Greenbelt Resources (Greenbelt Resources) EBIT : $ Mil (TTM As of Mar. 2016)

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What is Greenbelt Resources EBIT?

Greenbelt Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2016 was $-0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greenbelt Resources's annualized ROC % for the quarter that ended in Mar. 2016 was -72.99%. Greenbelt Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2016 was -2,145.45%.

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

Greenbelt Resources EBIT Historical Data

The historical data trend for Greenbelt Resources'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.

Greenbelt Resources EBIT Chart

Greenbelt Resources Annual Data

Trend

EBIT

Greenbelt Resources Quarterly Data
	Sep13	Sep14	Mar15	Mar16
EBIT	0.02	-0.22	-0.15	-0.06

Competitive Comparison of Greenbelt Resources's EBIT

For the Pollution & Treatment Controls subindustry, Greenbelt Resources'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.

Greenbelt Resources's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenbelt Resources's EV-to-EBIT distribution charts can be found below:

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

Greenbelt Resources 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

Greenbelt Resources (OTCPK:GRCO) EBIT Explanation

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

Greenbelt Resources's annualized ROC % for the quarter that ended in Mar. 2016 is calculated as:

	ROC % (Q: Mar. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2015 )	+	Invested Capital (Q: Mar. 2016 ))	/ count )
=	-0.1 * ( 1 - 0% )	/	( (0	+	0.137)	/ 1 )
=	-0.1	/	0.137
=	-72.99 %

where

	Invested Capital		(Q: Mar. 2015 )
=	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	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2016 )
=	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	))
=	0.174	-	0.345	-	( 0.014	-	max(0, 0.472	-	0.164	+	0.014	))
=	0.137

Note: The Operating Income data used here is four times the quarterly (Mar. 2016) data.

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

Greenbelt Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2015		Q: Mar. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.236	/	( ( (0 + max(0, 0))	+	(0.011 + max(-0.195, 0)) )	/	1 )
=	-0.236	/	( ( 0	+	0.011 )	/	1 )
=	-0.236	/	0.011
=	-2,145.45 %

where Working Capital is:

	Working Capital		(Q: Mar. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Mar. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.129	+	0	+	0.021)	-	(0.345	+	0	+	0)
=	-0.195

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2016) EBIT data.

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

Greenbelt Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2016 )
	=		/	0.000
	=	%

Greenbelt Resources EBIT Related Terms

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Greenbelt Resources (Greenbelt Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenbelt Resources Corp (OTCPK:GRCO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 86169-6014

Website

http://www.greenbeltresources.com

Greenbelt Resources Corp is a provider of a sustainable energy production system. The company designs, manufactures, operates and sells modular systems that recycle food wastes and beverage wastes into sellable products. Products produced include ultra-low carbon advanced biofuel, fertilizer, animal feed, electricity and filtered and distilled water. Its solutions include Organic Waste Recycling System and Energy Efficient Ethanol Dehydration.

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