South Beach Spirits (South Beach Spirits) EBIT : $-0.05 Mil (TTM As of Feb. 2018)

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What is South Beach Spirits EBIT?

South Beach Spirits's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2018 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2018 was $-0.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. South Beach Spirits's annualized ROC % for the quarter that ended in Feb. 2018 was %. South Beach Spirits's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. South Beach Spirits's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2018 was -5.49%.

South Beach Spirits EBIT Historical Data

The historical data trend for South Beach Spirits'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.

South Beach Spirits EBIT Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

EBIT

Get a 7-Day Free Trial

-0.05

-0.02

-2.04

-0.06

-0.05

South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
EBIT	Get a 7-Day Free Trial			-0.05	-0.02	-2.04	-0.06	-0.05

Competitive Comparison of South Beach Spirits's EBIT

For the Beverages - Wineries & Distilleries subindustry, South Beach Spirits'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.

South Beach Spirits's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, South Beach Spirits's EV-to-EBIT distribution charts can be found below:

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

South Beach Spirits 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Feb. 2018 was $-0.05 Mil.

South Beach Spirits (OTCPK:SBES) EBIT Explanation

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

South Beach Spirits's annualized ROC % for the quarter that ended in Feb. 2018 is calculated as:

	ROC % (Q: Feb. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2017 )	+	Invested Capital (Q: Feb. 2018 ))	/ count )
=	-0.053 * ( 1 - 0% )	/	( (0	+	0)	/ 2 )
=	-0.053	/	0
=	%

where

	Invested Capital		(Q: Feb. 2017 )
=	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	))
=	0.35	-	0.266	-	( 0.35	-	max(0, 0.266	-	0.35	+	0.35	))
=	0

	Invested Capital		(Q: Feb. 2018 )
=	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	))
=	0.35	-	0.15	-	( 0.35	-	max(0, 0.15	-	0.35	+	0.35	))
=	0

Note: The Operating Income data used here is one times the annual (Feb. 2018) data.

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

South Beach Spirits's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2017		Q: Feb. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.053	/	( ( (0 + max(-0.266, 0))	+	(0 + max(-0.15, 0)) )	/	2 )
=	-0.053	/	( ( 0	+	0 )	/	2 )
=	-0.053	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Feb. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.266	+	0	+	0)
=	-0.266

	Working Capital		(Q: Feb. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.15	+	0	+	0)
=	-0.15

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Feb. 2018) EBIT data.

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

South Beach Spirits's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2018 )
	=	-0.053	/	0.965
	=	-5.49 %

South Beach Spirits EBIT Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

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