CLVR (Clever Leaves Holdings) EBIT: $-19.65 Mil (TTM As of Dec. 2023)

What is Clever Leaves Holdings EBIT?

Clever Leaves Holdings CLVR -99.50% 12 EBIT is $-19.65 Mil as of Dec. 2023. GuruFocus rates CLVR with a GF Score™ of 12/100.

Clever Leaves Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-5.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-19.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clever Leaves Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -86.37%. Clever Leaves Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -124.58%.

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

Clever Leaves Holdings (OTCPK:CLVR) EBIT Explanation

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

Clever Leaves Holdings'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 )
=	-19.648 * ( 1 - 0% )	/	( (25.992	+	19.505)	/ 2 )
=	-19.648	/	22.7485
=	-86.37 %

where

	Invested Capital		(Q: Sep. 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	))
=	37.777	-	5.313	-	( 6.472	-	max(0, 6.847	-	17.934	+	6.472	))
=	25.992

	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	))
=	31.243	-	4.907	-	( 6.831	-	max(0, 5.811	-	13.94	+	6.831	))
=	19.505

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

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

Clever Leaves Holdings'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 )
=	-20.092	/	( ( (13.572 + max(4.524, 0))	+	(13.15 + max(1.01, 0)) )	/	2 )
=	-20.092	/	( ( 18.096	+	14.16 )	/	2 )
=	-20.092	/	16.128
=	-124.58 %

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)
=	(1.746	+	7.709	+	0.927)	-	(5.313	+	0.437	+	0.108)
=	4.524

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.907	+	4.483	+	0.547)	-	(4.907	+	0.02	+	0)
=	1.01

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-19.645	/	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.

Clever Leaves Holdings EBIT Related Terms

Clever Leaves Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Clever Leaves Holdings's EBIT can be seen below:

Clever Leaves Holdings EBIT Chart

Clever Leaves Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-43.20

-21.44

-37.86

-41.42

-19.68

Clever Leaves Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial												-7.37	-4.13	-3.23	-7.27	-5.02

CLVR vs CNNC, CLSH, PRFX: EBIT Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Clever Leaves 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.

Clever Leaves Holdings EV-to-EBIT vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Clever Leaves Holdings's EV-to-EBIT distribution charts can be found below:

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

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12GF Score

Clever Leaves Holdings Inc CLVR

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Clever Leaves 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.65 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-19.65 Mil mean?

Clever Leaves Holdings (CLVR) has a EBIT of $-19.65 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Clever Leaves Holdings.

Is Clever Leaves Holdings' EBIT too high?

Clever Leaves Holdings' current EBIT is $-19.65 Mil. Overall, Clever Leaves Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Clever Leaves Holdings' EBIT compare to CNNC and CLSH?

Clever Leaves Holdings' EBIT of $-19.65 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?

A good EBIT depends on the Drug Manufacturers 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 Clever Leaves Holdings. Clever Leaves Holdings's current EBIT is $-19.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Clever Leaves Holdings stock overvalued right now?

Clever Leaves Holdings (CLVR) has a current EBIT of $-19.65 Mil. The current EBIT is $-19.65 Mil. Clever Leaves Holdings' overall GF Score™ is 12/100. 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 Clever Leaves Holdings (CLVR), the current EBIT is $-19.65 Mil as of Dec. 2023. 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.

Clever Leaves Holdings Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies CNNC CLSH PRFX AGRX OWPC KOAN ABTI PLSH STEK INQD ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692

Address Bodega 19-B Parque Industrial Tibitoc P.H, Tocancipa, Cundinamarca, Bogota, COL

Website https://www.cleverleaves.com

Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments namely, the Cannabinoid segment which is comprised of the company's cultivation, extraction, and commercialization of cannabinoid products; and the Non-Cannabinoid operating segment which generates maximum revenue and is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.

12GF Score

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