CoinSmart Financial (NEOE:SMRT) EBIT: C$-8.95 Mil (TTM As of Mar. 2023)

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NEOE:SMRT CoinSmart Financial Inc NEOE:SMRT
25 GF Score
Price C$0.22
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What is CoinSmart Financial EBIT?

CoinSmart Financial NEOE:SMRT 25 EBIT is C$-8.95 Mil as of Mar. 2023. GuruFocus rates NEOE:SMRT with a GF Score™ of 25/100.

CoinSmart Financial's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was C$0.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was C$-8.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CoinSmart Financial's annualized ROC % for the quarter that ended in Mar. 2023 was 1.75%. CoinSmart Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 287.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CoinSmart Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 16.13%.

CoinSmart Financial  (NEOE:SMRT) EBIT Explanation

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

CoinSmart Financial's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=0.912 * ( 1 - 0% )/( (44.12 + 59.855)/ 2 )
=0.912/51.9875
=1.75 %

where

Invested Capital(Q: Dec. 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))
=53.457 - 1.32 - ( 52.673 - max(0, 44.942 - 52.959+52.673))
=44.12

Invested Capital(Q: Mar. 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))
=69.784 - 1.476 - ( 69.019 - max(0, 60.891 - 69.344+69.019))
=59.855

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

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

CoinSmart Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.348/( ( (0.497 + max(-44.449, 0)) + (0.44 + max(-60.371, 0)) )/ 2 )
=1.348/( ( 0.497 + 0.44 )/ 2 )
=1.348/0.4685
=287.73 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.286) - (1.32 + 42.426 + 0.989)
=-44.449

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.32499999999999) - (1.476 + 58.55 + 0.67)
=-60.371

When net working capital is negative, 0 is used.

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

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

CoinSmart Financial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=-8.949/-55.469
=16.13 %

* 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.

CoinSmart Financial EBIT Related Terms

CoinSmart Financial EBIT Historical Data

* Premium members only.

The historical data trend for CoinSmart Financial'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.

CoinSmart Financial EBIT Chart

CoinSmart Financial Annual Data
Trend Dec20 Dec21 Dec22
EBIT
0.63 -1.67 -11.01

CoinSmart Financial Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.72 -6.44 -1.30 -1.55 0.34

NEOE:SMRT vs CRM, INTU, NOW: EBIT Comparison

For the Software - Application subindustry, CoinSmart Financial'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.

CoinSmart Financial EV-to-EBIT vs Software Industry

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

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


NEOE:SMRT
25GF Score
CoinSmart Financial Inc NEOE:SMRT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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CoinSmart Financial 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.95 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 C$-8.95 Mil mean?
CoinSmart Financial (NEOE:SMRT) has a EBIT of C$-8.95 Mil as of Mar. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CoinSmart Financial.
Is CoinSmart Financial's EBIT too high?
CoinSmart Financial's current EBIT is C$-8.95 Mil. Overall, CoinSmart Financial has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CoinSmart Financial's EBIT compare to CRM and INTU?
CoinSmart Financial's EBIT of C$-8.95 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 CoinSmart Financial. CoinSmart Financial's current EBIT is C$-8.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoinSmart Financial stock overvalued right now?
CoinSmart Financial (NEOE:SMRT) has a current EBIT of C$-8.95 Mil. The current EBIT is C$-8.95 Mil. CoinSmart Financial's overall GF Score™ is 25/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CoinSmart Financial (NEOE:SMRT), the current EBIT is C$-8.95 Mil as of Mar. 2023. 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.

CoinSmart Financial Business Description

Address 1075 Bay Street, Unit 403, Toronto, ON, CAN, M5B 2B2
CoinSmart Financial Inc is a Toronto-based fintech company that operates an online crypto asset trading platform that provides a secure and intuitive platform for trading crypto assets. It is a digital asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum, combined with the seamless ability to on-ramp and off-ramp fiat. The CoinSmart Platform lists liquid crypto assets, including Bitcoin, Ether,Polkadot, Shiba Inu, Chainlink, Uniswap, Solana, Polygon, Avalanche, Litecoin, Bitcoin Cash, Dogecoin,Stellar, USD Coin, EOS and Cardano.
25GF Score

Get the complete analysis for NEOE:SMRT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.22
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