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Freeze Tag (Freeze Tag) EBIT : $-0.16 Mil (TTM As of Dec. 2023)


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What is Freeze Tag EBIT?

Freeze Tag's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Freeze Tag's annualized ROC % for the quarter that ended in Dec. 2023 was -51.24%. Freeze Tag's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4,033.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Freeze Tag's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.25%.


Freeze Tag EBIT Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag EBIT Chart

Freeze Tag Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.23 0.34 0.25 -0.16

Freeze Tag 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 0.06 -0.04 0.04 -0.04 -0.12

Competitive Comparison of Freeze Tag's EBIT

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.


Freeze Tag's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freeze Tag's EV-to-EBIT distribution charts can be found below:

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



Freeze Tag 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 $-0.16 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.


Freeze Tag  (OTCPK:FRZT) EBIT Explanation

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

Freeze Tag'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 )
=-0.484 * ( 1 - 0% )/( (0.957 + 0.932)/ 2 )
=-0.484/0.9445
=-51.24 %

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:

Freeze Tag'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 )
=-0.484/( ( (0.013 + max(-0.62, 0)) + (0.011 + max(-0.6, 0)) )/ 2 )
=-0.484/( ( 0.013 + 0.011 )/ 2 )
=-0.484/0.012
=-4,033.33 %

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)
=(0.024 + 0 + 0.02) - (0.656 + 0.008 + 0)
=-0.62

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.02 + 0 + 0.021) - (0.633 + 0.008 + -2.2204460492503E-16)
=-0.6

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.157/0.910
=-17.25 %

* 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.


Freeze Tag EBIT Related Terms

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


Freeze Tag (Freeze Tag) Business Description

Traded in Other Exchanges
N/A
Address
360 E 1st Street, Suite 450, Tustin, CA, USA, 92780
Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.
Executives
Vardeman Robert Don Jr director, 10 percent owner, officer: President 1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland director, 10 percent owner, officer: President and CEO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo director, 10 percent owner, officer: Secretary and CFO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780

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