TGSHF (Mercanto Holdings) EBIT : $-0.07 Mil (TTM As of Oct. 2024)

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What is Mercanto Holdings EBIT?

Mercanto Holdings's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was $-0.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mercanto Holdings's annualized ROC % for the quarter that ended in Oct. 2024 was -56.34%. Mercanto Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -56.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mercanto Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -2.81%.

Mercanto Holdings EBIT Historical Data

The historical data trend for Mercanto Holdings'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.

Mercanto Holdings EBIT Chart

Mercanto Holdings Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

EBIT

-3.07

-1.26

-0.34

0.03

Mercanto Holdings Quarterly Data
	Mar20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
EBIT	Get a 7-Day Free Trial											0.07	0.04	0.02	-0.10	-0.04

Competitive Comparison of Mercanto Holdings's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, Mercanto Holdings'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.

Mercanto Holdings's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mercanto Holdings's EV-to-EBIT distribution charts can be found below:

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

Mercanto Holdings 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Mercanto Holdings (OTCPK:TGSHF) EBIT Explanation

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

Mercanto Holdings's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

	ROC % (Q: Oct. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2024 )	+	Invested Capital (Q: Oct. 2024 ))	/ count )
=	-0.16 * ( 1 - 0% )	/	( (0.291	+	0.277)	/ 2 )
=	-0.16	/	0.284
=	-56.34 %

where

	Invested Capital		(Q: Jul. 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	))
=	1.081	-	0.643	-	( 0.147	-	max(0, 0.656	-	1.054	+	0.147	))
=	0.291

	Invested Capital		(Q: Oct. 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	))
=	1.021	-	0.622	-	( 0.122	-	max(0, 0.631	-	0.998	+	0.122	))
=	0.277

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

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

Mercanto Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Oct. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2024		Q: Oct. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.16	/	( ( (0.027 + max(0.264, 0))	+	(0.023 + max(0.254, 0)) )	/	2 )
=	-0.16	/	( ( 0.291	+	0.277 )	/	2 )
=	-0.16	/	0.284
=	-56.34 %

where Working Capital is:

	Working Capital		(Q: Jul. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.497	+	0.384	+	0.026)	-	(0.643	+	0	+	0)
=	0.264

	Working Capital		(Q: Oct. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.46	+	0.39	+	0.026)	-	(0.622	+	0	+	0)
=	0.254

When net working capital is negative, 0 is used.

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

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

Mercanto Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2024 )
	=	-0.071	/	2.529
	=	-2.81 %

Mercanto Holdings EBIT Related Terms

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Mercanto Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mercanto Holdings 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.mercantoholdings.com

Mercanto Holdings 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 company offers quality products that promote health, recreation, and well-being. The portfolio of the company includes different cannabis products, probiotic, functional mushroom beverages, and others.