The Good Shroom Co (The Good Shroom Co) EBIT : $-0.03 Mil (TTM As of Jan. 2024)

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What is The Good Shroom Co EBIT?

The Good Shroom Co's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Good Shroom Co's annualized ROC % for the quarter that ended in Jan. 2024 was 79.43%. The Good Shroom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 86.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Good Shroom Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -0.57%.

The Good Shroom Co EBIT Historical Data

The historical data trend for The Good Shroom Co'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.

The Good Shroom Co EBIT Chart

The Good Shroom Co Annual Data

Trend

Jul21

Jul22

Jul23

EBIT

-3.07

-1.26

-0.34

The Good Shroom Co Quarterly Data
	Mar20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial								-0.07	0.01	-0.15	0.07	0.04

Competitive Comparison of The Good Shroom Co's EBIT

For the Beverages - Non-Alcoholic subindustry, The Good Shroom Co'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.

The Good Shroom Co's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where The Good Shroom Co's EV-to-EBIT falls into.

The Good Shroom Co 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

The Good Shroom Co (OTCPK:TGSHF) EBIT Explanation

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

The Good Shroom Co's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	0.168 * ( 1 - 0% )	/	( (0.166	+	0.257)	/ 2 )
=	0.168	/	0.2115
=	79.43 %

where

	Invested Capital		(Q: Oct. 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	))
=	1.432	-	0.963	-	( 0.303	-	max(0, 1.017	-	1.394	+	0.303	))
=	0.166

	Invested Capital		(Q: Jan. 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	))
=	1.267	-	0.746	-	( 0.264	-	max(0, 0.802	-	1.231	+	0.264	))
=	0.257

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

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

The Good Shroom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.168	/	( ( (0.039 + max(0.113, 0))	+	(0.031 + max(0.205, 0)) )	/	2 )
=	0.168	/	( ( 0.152	+	0.236 )	/	2 )
=	0.168	/	0.194
=	86.60 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.621	+	0.444	+	0.026)	-	(0.963	+	0.015	+	0)
=	0.113

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.524	+	0.4	+	0.043)	-	(0.746	+	0.015	+	0.001)
=	0.205

When net working capital is negative, 0 is used.

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

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

The Good Shroom Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-0.027	/	4.771
	=	-0.57 %

The Good Shroom Co EBIT Related Terms

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The Good Shroom Co (The Good Shroom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

MUSH:Canada

Address

324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5

Website

https://www.thegoodshroom.co

The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market.

The Good Shroom Co (The Good Shroom Co) Headlines

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