CBGI (Cannabusiness Group) EBIT: $-0.60 Mil (TTM As of Dec. 2007)


What is Cannabusiness Group EBIT?

Cannabusiness Group CBGI -90.00% EBIT is $-0.60 Mil as of Dec. 2007.

Cannabusiness Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2007 was $-0.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2007 was $-0.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cannabusiness Group's annualized ROC % for the quarter that ended in Dec. 2007 was -13.71%. Cannabusiness Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2007 was -113.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Cannabusiness Group  (OTCPK:CBGI) EBIT Explanation

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

Cannabusiness Group's annualized ROC % for the quarter that ended in Dec. 2007 is calculated as:

ROC % (Q: Dec. 2007 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2006 ) + Invested Capital (Q: Dec. 2007 ))/ count )
=-0.6 * ( 1 - 0% )/( (3.791 + 4.963)/ 2 )
=-0.6/4.377
=-13.71 %

where

Invested Capital(Q: Dec. 2006 )
=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))
=4.306 - 1.304 - ( 0.274 - max(0, 2.135 - 1.346+0.274))
=3.791

Invested Capital(Q: Dec. 2007 )
=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))
=6.462 - 2.191 - ( 1.511 - max(0, 3.488 - 2.796+1.511))
=4.963

Note: The Operating Income data used here is one times the annual (Dec. 2007) data.

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

Cannabusiness Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2007 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2007 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2006  Q: Dec. 2007
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.6/( ( (0.415 + max(-0.581, 0)) + (0.646 + max(-1.497, 0)) )/ 2 )
=-0.6/( ( 0.415 + 0.646 )/ 2 )
=-0.6/0.5305
=-113.10 %

where Working Capital is:

Working Capital(Q: Dec. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.095 + 0.555 + 0.266) - (1.304 + 0 + 0.193)
=-0.581

Working Capital(Q: Dec. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.168 + 0.624 + 0.277) - (2.191 + 0 + 0.375)
=-1.497

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2007) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2007 )
=-0.6/0.000
= %

* 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.

Cannabusiness Group EBIT Related Terms

Cannabusiness Group EBIT Historical Data

* Premium members only.

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group EBIT Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.11 -0.29 -0.94 -0.60

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.11 -0.11 -0.29 -0.94 -0.60

CBGI vs BIEI, BKIT, OPTI: EBIT Comparison

For the Real Estate Services subindustry, Cannabusiness Group'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.

Cannabusiness Group EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's EV-to-EBIT distribution charts can be found below:

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


Cannabusiness Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2007 was $-0.60 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.60 Mil mean?
Cannabusiness Group (CBGI) has a EBIT of $-0.60 Mil as of Dec. 2007. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cannabusiness Group.
Is Cannabusiness Group's EBIT too high?
Cannabusiness Group's current EBIT is $-0.60 Mil.
How does Cannabusiness Group's EBIT compare to BIEI and BKIT?
Cannabusiness Group's EBIT of $-0.60 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cannabusiness Group. Cannabusiness Group's current EBIT is $-0.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current EBIT of $-0.60 Mil. The current EBIT is $-0.60 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cannabusiness Group (CBGI), the current EBIT is $-0.60 Mil as of Dec. 2007. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.