CBYI (Cal Bay International) EBIT: $-5.25 Mil (TTM As of Sep. 2006)

What is Cal Bay International EBIT?

Cal Bay International CBYI -99.00% EBIT is $-5.25 Mil as of Sep. 2006.

Cal Bay International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2006 was $-0.91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2006 was $-5.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cal Bay International's annualized ROC % for the quarter that ended in Sep. 2006 was -16.45%. Cal Bay International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2006 was -64.01%.

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

Cal Bay International (OTCPK:CBYI) EBIT Explanation

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

Cal Bay International's annualized ROC % for the quarter that ended in Sep. 2006 is calculated as:

	ROC % (Q: Sep. 2006 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2006 )	+	Invested Capital (Q: Sep. 2006 ))	/ count )
=	-3.656 * ( 1 - % )	/	( (31.619	+	12.836)	/ 2 )
=	-3.656	/	22.2275
=	-16.45 %

where

	Invested Capital		(Q: Jun. 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	))
=	32.473	-	0.593	-	( 0.261	-	max(0, 7.757	-	17.061	+	0.261	))
=	31.619

	Invested Capital		(Q: Sep. 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	))
=	11.49	-	0.005	-	( 0.201	-	max(0, 1.895	-	0.544	+	0.201	))
=	12.836

Note: The Operating Income data used here is four times the quarterly (Sep. 2006) data.

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

Cal Bay International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2006 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2006 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2006		Q: Sep. 2006
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.656	/	( ( (0.249 + max(11.103, 0))	+	(0.071 + max(-1.262, 0)) )	/	2 )
=	-3.656	/	( ( 11.352	+	0.071 )	/	2 )
=	-3.656	/	5.7115
=	-64.01 %

where Working Capital is:

	Working Capital		(Q: Jun. 2006 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(15.37	+	0	+	1.43)	-	(0.593	+	0.035	+	5.069)
=	11.103

	Working Capital		(Q: Sep. 2006 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.293	+	0)	-	(0.005	+	0	+	1.55)
=	-1.262

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2006) EBIT data.

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

Cal Bay International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2006 )
	=	-5.252	/	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.

Cal Bay International EBIT Related Terms

Cal Bay International EBIT Historical Data

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The historical data trend for Cal Bay International's EBIT can be seen below:

Cal Bay International EBIT Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

EBIT

-0.02

-0.71

-0.57

-0.08

-2.70

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
EBIT	Get a 7-Day Free Trial															-0.91	-0.83	-1.67	-1.84	-0.91

CBYI vs PPCQ, RSRT, IDVV: EBIT Comparison

For the Capital Markets subindustry, Cal Bay International'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.

Cal Bay International EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's EV-to-EBIT distribution charts can be found below:

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

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Cal Bay International 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. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.25 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-5.25 Mil mean?

Cal Bay International (CBYI) has a EBIT of $-5.25 Mil as of Sep. 2006. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cal Bay International.

Is Cal Bay International's EBIT too high?

Cal Bay International's current EBIT is $-5.25 Mil.

How does Cal Bay International's EBIT compare to PPCQ and RSRT?

Cal Bay International's EBIT of $-5.25 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?

A good EBIT depends on the Capital Markets 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 Cal Bay International. Cal Bay International's current EBIT is $-5.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cal Bay International stock overvalued right now?

Cal Bay International (CBYI) has a current EBIT of $-5.25 Mil. The current EBIT is $-5.25 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 Cal Bay International (CBYI), the current EBIT is $-5.25 Mil as of Sep. 2006. 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.

Cal Bay International Business Description

Industry Financial Services Capital Markets

Comparable Companies PPCQ RSRT IDVV DHCC OMAG FHRT PGUS MTEHF TNSGF GRWC KDUS TFCCF IOT SFEF VINO PRSI IIPR BTLN KANP HGSH

Address 1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.