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CMGO (CMG Holdings Group) EBIT : $-0.01 Mil (TTM As of Sep. 2024)


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What is CMG Holdings Group EBIT?

CMG Holdings Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CMG Holdings Group's annualized ROC % for the quarter that ended in Sep. 2024 was -36.24%. CMG Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CMG Holdings Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.42%.


CMG Holdings Group EBIT Historical Data

The historical data trend for CMG Holdings 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.

* Premium members only.

CMG Holdings Group EBIT Chart

CMG Holdings Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 0.05 -0.30 0.04 -0.10

CMG Holdings Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.10 0.12 -0.06 0.04 -0.11

Competitive Comparison of CMG Holdings Group's EBIT

For the Advertising Agencies subindustry, CMG Holdings 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.


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

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

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



CMG Holdings 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.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.


CMG Holdings Group  (OTCPK:CMGO) EBIT Explanation

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

CMG Holdings Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.592 * ( 1 - 0% )/( (1.62 + 1.647)/ 2 )
=-0.592/1.6335
=-36.24 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

CMG Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.436/( ( (0 + max(-0.569, 0)) + (0 + max(-0.652, 0)) )/ 2 )
=-0.436/( ( 0 + 0 )/ 2 )
=-0.436/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.081 + 0.489 + -0.00099999999999989)
=-0.569

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.093 + 0.559 + 0)
=-0.652

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.006/1.430
=-0.42 %

* 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.


CMG Holdings Group EBIT Related Terms

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CMG Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614
CMG Holdings Group Inc is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. It operates in two segments: XA and CMG Holding Group.
Executives
Glenn B Laken director, officer: CEO 2130 N LINCOLN PARK WEST, APT 8N, CHICAGO IL 60614
David J Kovacs director 153 EAST 32ND STREET, UNIT 3C, NEW YORK NY 10016
James Ennis director, officer: Chief Financial Officer 5601 BISCAYNE BLVD., MIAMI FL 31337
Alan Morell director, 10 percent owner, officer: CEO 5601 BISCAYNE BLVD., MIAMI FL 31337
Aaron Joseph Hashim officer: President PO BOX 2346, BAKERSFIELD CA 93303
Annette Lynn Davis director, 10 percent owner PO BOX 2346, BAKERSFIELD CA 93303
Jennifer Ann Davis officer: Secretary PO BOX 2346, BAKERSFIELD CA 93303
Lesa Marie Hashim officer: Treasurer PO BOX 2346, BAKERSFIELD CA 93303

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