KIARF (Kiaro Holdings) EBIT: $-11.26 Mil (TTM As of Oct. 2022)


What is Kiaro Holdings EBIT?

Kiaro Holdings KIARF EBIT is $-11.26 Mil as of Oct. 2022.

Kiaro Holdings's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2022 was $-4.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2022 was $-11.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kiaro Holdings's annualized ROC % for the quarter that ended in Oct. 2022 was -85.19%. Kiaro Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 was -302.95%.

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

Kiaro Holdings  (OTCPK:KIARF) EBIT Explanation

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

Kiaro Holdings's annualized ROC % for the quarter that ended in Oct. 2022 is calculated as:

ROC % (Q: Oct. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2022 ) + Invested Capital (Q: Oct. 2022 ))/ count )
=-9.016 * ( 1 - 0% )/( (11.555 + 9.611)/ 2 )
=-9.016/10.583
=-85.19 %

where

Invested Capital(Q: Jul. 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))
=14.725 - 3.906 - ( 1.119 - max(0, 5.196 - 4.46+1.119))
=11.555

Invested Capital(Q: Oct. 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))
=9.635 - 1.678 - ( 0.937 - max(0, 5.333 - 3.679+0.937))
=9.611

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

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

Kiaro Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2022  Q: Oct. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-19.148/( ( (8.419 + max(-0.566, 0)) + (4.222 + max(-1.238, 0)) )/ 2 )
=-19.148/( ( 8.419 + 4.222 )/ 2 )
=-19.148/6.3205
=-302.95 %

where Working Capital is:

Working Capital(Q: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.46 + 2.648 + 0.233) - (3.906 + 0 + 0.00099999999999945)
=-0.566

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.056 + 0.427 + 2.259) - (1.678 + 0 + 2.302)
=-1.238

When net working capital is negative, 0 is used.

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

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

Kiaro Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2022 )
=-11.256/0.000
= %

* 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.

Kiaro Holdings EBIT Related Terms

Kiaro Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings EBIT Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
EBIT
-6.08 -6.98

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.03 -4.49 -1.14 -0.84 -4.79

KIARF vs WBA: EBIT Comparison

For the Pharmaceutical Retailers subindustry, Kiaro Holdings'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.

Kiaro Holdings EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kiaro Holdings's EV-to-EBIT distribution charts can be found below:

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


Kiaro Holdings 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 Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.26 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 $-11.26 Mil mean?
Kiaro Holdings (KIARF) has a EBIT of $-11.26 Mil as of Oct. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kiaro Holdings.
Is Kiaro Holdings' EBIT too high?
Kiaro Holdings' current EBIT is $-11.26 Mil.
How does Kiaro Holdings' EBIT compare to WBA?
Kiaro Holdings' EBIT of $-11.26 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services 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 Kiaro Holdings. Kiaro Holdings's current EBIT is $-11.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current EBIT of $-11.26 Mil. The current EBIT is $-11.26 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 Kiaro Holdings (KIARF), the current EBIT is $-11.26 Mil as of Oct. 2022. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.