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Kaspien Holdings (Kaspien Holdings) EBIT : $-7.8 Mil (TTM As of Oct. 2023)


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What is Kaspien Holdings EBIT?

Kaspien Holdings's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2023 was $-0.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2023 was $-7.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kaspien Holdings's annualized ROC % for the quarter that ended in Oct. 2023 was -11.08%. Kaspien Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -14.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kaspien Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -36.36%.


Kaspien Holdings EBIT Historical Data

The historical data trend for Kaspien 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.

* Premium members only.

Kaspien Holdings EBIT Chart

Kaspien Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.58 -14.23 -5.73 -6.14 -15.42

Kaspien Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -2.68 -5.60 -1.26 -0.16 -0.80

Competitive Comparison of Kaspien Holdings's EBIT

For the Software - Application subindustry, Kaspien 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.


Kaspien Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Kaspien Holdings's EV-to-EBIT distribution charts can be found below:

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



Kaspien 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.8 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.


Kaspien Holdings  (OTCPK:KSPN) EBIT Explanation

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

Kaspien Holdings's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

ROC % (Q: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Oct. 2023 ))/ count )
=-3.248 * ( 1 - 0% )/( (29.051 + 29.597)/ 2 )
=-3.248/29.324
=-11.08 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2023) data.

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

Kaspien Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Oct. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.212/( ( (2.95 + max(19.557, 0)) + (2.652 + max(18.294, 0)) )/ 2 )
=-3.212/( ( 22.507 + 20.946 )/ 2 )
=-3.212/21.7265
=-14.78 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.211 + 26.055 + 1.778) - (10.487 + 0 + 0)
=19.557

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.572 + 24.044 + 1.577) - (8.899 + 0 + -3.5527136788005E-15)
=18.294

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2023 )
=-7.819/21.504
=-36.36 %

* 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.


Kaspien Holdings EBIT Related Terms

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Kaspien Holdings (Kaspien Holdings) Business Description

Traded in Other Exchanges
Address
2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216
Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.
Executives
Tom Simpson director 38 CORPORATE CIRCLE, ALBANY NY 12203
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
Brock Kowalchuk officer: Interim Chief Executive Office PO BOX 462, EAST SCHODACK NY 12063
Kunal Chopra officer: CEO - etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Jonathan Anthony Marcus director 100 PINE STREET, SUITE 2700, SAN FRANCISCO CA 94111
Jeffrey Scott Hastings director 38 CORPORATE CIRCLE, ALBANY NY 12203
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Edwin Sapienza officer: Chief Financial Officer 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Miller Lloyd I Iii 10 percent owner
Robert J Higgins director, 10 percent owner, officer: Chairman and CEO C/O TRANS WORLD ENTERTAINMENT CORP, 38 CORPORATE CIRCLE, ALBANY NY 12203
Josh Neblett officer: CEO, etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert J. Higgins Twmc Trust 10 percent owner 38 CORPORATE CIRCLE, ALBANY NY 12203
Christoph Hoerenz officer: Chief Digital and Mktg Officer 38 CORPORATE CIRCLE, ALBANY NY 12033