EVBC (Evolution Blockchain Group) EBIT: $-1.10 Mil (TTM As of Jan. 2018)


What is Evolution Blockchain Group EBIT?

Evolution Blockchain Group EVBC -99.75% EBIT is $-1.10 Mil as of Jan. 2018.

Evolution Blockchain Group's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2018 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2018 was $-1.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Evolution Blockchain Group's annualized ROC % for the quarter that ended in Jan. 2018 was -213.64%. Evolution Blockchain Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2018 was %.

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

Evolution Blockchain Group  (OTCPK:EVBC) EBIT Explanation

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

Evolution Blockchain Group's annualized ROC % for the quarter that ended in Jan. 2018 is calculated as:

ROC % (Q: Jan. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2017 ) + Invested Capital (Q: Jan. 2018 ))/ count )
=-0.188 * ( 1 - 0% )/( (0.055 + 0.121)/ 2 )
=-0.188/0.088
=-213.64 %

where

Invested Capital(Q: Oct. 2017 )
=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 - 0.107 - ( 0 - max(0, 0.162 - 0+0))
=0.055

Invested Capital(Q: Jan. 2018 )
=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))
=0.003 - 0.162 - ( 0.003 - max(0, 0.283 - 0.003+0.003))
=0.121

Note: The Operating Income data used here is four times the quarterly (Jan. 2018) data.

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

Evolution Blockchain Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2017  Q: Jan. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.3/( ( (0 + max(-0.106, 0)) + (0 + max(-0.161, 0)) )/ 1 )
=-0.3/( ( 0 + 0 )/ 1 )
=-0.3/0
= %

where Working Capital is:

Working Capital(Q: Oct. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.107 + 0 + -0.001)
=-0.106

Working Capital(Q: Jan. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.162 + 0 + -0.0010000000000001)
=-0.161

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2018 )
=-1.103/0.000
= %

* 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.

Evolution Blockchain Group EBIT Related Terms

Evolution Blockchain Group EBIT Historical Data

* Premium members only.

The historical data trend for Evolution Blockchain 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.

Evolution Blockchain Group EBIT Chart

Evolution Blockchain Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17
EBIT
0.00 -0.05 -0.05 -0.90

Evolution Blockchain Group Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 0.01 -0.85 -0.08 -0.10 -0.08

Evolution Blockchain Group EBIT Competitor Comparison

For the Capital Markets subindustry, Evolution Blockchain 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.

Evolution Blockchain Group EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Evolution Blockchain Group's EV-to-EBIT distribution charts can be found below:

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


Evolution Blockchain 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 Jan. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.10 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 $-1.10 Mil mean?
Evolution Blockchain Group (EVBC) has a EBIT of $-1.10 Mil as of Jan. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Evolution Blockchain Group.
Is Evolution Blockchain Group's EBIT too high?
Evolution Blockchain Group's current EBIT is $-1.10 Mil.
How does Evolution Blockchain Group's EBIT compare to competitors?
Evolution Blockchain Group's EBIT of $-1.10 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Evolution Blockchain Group. Evolution Blockchain Group's current EBIT is $-1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Blockchain Group stock overvalued right now?
Evolution Blockchain Group (EVBC) has a current EBIT of $-1.10 Mil. The current EBIT is $-1.10 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 Evolution Blockchain Group (EVBC), the current EBIT is $-1.10 Mil as of Jan. 2018. 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.

Evolution Blockchain Group Business Description

Address 1853 King Beach Avenue, Las Vegas, NV, USA, 89123-4300
Evolution Blockchain Group Inc is focused on acquiring, developing and launching globally scalable blockchain technology solutions, as well as building cryptocurrency mining operations.