GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Right On Brands Inc (OTCPK:RTON) » Definitions » EBIT

Right On Brands (Right On Brands) EBIT : $-0.25 Mil (TTM As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Right On Brands EBIT?

Right On Brands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Right On Brands's annualized ROC % for the quarter that ended in Dec. 2023 was -8.21%. Right On Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,554.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Right On Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.59%.


Right On Brands EBIT Historical Data

The historical data trend for Right On Brands'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.

Right On Brands EBIT Chart

Right On Brands Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.63 -2.57 -1.46 -0.23 0.04

Right On Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.06 -0.01 -0.06 -0.05 -0.14

Competitive Comparison of Right On Brands's EBIT

For the Packaged Foods subindustry, Right On Brands'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.


Right On Brands's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Right On Brands 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.25 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.


Right On Brands  (OTCPK:RTON) EBIT Explanation

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

Right On Brands's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.06 * ( 1 - 0% )/( (0.656 + 0.806)/ 2 )
=-0.06/0.731
=-8.21 %

where

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

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

Right On Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.552/( ( (0.037 + max(-0.22, 0)) + (0.034 + max(-0.38, 0)) )/ 2 )
=-0.552/( ( 0.037 + 0.034 )/ 2 )
=-0.552/0.0355
=-1,554.93 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.024 + 0.136 + 0.004) - (0.237 + 0.013 + 0.134)
=-0.22

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.013 + 0.101 + 0.003) - (0.243 + 0.013 + 0.241)
=-0.38

When net working capital is negative, 0 is used.

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

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

Right On Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.251/1.720
=-14.59 %

* 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.


Right On Brands EBIT Related Terms

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


Right On Brands (Right On Brands) Business Description

Traded in Other Exchanges
N/A
Address
6501 Dalrock Road, Suite 100, Rowlett, TX, USA, 75089
Right On Brands Inc is a Texas based consumer goods company which provides traditional, plus natural health and wellness information services through an interactive website. The company business is conducted through wholly-owned subsidiaries, Humbly Hemp, Endo Brands, and Humble Water Company. Humbly Hemp sells and markets a line of hemp enhanced snack foods. Humble Water Company is in a partnership with Springhill Water Co. to develop a line of High Alkaline, Natural Mineral Water, and a bottling and packaging facility. The company has two operating segments: ENDO Brands and Humbly Hemp. ENDO Brands develops hemp oil-infused products which are engineered to deliver optimal bioavailability and nutrients to the body and Humbly Hemp develops a line of hemp based bars and drinks.
Executives
Daniel J Crawford director, 10 percent owner, officer: President, CEO, CFO, Director 2667 32ND STREET, SUITE B, SANTA MONICA CA 90405