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CIMG (IMG) EBIT : $-8.28 Mil (TTM As of Jun. 2024)


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What is CIMG EBIT?

CIMG's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $-1.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-8.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CIMG's annualized ROC % for the quarter that ended in Jun. 2024 was -357.00%. CIMG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -803.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CIMG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -108.28%.


CIMG EBIT Historical Data

The historical data trend for CIMG'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.

CIMG EBIT Chart

CIMG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.21 -9.50 -18.54 -11.40 -8.87

CIMG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.88 -3.05 -2.14 -1.61 -1.48

Competitive Comparison of CIMG's EBIT

For the Packaged Foods subindustry, CIMG'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.


CIMG's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



CIMG 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.28 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.


CIMG  (NAS:IMG) EBIT Explanation

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

CIMG's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-5.928 * ( 1 - 0% )/( (2.149 + 1.172)/ 2 )
=-5.928/1.6605
=-357.00 %

where

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

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

CIMG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.928/( ( (0.9 + max(-0.958, 0)) + (0.576 + max(-0.853, 0)) )/ 2 )
=-5.928/( ( 0.9 + 0.576 )/ 2 )
=-5.928/0.738
=-803.25 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.398 + 1.208 + 0.383) - (2.613 + 0.305 + 0.028999999999999)
=-0.958

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.372 + 0.937 + 0.241) - (2.378 + 0.025 + 0)
=-0.853

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-8.281/7.648
=-108.28 %

* 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.


CIMG EBIT Related Terms

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CIMG Business Description

Traded in Other Exchanges
Address
2865 Scott Street, Suite 107, Vista, CA, USA, 92081
CIMG Inc is a coffee and technologies company. The company is a co-packer of single-serve pour-over coffee, coffee brew bags and Dripkits. The company's brand portfolio includes Coffee Blenders, Twin Peaks, Active Cup, Relax Cup, Think Cup, Nude Cup, Pine Ranch Coffee, and Dripkit. Its geographical segments are North America, which accounts for the majority of revenue; and South Korea.
Executives
Masateru Higashida director, 10 percent owner, officer: See Remarks 10815 RANCHO BERNARDO ROAD, SUITE 250, SAN DIEGO CA 92127
Randell Weaver officer: Chief Financial Officer
Shana Bowman officer: See Remarks 1350 EAST ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Marie Franklin officer: See Remarks 1350 E. ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Patrick J Shearer officer: Chief Financial Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Jose L Ramirez officer: See Remarks 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tomoko Toyota officer: Chief Marketing Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tracy Ging director 555 SW 7TH STREET #10, DES MOINES IA 50309
David Robson director FARMER BROS.CO., 1912 FARMER BROTHERS DR, NORTHLAKE TX 76262
Nobuki Kurita director TOYOSU 3-4-1-4306, KOTO-KU, TOKYO M0 135-0061
Shanoop Kothari officer: SVP and CFO 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Kevin J Conner director 110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940
James Chris Jones director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Allen S. Morton director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Travis Gorney officer: President 2865 SCOTT STREET, SUITE 101, VISTA CA 92081