GCFB (Granite City Food & Brewery) EBIT: $-3.9 Mil (TTM As of Jun. 2017)

What is Granite City Food & Brewery EBIT?

Granite City Food & Brewery GCFB EBIT is $-3.9 Mil as of Jun. 2017.

Granite City Food & Brewery's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2017 was $0.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2017 was $-3.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Granite City Food & Brewery's annualized ROC % for the quarter that ended in Jun. 2017 was 2.52%. Granite City Food & Brewery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 4.15%.

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

Granite City Food & Brewery (OTCPK:GCFB) EBIT Explanation

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

Granite City Food & Brewery's annualized ROC % for the quarter that ended in Jun. 2017 is calculated as:

	ROC % (Q: Jun. 2017 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2017 )	+	Invested Capital (Q: Jun. 2017 ))	/ count )
=	2.556 * ( 1 - 0% )	/	( (103.447	+	99.063)	/ 2 )
=	2.556	/	101.255
=	2.52 %

where

	Invested Capital		(Q: Mar. 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	))
=	70.952	-	12.543	-	( 4.829	-	max(0, 53.436	-	8.398	+	4.829	))
=	103.447

	Invested Capital		(Q: Jun. 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	))
=	67.481	-	12.142	-	( 5.223	-	max(0, 52.226	-	8.502	+	5.223	))
=	99.063

Note: The Operating Income data used here is four times the quarterly (Jun. 2017) data.

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

Granite City Food & Brewery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2017 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2017		Q: Jun. 2017
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.928	/	( ( (47.888 + max(-9.367, 0))	+	(45.017 + max(-9.241, 0)) )	/	2 )
=	1.928	/	( ( 47.888	+	45.017 )	/	2 )
=	1.928	/	46.4525
=	4.15 %

where Working Capital is:

	Working Capital		(Q: Mar. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1.858	+	1.711)	-	(12.543	+	0.393	+	0)
=	-9.367

	Working Capital		(Q: Jun. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1.872	+	1.407)	-	(12.142	+	0.378	+	0)
=	-9.241

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.

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

Granite City Food & Brewery's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2017 )
	=	-3.9	/	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.

Granite City Food & Brewery EBIT Related Terms

Granite City Food & Brewery EBIT Historical Data

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The historical data trend for Granite City Food & Brewery's EBIT can be seen below:

Granite City Food & Brewery EBIT Chart

Granite City Food & Brewery Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

EBIT

Get a 7-Day Free Trial

0.81

1.45

1.10

4.05

-0.88

Granite City Food & Brewery Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
EBIT	Get a 7-Day Free Trial															2.46	-1.29	-2.59	-0.50	0.48

GCFB vs BDVB, DBUB, GIGL: EBIT Comparison

For the Restaurants subindustry, Granite City Food & Brewery'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.

Granite City Food & Brewery EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's EV-to-EBIT falls into.

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Granite City Food & Brewery 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.9 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-3.9 Mil mean?

Granite City Food & Brewery (GCFB) has a EBIT of $-3.9 Mil as of Jun. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Granite City Food & Brewery.

Is Granite City Food & Brewery's EBIT too high?

Granite City Food & Brewery's current EBIT is $-3.9 Mil.

How does Granite City Food & Brewery's EBIT compare to BDVB and DBUB?

Granite City Food & Brewery's EBIT of $-3.9 Mil can be compared against companies in the Restaurants 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 Restaurants company?

A good EBIT depends on the Restaurants 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 Granite City Food & Brewery. Granite City Food & Brewery's current EBIT is $-3.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Granite City Food & Brewery stock overvalued right now?

Granite City Food & Brewery (GCFB) has a current EBIT of $-3.9 Mil. The current EBIT is $-3.9 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 Granite City Food & Brewery (GCFB), the current EBIT is $-3.9 Mil as of Jun. 2017. 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.

Granite City Food & Brewery Business Description

Industry Consumer Cyclical Restaurants

Comparable Companies WAR:MRH BDVB WAR:MXP DBUB HKSE:08272 TSXV:GB WAR:SFS WAR:SKN BOM:539273 GIGL ROCO:2740 NZSE:GSH BOM:539659 NSE:CKPLEISURE STRZ BOM:507522 KONAQ LSE:TAST HKSE:08232 WAR:MEX

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343

Website https://www.gcfb.com

Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.