Safety Shot (Safety Shot) EBIT : $-28.82 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Safety Shot EBIT?

Safety Shot's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-15.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-28.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safety Shot's annualized ROC % for the quarter that ended in Mar. 2024 was -899.63%. Safety Shot's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6,233.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safety Shot's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -49.07%.

Safety Shot EBIT Historical Data

The historical data trend for Safety Shot'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.

Safety Shot EBIT Chart

Safety Shot Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-0.92

-6.17

-26.36

-14.28

-14.65

Safety Shot Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-1.23	-0.30	-7.22	-5.67	-15.62

Competitive Comparison of Safety Shot's EBIT

For the Beverages - Non-Alcoholic subindustry, Safety Shot'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.

Safety Shot's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Safety Shot's EV-to-EBIT distribution charts can be found below:

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

Safety Shot 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28.82 Mil.

Safety Shot (NAS:SHOT) EBIT Explanation

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

Safety Shot's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-60.716 * ( 1 - 0% )	/	( (6.782	+	6.716)	/ 2 )
=	-60.716	/	6.749
=	-899.63 %

where

	Invested Capital		(Q: Dec. 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	))
=	12.709	-	1.823	-	( 5.334	-	max(0, 3.587	-	7.691	+	5.334	))
=	6.782

	Invested Capital		(Q: Mar. 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	))
=	9.215	-	1.552	-	( 2.289	-	max(0, 3.397	-	4.344	+	2.289	))
=	6.716

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

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

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

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-62.492	/	( ( (0.507 + max(0.534, 0))	+	(0.461 + max(0.503, 0)) )	/	2 )
=	-62.492	/	( ( 1.041	+	0.964 )	/	2 )
=	-62.492	/	1.0025
=	-6,233.62 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.006	+	0.796	+	1.555)	-	(1.823	+	0	+	4.4408920985006E-16)
=	0.534

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.005	+	0.404	+	1.646)	-	(1.552	+	0	+	-4.4408920985006E-16)
=	0.503

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-28.824	/	58.745
	=	-49.07 %

Safety Shot EBIT Related Terms

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

Safety Shot (Safety Shot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Safety Shot Inc (NAS:SHOT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1061 East Indiantown Road, Suite 110, Jupiter, FL, USA, 33477

Website

https://www.jupiterwellnessinc.com

Safety Shot Inc is a wellness and functional beverage company. It is set to launch Safety Shot, the patented beverage that helps people feel better faster by reducing blood alcohol content and boosting clarity.

Executives

John Gulyas	director	2505 PROVENCE CIRCLE, WESTON FL 33327
Jarrett Adam Boon	officer: COO	2434 E DESERT WILLOW DR, PHOENIX AZ 85048
Skender Fani	director
Kaufman Nancy Torres	director	725 N. HWY A1A, SUITE C-106, JUPITER FL 33477
Brian John	director, 10 percent owner, officer: Chief Executive Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Douglas O Mckinnon	officer: Chief Financial Officer	2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Glynn Wilson	director, officer: Chairman - Board of Directors	2483 NE JULEP STREET, ISSAQUAH WA 98029
Ryan T Allison	officer: VP of Business Development	725 N. HWY A1A, SUITE C-106, JUPITER FL 33477
Richard A Miller	director, 10 percent owner, officer: Chief Operating Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Christopher Melton	director	C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Byron Young	director	112 EAST SEMINARY DRVE, UNIT B, FORT WORTH TX 76115
Hector W Alila	director	C/O PROTALEX INC, 145 UNION SQUARE DRIVE, NEW HOPE PA 18938
Timothy Glynn	director	725 N HWY, SUITE C-106, JUPITER FL 33477