TDNT (Trident Brands) EBIT: $-2.40 Mil (TTM As of May. 2022)


What is Trident Brands EBIT?

Trident Brands TDNT EBIT is $-2.40 Mil as of May. 2022.

Trident Brands's earnings before interest and taxes (EBIT) for the three months ended in May. 2022 was $-0.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2022 was $-2.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trident Brands's annualized ROC % for the quarter that ended in May. 2022 was %. Trident Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Trident Brands  (OTCPK:TDNT) EBIT Explanation

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

Trident Brands's annualized ROC % for the quarter that ended in May. 2022 is calculated as:

ROC % (Q: May. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2022 ) + Invested Capital (Q: May. 2022 ))/ count )
=-2.196 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-2.196/0
= %

where

Invested Capital(Q: Feb. 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))
=0.899 - 10.522 - ( 0.015 - max(0, 10.522 - 0.899+0.015))
=0

Invested Capital(Q: May. 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))
=0.749 - 11.036 - ( 0.012 - max(0, 11.036 - 0.749+0.012))
=0

Note: The Operating Income data used here is four times the quarterly (May. 2022) data.

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

Trident Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2022  Q: May. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.196/( ( (0 + max(-9.638, 0)) + (0 + max(-10.299, 0)) )/ 2 )
=-2.196/( ( 0 + 0 )/ 2 )
=-2.196/0
= %

where Working Capital is:

Working Capital(Q: Feb. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0.882 + 0.001) - (10.522 + 0 + 0)
=-9.638

Working Capital(Q: May. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0.735 + 0.001) - (11.036 + 0 + 0)
=-10.299

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2022 )
=-2.398/0.000
= %

* 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.

Trident Brands EBIT Related Terms

Trident Brands EBIT Historical Data

* Premium members only.

The historical data trend for Trident 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.

Trident Brands EBIT Chart

Trident Brands Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.35 -6.25 -7.85 -1.10 -2.29

Trident Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.52 -0.40 -1.03 -0.42 -0.55

TDNT vs SKVI, QNTA, SNBH: EBIT Comparison

For the Packaged Foods subindustry, Trident 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.

Trident Brands EV-to-EBIT vs Consumer Packaged Goods Industry

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

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


Trident 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 May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.40 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 $-2.40 Mil mean?
Trident Brands (TDNT) has a EBIT of $-2.40 Mil as of May. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trident Brands.
Is Trident Brands' EBIT too high?
Trident Brands' current EBIT is $-2.40 Mil.
How does Trident Brands' EBIT compare to SKVI and QNTA?
Trident Brands' EBIT of $-2.40 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Trident Brands. Trident Brands's current EBIT is $-2.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Brands stock overvalued right now?
Trident Brands (TDNT) has a current EBIT of $-2.40 Mil. The current EBIT is $-2.40 Mil. 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 Trident Brands (TDNT), the current EBIT is $-2.40 Mil as of May. 2022. 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.

Trident Brands Business Description

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.