Cannagistics (Cannagistics) EBIT : $-16.06 Mil (TTM As of Apr. 2022)

View and export this data going back to 2005. Start your Free Trial

What is Cannagistics EBIT?

Cannagistics's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2022 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2022 was $-16.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cannagistics's annualized ROC % for the quarter that ended in Apr. 2022 was -4.37%. Cannagistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was %.

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

Cannagistics EBIT Historical Data

The historical data trend for Cannagistics'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.

Cannagistics EBIT Chart

Cannagistics Annual Data

Trend

Jul08

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

EBIT

Get a 7-Day Free Trial

-10.72

-1.74

-7.72

-1.79

-16.59

Cannagistics Quarterly Data
	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
EBIT	Get a 7-Day Free Trial															-0.22	-15.23	-0.62	-0.16	-0.05

Competitive Comparison of Cannagistics's EBIT

For the Shell Companies subindustry, Cannagistics'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.

Cannagistics's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cannagistics's EV-to-EBIT distribution charts can be found below:

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

Cannagistics 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 Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.06 Mil.

Cannagistics (OTCPK:CNGT) EBIT Explanation

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

Cannagistics's annualized ROC % for the quarter that ended in Apr. 2022 is calculated as:

	ROC % (Q: Apr. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2022 )	+	Invested Capital (Q: Apr. 2022 ))	/ count )
=	-0.216 * ( 1 - 0% )	/	( (4.591	+	5.303)	/ 2 )
=	-0.216	/	4.947
=	-4.37 %

where

	Invested Capital		(Q: Jan. 2022 )
=	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	))
=	0.058	-	1.771	-	( 0.001	-	max(0, 6.362	-	0.058	+	0.001	))
=	4.591

	Invested Capital		(Q: Apr. 2022 )
=	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	))
=	0.082	-	1.403	-	( 0	-	max(0, 6.706	-	0.082	+	0	))
=	5.303

Note: The Operating Income data used here is four times the quarterly (Apr. 2022) data.

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

Cannagistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2022		Q: Apr. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.216	/	( ( (0 + max(-2.709, 0))	+	(0 + max(-2.285, 0)) )	/	2 )
=	-0.216	/	( ( 0	+	0 )	/	2 )
=	-0.216	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jan. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.024)	-	(1.771	+	0	+	0.962)
=	-2.709

	Working Capital		(Q: Apr. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.025)	-	(1.403	+	0	+	0.907)
=	-2.285

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Apr. 2022 )
	=	-16.057	/	0.000
	=	%

Cannagistics EBIT Related Terms

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