TGLO (Theglobe.com) EBIT : $-0.13 Mil (TTM As of Sep. 2024)

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What is Theglobe.com EBIT?

Theglobe.com's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Theglobe.com's annualized ROC % for the quarter that ended in Sep. 2024 was -11.58%. Theglobe.com's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Theglobe.com's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.14%.

Theglobe.com EBIT Historical Data

The historical data trend for Theglobe.com'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.

Theglobe.com EBIT Chart

Theglobe.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-0.18

-0.12

-0.14

-0.12

Theglobe.com Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															-0.03	-0.03	-0.03	-0.04	-0.03

Competitive Comparison of Theglobe.com's EBIT

For the Shell Companies subindustry, Theglobe.com'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.

Theglobe.com's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Theglobe.com's EV-to-EBIT distribution charts can be found below:

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

Theglobe.com 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 Mil.

Theglobe.com (OTCPK:TGLO) EBIT Explanation

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

Theglobe.com's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-0.124 * ( 1 - 0% )	/	( (1.056	+	1.086)	/ 2 )
=	-0.124	/	1.071
=	-11.58 %

where

	Invested Capital		(Q: Jun. 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	))
=	0.011	-	0.347	-	( 0.011	-	max(0, 1.403	-	0.011	+	0.011	))
=	1.056

	Invested Capital		(Q: Sep. 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	))
=	0.012	-	0.371	-	( 0.012	-	max(0, 1.457	-	0.012	+	0.012	))
=	1.086

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

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

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

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.124	/	( ( (0 + max(-0.347, 0))	+	(0 + max(-0.371, 0)) )	/	2 )
=	-0.124	/	( ( 0	+	0 )	/	2 )
=	-0.124	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.347	+	0	+	0)
=	-0.347

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.371	+	0	+	0)
=	-0.371

When net working capital is negative, 0 is used.

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

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

Theglobe.com's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-0.129	/	89.370
	=	-0.14 %

Theglobe.com EBIT Related Terms

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Theglobe.com Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Theglobe.com Inc (OTCPK:TGLO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Main Street, Suite 2500, Houston, TX, USA, 77002

Website

http://www.theglobe.com

Theglobe.com Inc is a shell company.

Executives

Frederick P. Jones	director, officer: Chairman, President, CEO, CFO	C/O THEGLOBE.COM, INC., 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
William R Nichols	director, officer: See Remarks	C/O FAIRWOOD PENINSULA ENERGY, 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Fairwood Peninsula Energy Corp	10 percent owner	5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Delfin Midstream Llc	10 percent owner	5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Registry Management Company, Llc	10 percent owner	110 E. BROWARD BLVD., SUITE 1400, FORT LAUDERDALE FL 33301
Bear Investments Dancing	10 percent owner	333 E LAS OLAS BLVD, FT LAUDERDALE FL 33301
Robin Segaul Lebowitz	director, officer: Vice President
E&c Capital Partners Ii, Lllp 2006 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
Egan Family Grats 2006 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners, Lllp 2006 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners Ii, Ltd.	10 percent owner	110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners, Lllp 2005 Intangible Irrevocable Trust	10 percent owner	110 E. BROWARD BOULEVARD, 14TH FLOOR, FORT LAUDERDALE FL 33301
Harry Greene	other: Group 10% Owner	877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702
Paul Soltoff	director	877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702
Eric Obeck	other: Group 10% Owner	877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702

Theglobe.com Headlines

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