Integrated Cannabis Solutions (Integrated Cannabis Solutions) EBIT : $-0.34 Mil (TTM As of Sep. 2022)

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What is Integrated Cannabis Solutions EBIT?

Integrated Cannabis Solutions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Integrated Cannabis Solutions's annualized ROC % for the quarter that ended in Sep. 2022 was -62.65%. Integrated Cannabis Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Integrated Cannabis Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.99%.

Integrated Cannabis Solutions EBIT Historical Data

The historical data trend for Integrated Cannabis Solutions'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.

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Integrated Cannabis Solutions EBIT Chart

Integrated Cannabis Solutions Annual Data

Trend

Dec20

Dec21

EBIT

-0.32

-0.33

Integrated Cannabis Solutions Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial					-0.08	-0.07	-0.08	-0.09	-0.10

Competitive Comparison of Integrated Cannabis Solutions's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, Integrated Cannabis Solutions'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.

Integrated Cannabis Solutions's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Integrated Cannabis Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Integrated Cannabis Solutions's EV-to-EBIT falls into.

Integrated Cannabis Solutions 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.34 Mil.

Integrated Cannabis Solutions (OTCPK:IGPK) EBIT Explanation

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

Integrated Cannabis Solutions's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-0.4 * ( 1 - 0% )	/	( (0.623	+	0.654)	/ 2 )
=	-0.4	/	0.6385
=	-62.65 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	-	0.635	-	( 0	-	max(0, 1.258	-	0	+	0	))
=	0.623

	Invested Capital		(Q: Sep. 2022 )
=	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	-	0.72	-	( 0	-	max(0, 1.374	-	0	+	0	))
=	0.654

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Integrated Cannabis Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.4	/	( ( (0 + max(-0.635, 0))	+	(0 + max(-0.721, 0)) )	/	1 )
=	-0.4	/	( ( 0	+	0 )	/	1 )
=	-0.4	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.635	+	0	+	0)
=	-0.635

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.72	+	0	+	0.0010000000000001)
=	-0.721

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Integrated Cannabis Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-0.339	/	34.192
	=	-0.99 %

Integrated Cannabis Solutions EBIT Related Terms

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Integrated Cannabis Solutions (Integrated Cannabis Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Integrated Cannabis Solutions Inc (OTCPK:IGPK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 N. Florida Mango Road, Site 30, West Palm Beach, FL, USA, 33409

Website

https://www.igpk.org

Integrated Cannabis Solutions Inc is a developmental stage company actively engaged in evaluating investment opportunities for early-stage ventures at the crossroads of the rapidly growing fintech and medical/recreational marijuana industries.

Executives

Eugene Caiazzo

director, officer: CEO, President

1300 N FLORIDA MANGO RD., STE. 30, WEST PALM BEACH FL 33409