NextGen Food Robotics (NEOE:NGRB) EBIT : C$-5.49 Mil (TTM As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is NextGen Food Robotics EBIT?

NextGen Food Robotics's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-5.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NextGen Food Robotics's annualized ROC % for the quarter that ended in Jan. 2024 was -96.82%. NextGen Food Robotics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -98.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NextGen Food Robotics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -90.40%.

NextGen Food Robotics EBIT Historical Data

The historical data trend for NextGen Food Robotics'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.

NextGen Food Robotics EBIT Chart

NextGen Food Robotics Annual Data

Trend

Apr22

Apr23

EBIT

-1.27

-1.91

NextGen Food Robotics Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial						-0.24	-1.14	-2.30	-1.52	-0.53

Competitive Comparison of NextGen Food Robotics's EBIT

For the Packaged Foods subindustry, NextGen Food Robotics'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.

NextGen Food Robotics's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NextGen Food Robotics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NextGen Food Robotics's EV-to-EBIT falls into.

NextGen Food Robotics 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.49 Mil.

NextGen Food Robotics (NEOE:NGRB) EBIT Explanation

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

NextGen Food Robotics's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-2.16 * ( 1 - 0% )	/	( (1.752	+	2.71)	/ 2 )
=	-2.16	/	2.231
=	-96.82 %

where

	Invested Capital		(Q: Oct. 2023 )
=	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	))
=	4.081	-	0.948	-	( 2.245	-	max(0, 1.007	-	2.388	+	2.245	))
=	1.752

	Invested Capital		(Q: Jan. 2024 )
=	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	))
=	3.951	-	0.089	-	( 1.178	-	max(0, 0.247	-	1.399	+	1.178	))
=	2.71

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

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

NextGen Food Robotics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.1	/	( ( (1.693 + max(-0.806, 0))	+	(2.551 + max(0.023, 0)) )	/	2 )
=	-2.1	/	( ( 1.693	+	2.574 )	/	2 )
=	-2.1	/	2.1335
=	-98.43 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.036	+	0	+	0.107)	-	(0.948	+	0	+	0.00099999999999989)
=	-0.806

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.002	+	0	+	0.11)	-	(0.089	+	0	+	0)
=	0.023

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

NextGen Food Robotics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-5.487	/	6.070
	=	-90.40 %

NextGen Food Robotics EBIT Related Terms

Thank you for viewing the detailed overview of NextGen Food Robotics's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

NextGen Food Robotics (NEOE:NGRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NextGen Food Robotics Corp (NEOE:NGRB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

NGRBF:USA O83:Germany

Address

855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9

Website

https://www.nextgenai.ca

NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

NextGen Food Robotics (NEOE:NGRB) Headlines

No Headlines