CRMBQ (Crumbs Bake Shop) EBIT: $-17.37 Mil (TTM As of Mar. 2014)


What is Crumbs Bake Shop EBIT?

Crumbs Bake Shop CRMBQ -99.00% EBIT is $-17.37 Mil as of Mar. 2014.

Crumbs Bake Shop's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2014 was $-4.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was $-17.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crumbs Bake Shop's annualized ROC % for the quarter that ended in Mar. 2014 was -75.06%. Crumbs Bake Shop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was -126.48%.

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

Crumbs Bake Shop  (OTCPK:CRMBQ) EBIT Explanation

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

Crumbs Bake Shop's annualized ROC % for the quarter that ended in Mar. 2014 is calculated as:

ROC % (Q: Mar. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Mar. 2014 ))/ count )
=-13.184 * ( 1 - 0% )/( (18.588 + 16.54)/ 2 )
=-13.184/17.564
=-75.06 %

where

Invested Capital(Q: Dec. 2013 )
=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))
=20.004 - 3.967 - ( 0.893 - max(0, 4.607 - 2.056+0.893))
=18.588

Invested Capital(Q: Mar. 2014 )
=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))
=17.948 - 3.312 - ( 0.301 - max(0, 3.673 - 1.769+0.301))
=16.54

Note: The Operating Income data used here is four times the quarterly (Mar. 2014) data.

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

Crumbs Bake Shop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Mar. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-17.2/( ( (14.598 + max(-3.444, 0)) + (12.601 + max(-2.205, 0)) )/ 2 )
=-17.2/( ( 14.598 + 12.601 )/ 2 )
=-17.2/13.5995
=-126.48 %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.321 + 0.419 + 0.423) - (3.967 + 0.017 + 0.623)
=-3.444

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.29 + 0.363 + 0.815) - (3.312 + 0.027 + 0.334)
=-2.205

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2014) EBIT data.

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

Crumbs Bake Shop's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2014 )
=-17.374/0.000
= %

* 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.

Crumbs Bake Shop EBIT Related Terms

Crumbs Bake Shop EBIT Historical Data

* Premium members only.

The historical data trend for Crumbs Bake Shop'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.

Crumbs Bake Shop EBIT Chart

Crumbs Bake Shop Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
EBIT
-0.00 0.99 -5.42 -10.35 -15.44

Crumbs Bake Shop Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -2.37 -3.21 -4.25 -5.61 -4.30

CRMBQ vs GLUC: EBIT Comparison

For the Packaged Foods subindustry, Crumbs Bake Shop'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.

Crumbs Bake Shop EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Crumbs Bake Shop's EV-to-EBIT distribution charts can be found below:

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


Crumbs Bake Shop 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 Mar. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.37 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-17.37 Mil mean?
Crumbs Bake Shop (CRMBQ) has a EBIT of $-17.37 Mil as of Mar. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Crumbs Bake Shop.
Is Crumbs Bake Shop's EBIT too high?
Crumbs Bake Shop's current EBIT is $-17.37 Mil.
How does Crumbs Bake Shop's EBIT compare to GLUC?
Crumbs Bake Shop's EBIT of $-17.37 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Crumbs Bake Shop. Crumbs Bake Shop's current EBIT is $-17.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crumbs Bake Shop stock overvalued right now?
Crumbs Bake Shop (CRMBQ) has a current EBIT of $-17.37 Mil. The current EBIT is $-17.37 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 Crumbs Bake Shop (CRMBQ), the current EBIT is $-17.37 Mil as of Mar. 2014. 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.

Crumbs Bake Shop Business Description

Address 110 West 40th Street, Suite 2100, New York, NY, USA, 10018
Crumbs Bake Shop Inc through its subsidiary is engaged in selling a wide variety of cupcakes, cakes, cookies and other baked goods as well as hot and cold beverages. It offers these products through its stores, e-commerce division, catering services and wholesale distribution business. Apart from cupcakes, the company also offers other baked goods, including cakes, cookies, pastries, scones, croissants, brownies, push-pops and muffins. The company also offers beverages such as drip coffees, espresso-based drinks, whole-leaf teas, and hot chocolate, as well as a variety of cold drinks.