GRNBF (GreenBank Capital) EBIT: $-3.87 Mil (TTM As of Apr. 2024)


What is GreenBank Capital EBIT?

GreenBank Capital GRNBF -90.00% EBIT is $-3.87 Mil as of Apr. 2024.

GreenBank Capital's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2024 was $-0.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was $-3.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GreenBank Capital's annualized ROC % for the quarter that ended in Apr. 2024 was -21.29%. GreenBank Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -1,680.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GreenBank Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -102.06%.

GreenBank Capital  (OTCPK:GRNBF) EBIT Explanation

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

GreenBank Capital's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-2.812 * ( 1 - 0% )/( (13.132 + 13.28)/ 2 )
=-2.812/13.206
=-21.29 %

where

Invested Capital(Q: Jan. 2024 )
=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))
=9.69 - 0.643 - ( 0.002 - max(0, 4.091 - 0.006+0.002))
=13.132

Invested Capital(Q: Apr. 2024 )
=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))
=9.696 - 0.809 - ( 0.003 - max(0, 4.437 - 0.044+0.003))
=13.28

Note: The Operating Income data used here is four times the quarterly (Apr. 2024) data.

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

GreenBank Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.748/( ( (0.045 + max(-0.655, 0)) + (0.044 + max(-0.911, 0)) )/ 2 )
=-0.748/( ( 0.045 + 0.044 )/ 2 )
=-0.748/0.0445
=-1,680.90 %

where Working Capital is:

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0) - (0.643 + 0 + 0.013)
=-0.655

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.037) - (0.809 + 0.128 + 0.012)
=-0.911

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2024) EBIT data.

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

GreenBank Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=-3.866/3.788
=-102.06 %

* 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.

GreenBank Capital EBIT Related Terms

GreenBank Capital EBIT Historical Data

* Premium members only.

The historical data trend for GreenBank Capital'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.

GreenBank Capital EBIT Chart

GreenBank Capital Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -1.10 -2.54 0.52 -7.26

GreenBank Capital Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -0.04 -3.23 -0.26 -0.19 -0.19

GRNBF vs CCTL, BEGI, MNTR: EBIT Comparison

For the Capital Markets subindustry, GreenBank Capital'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.

GreenBank Capital EV-to-EBIT vs Capital Markets Industry

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

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


GreenBank Capital 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.87 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 $-3.87 Mil mean?
GreenBank Capital (GRNBF) has a EBIT of $-3.87 Mil as of Apr. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GreenBank Capital.
Is GreenBank Capital's EBIT too high?
GreenBank Capital's current EBIT is $-3.87 Mil.
How does GreenBank Capital's EBIT compare to CCTL and BEGI?
GreenBank Capital's EBIT of $-3.87 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 GreenBank Capital. GreenBank Capital's current EBIT is $-3.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenBank Capital stock overvalued right now?
GreenBank Capital (GRNBF) has a current EBIT of $-3.87 Mil. The current EBIT is $-3.87 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 GreenBank Capital (GRNBF), the current EBIT is $-3.87 Mil as of Apr. 2024. 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.

GreenBank Capital Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
GreenBank Capital Inc is a merchant bank. The company's operating segment include investments, software development, and mineral exploration. The company derives maximum revenue from investments. The company specializes in private equity, public listings, pre-IPO funding, corporate restructuring, mergers and acquisitions, reverse mergers, and business incubating.