GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bang Holdings Corp (OTCPK:BXNG) » Definitions » EBIT

Bang Holdings (Bang Holdings) EBIT : $-0.37 Mil (TTM As of Jun. 2018)


View and export this data going back to 2016. Start your Free Trial

What is Bang Holdings EBIT?

Bang Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2018 was $-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was $-0.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bang Holdings's annualized ROC % for the quarter that ended in Jun. 2018 was -51.31%. Bang Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -7,490.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bang Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -12,200.00%.


Bang Holdings EBIT Historical Data

The historical data trend for Bang Holdings'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.

Bang Holdings EBIT Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
EBIT
- -1.40 -1.12 -0.63

Bang Holdings Quarterly Data
Sep14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -0.25 -0.10 -0.04 -0.12 -0.10

Competitive Comparison of Bang Holdings's EBIT

For the Advertising Agencies subindustry, Bang Holdings'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.


Bang Holdings's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bang Holdings's EV-to-EBIT distribution charts can be found below:

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



Bang Holdings 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.37 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.


Bang Holdings  (OTCPK:BXNG) EBIT Explanation

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

Bang Holdings's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

ROC % (Q: Jun. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2018 ) + Invested Capital (Q: Jun. 2018 ))/ count )
=-0.412 * ( 1 - 0% )/( (1.009 + 0.597)/ 2 )
=-0.412/0.803
=-51.31 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2018) data.

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

Bang Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2018  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.412/( ( (0.006 + max(-0.754, 0)) + (0.005 + max(-0.834, 0)) )/ 2 )
=-0.412/( ( 0.006 + 0.005 )/ 2 )
=-0.412/0.0055
=-7,490.91 %

where Working Capital is:

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.048 + 0 + 0.001) - (0.392 + 0 + 0.411)
=-0.754

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.049 + 0 + 0.001) - (0.884 + 0 + 0)
=-0.834

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2018 )
=-0.366/0.003
=-12,200.00 %

* 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.


Bang Holdings EBIT Related Terms

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


Bang Holdings (Bang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.