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CleanGo Innovations (FRA:APO) EBIT : €-0.42 Mil (TTM As of Dec. 2023)


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What is CleanGo Innovations EBIT?

CleanGo Innovations's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CleanGo Innovations's annualized ROC % for the quarter that ended in Dec. 2023 was -152.69%. CleanGo Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -222.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CleanGo Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.93%.


CleanGo Innovations EBIT Historical Data

The historical data trend for CleanGo Innovations'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.

CleanGo Innovations EBIT Chart

CleanGo Innovations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -1.35 -0.38 -4.79 -1.16 -0.42

CleanGo Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.88 -0.11 -0.10 -0.11 -0.10

Competitive Comparison of CleanGo Innovations's EBIT

For the Household & Personal Products subindustry, CleanGo Innovations'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.


CleanGo Innovations's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



CleanGo Innovations 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.42 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.


CleanGo Innovations  (FRA:APO) EBIT Explanation

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

CleanGo Innovations's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.752 * ( 1 - 0% )/( (0.441 + 0.544)/ 2 )
=-0.752/0.4925
=-152.69 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

CleanGo Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.412/( ( (0.199 + max(-0.609, 0)) + (0.171 + max(-0.308, 0)) )/ 2 )
=-0.412/( ( 0.199 + 0.171 )/ 2 )
=-0.412/0.185
=-222.70 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.013 + 0.053 + 0.014) - (0.62 + 0.069 + 1.1102230246252E-16)
=-0.609

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 0.049 + 0.053) - (0.425 + 0 + 0)
=-0.308

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.419/3.241
=-12.93 %

* 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.


CleanGo Innovations EBIT Related Terms

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CleanGo Innovations (FRA:APO) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
CleanGo Innovations Inc is to manufacture and sells cleaning, disinfecting and industrial solutions using a proprietary formulation that is non-toxic, biodegradable, and uses no harsh chemicals to provide a green cleaning, disinfecting, and emulsifying solution. This Company also manufactures hand sanitizer gel and wipes which are sold throughout the USA and Canada.