Cordia (Cordia) EBIT : $-0.48 Mil (TTM As of Sep. 2022)

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

What is Cordia EBIT?

Cordia's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.48 Mil.

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

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

Cordia EBIT Historical Data

The historical data trend for Cordia'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.

Cordia EBIT Chart

Cordia Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec20

Dec21

EBIT

Get a 7-Day Free Trial

1.13

-2.90

-3.10

0.03

-0.48

Cordia Quarterly Data
	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial															-0.09	-0.35	-0.01	-0.08	-0.04

Competitive Comparison of Cordia's EBIT

For the Restaurants subindustry, Cordia'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.

Cordia's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cordia's EV-to-EBIT distribution charts can be found below:

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

Cordia 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 Mil.

Cordia (OTCPK:CORG) EBIT Explanation

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

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

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-0.148 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.148	/	0
=	%

where

	Invested Capital		(Q: Jun. 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	-	0.244	-	( 0	-	max(0, 0.244	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 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	-	0.289	-	( 0	-	max(0, 0.289	-	0	+	0	))
=	0

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

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

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

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.148	/	( ( (0 + max(-0.244, 0))	+	(0 + max(-0.289, 0)) )	/	1 )
=	-0.148	/	( ( 0	+	0 )	/	1 )
=	-0.148	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.244	+	0	+	0)
=	-0.244

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.289	+	0	+	0)
=	-0.289

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-0.481	/	0.000
	=	%

Cordia EBIT Related Terms

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

Cordia (Cordia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cordia Corp (OTCPK:CORG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Suite 200-A, Reno, NV, USA, 89502

Website

https://cordiakitchens.com

Cordia Corp is an owner, investor, and innovator in the hospitality and restaurant industry. It operates virtual restaurants and develops ghost kitchens. The company through a wholly-owned subsidiary operates the Blind Pig restaurant in Las Vegas. The firm operates two virtual restaurants namely VegasdotPizza and KO Sports Bar and Grill that sell food and beverages on delivery apps.

Executives

Charles G Agule	director	445 HAMILTON AVENUE SUITE 601, WHITE PLAINS NY 10601
Patrick D Freeman	10 percent owner, officer: CTO	13275 W. COLONIAL DRIVE, WINTER GARDEN FL 34787
Robert Majernik	director	10 CANTERBURY ROAD, YONKERS NY 10704
Yoshiyasu Takada	director	CORDIA CORPORATION, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
John Scagnelli	director	C/O CORDIA CORPORATION, 445 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Griffo	officer: President & COO	445 HAMILTON AVENUE, STE 408, WHITE PLAINS NY 10601
Wesley Minella	director, officer: Secretary	C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
Joel Dupre	director, officer: Chief Executive Officer	C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
Gandolfo Verra	director	326 OSCAWANA LAKE ROAD, PUTNAM VALLEY NY 10579
Geils Ventures Llc	10 percent owner	1866 LEITHSVILLE ROAD, HELLERTOWN PA 18055
Alexander Minella	10 percent owner	8815 CONROY-WINDERMERE ROAD, ORLANDO FL 32835
Lorie Guerrera	officer: Principal Financial Officer	445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601