MENB (Mendocino Brewing Co) EBIT: $-1.14 Mil (TTM As of Sep. 2016)


What is Mendocino Brewing Co EBIT?

Mendocino Brewing Co MENB +900.00% EBIT is $-1.14 Mil as of Sep. 2016.

Mendocino Brewing Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2016 was $-0.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-1.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mendocino Brewing Co's annualized ROC % for the quarter that ended in Sep. 2016 was -6.00%. Mendocino Brewing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -12.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mendocino Brewing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -114,200.00%.

Mendocino Brewing Co  (OTCPK:MENB) EBIT Explanation

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

Mendocino Brewing Co's annualized ROC % for the quarter that ended in Sep. 2016 is calculated as:

ROC % (Q: Sep. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Sep. 2016 ))/ count )
=-1.256 * ( 1 - 0% )/( (21.283 + 20.557)/ 2 )
=-1.256/20.92
=-6.00 %

where

Invested Capital(Q: Jun. 2016 )
=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))
=15.599 - 6.201 - ( 0.102 - max(0, 17.266 - 5.381+0.102))
=21.283

Invested Capital(Q: Sep. 2016 )
=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))
=15.268 - 6.977 - ( 0.085 - max(0, 17.502 - 5.236+0.085))
=20.557

Note: The Operating Income data used here is four times the quarterly (Sep. 2016) data.

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

Mendocino Brewing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.252/( ( (10.024 + max(-0.922, 0)) + (9.844 + max(-1.826, 0)) )/ 2 )
=-1.252/( ( 10.024 + 9.844 )/ 2 )
=-1.252/9.934
=-12.60 %

where Working Capital is:

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.212 + 1.345 + 0.722) - (6.201 + 0 + 0)
=-0.922

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.052 + 1.472 + 0.627) - (6.977 + 0 + -3.5527136788005E-15)
=-1.826

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

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

Mendocino Brewing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=-1.142/0.001
=-114,200.00 %

* 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.

Mendocino Brewing Co EBIT Related Terms

Mendocino Brewing Co EBIT Historical Data

* Premium members only.

The historical data trend for Mendocino Brewing Co'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.

Mendocino Brewing Co EBIT Chart

Mendocino Brewing Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 1.01 -0.30 -0.85 -0.54

Mendocino Brewing Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.16 -0.26 -0.49 -0.08 -0.31

MENB vs SRSG: EBIT Comparison

For the Beverages - Brewers subindustry, Mendocino Brewing Co'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.

Mendocino Brewing Co EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Mendocino Brewing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mendocino Brewing Co's EV-to-EBIT falls into.


Mendocino Brewing Co 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.14 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 $-1.14 Mil mean?
Mendocino Brewing Co (MENB) has a EBIT of $-1.14 Mil as of Sep. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mendocino Brewing Co.
Is Mendocino Brewing Co's EBIT too high?
Mendocino Brewing Co's current EBIT is $-1.14 Mil.
How does Mendocino Brewing Co's EBIT compare to SRSG?
Mendocino Brewing Co's EBIT of $-1.14 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic 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 Mendocino Brewing Co. Mendocino Brewing Co's current EBIT is $-1.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mendocino Brewing Co stock overvalued right now?
Mendocino Brewing Co (MENB) has a current EBIT of $-1.14 Mil. The current EBIT is $-1.14 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 Mendocino Brewing Co (MENB), the current EBIT is $-1.14 Mil as of Sep. 2016. 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.

Mendocino Brewing Co Business Description

Address 1601 Airport Road, Ukiah, CA, USA, 95482
Mendocino Brewing Co Inc belongs to the brewing industry. The company produces ales and lagers in its breweries in the United States. It functions through the segments, of brewing, tavern, and tasting room operations. The company's operations in the North American Territory consist of brewing and marketing craft beers. The firm's operations in the Foreign Territory consist of the marketing and distribution of Kingfisher Premium Lager in the Foreign Territory through Indian restaurants, chain retail grocers, liquor stores, and other retail outlets.