives
Gary Copperud director, 10 percent owner, officer: Chief Executive Officer 405 WEST MAIN STREET, WEST FARGO ND 58078
Allan D Anderson director 950 BLUFF CIRCLE NORTH, CHASKA MN 55318
Terri Tochihara-dirks director 405 WEST MAIN AVENUE, SUITE 20, WEST FARGO ND 58078
Steven W Schussler director 720 S FIFTH STREET, HOPKINS MN 55343
Jeffrey A Zinnecker director, 10 percent owner 405 WEST MAIN STREET, WEST FARGO ND 58078
Kenneth William Brimmer director, officer: Chief Operating Officer SUITE 102, 10501 WAYZATA BLVD., MINNETONKA MN 55305
Sally Copperud 10 percent owner 405 WEST MAIN, WEST FARGO ND 58078