MCOA (Marijuana Company of America) EBIT: $-8.35 Mil (TTM As of Sep. 2022)


What is Marijuana Company of America EBIT?

Marijuana Company of America MCOA -99.00% EBIT is $-8.35 Mil as of Sep. 2022.

Marijuana Company of America's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-3.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-8.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marijuana Company of America's annualized ROC % for the quarter that ended in Sep. 2022 was -34.68%. Marijuana Company of America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -11,655.05%.

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

Marijuana Company of America  (OTCPK:MCOA) EBIT Explanation

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

Marijuana Company of America'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 )
=-3.572 * ( 1 - 0% )/( (10.936 + 9.663)/ 2 )
=-3.572/10.2995
=-34.68 %

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))
=5.691 - 1.984 - ( 0.043 - max(0, 7.828 - 0.599+0.043))
=10.936

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))
=3.468 - 2.328 - ( 0.001 - max(0, 8.982 - 0.459+0.001))
=9.663

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

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

Marijuana Company of America'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 )
=-12.704/( ( (0.112 + max(-2.739, 0)) + (0.106 + max(-3.661, 0)) )/ 2 )
=-12.704/( ( 0.112 + 0.106 )/ 2 )
=-12.704/0.109
=-11,655.05 %

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)
=(0.287 + 0.145 + 0.124) - (1.984 + 0 + 1.311)
=-2.739

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.24 + 0.181 + 0.037) - (2.328 + 0 + 1.791)
=-3.661

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:

Marijuana Company of America's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-8.347/0.000
= %

* 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.

Marijuana Company of America EBIT Related Terms

Marijuana Company of America EBIT Historical Data

* Premium members only.

The historical data trend for Marijuana Company of America'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.

Marijuana Company of America EBIT Chart

Marijuana Company of America Annual Data
Trend Dec00 Dec01 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial -27.60 -4.27 -15.50 -9.15 -5.89

Marijuana Company of America Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -1.22 -1.18 -2.04 -1.95 -3.18

MCOA vs CPHI, BSPK, IGPK: EBIT Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Marijuana Company of America'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.

Marijuana Company of America EV-to-EBIT vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Marijuana Company of America's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marijuana Company of America's EV-to-EBIT falls into.


Marijuana Company of America 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 $-8.35 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 $-8.35 Mil mean?
Marijuana Company of America (MCOA) has a EBIT of $-8.35 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Marijuana Company of America.
Is Marijuana Company of America's EBIT too high?
Marijuana Company of America's current EBIT is $-8.35 Mil.
How does Marijuana Company of America's EBIT compare to CPHI and BSPK?
Marijuana Company of America's EBIT of $-8.35 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good EBIT depends on the Drug Manufacturers 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 Marijuana Company of America. Marijuana Company of America's current EBIT is $-8.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marijuana Company of America stock overvalued right now?
Marijuana Company of America (MCOA) has a current EBIT of $-8.35 Mil. The current EBIT is $-8.35 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 Marijuana Company of America (MCOA), the current EBIT is $-8.35 Mil as of Sep. 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.

Marijuana Company of America Business Description

Address 633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071
Marijuana Company of America Inc is an owner and operator of licensed cannabis cultivation, processing and dispensary facilities and a developer, producer and distributor of branded cannabis and cannabidiol (CBD) products in the United States.