TOBAF (TAAT Global Alternatives) EBIT: $-1.16 Mil (TTM As of Jul. 2024)


TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives EBIT?

TAAT Global Alternatives TOBAF 10 EBIT is $-1.16 Mil as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

TAAT Global Alternatives's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was $0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was $-1.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TAAT Global Alternatives's annualized ROC % for the quarter that ended in Jul. 2024 was -0.95%. TAAT Global Alternatives's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 9.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TAAT Global Alternatives's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -29.65%.


TAAT Global Alternatives  (OTCPK:TOBAF) EBIT Explanation

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

TAAT Global Alternatives's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-0.044 * ( 1 - 0% )/( (4.703 + 4.56)/ 2 )
=-0.044/4.6315
=-0.95 %

where

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

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

TAAT Global Alternatives's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.384/( ( (0.594 + max(3.64, 0)) + (0.58 + max(3.332, 0)) )/ 2 )
=0.384/( ( 4.234 + 3.912 )/ 2 )
=0.384/4.073
=9.43 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.417 + 3.243 + 0.183) - (3.203 + 0 + 0)
=3.64

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.646 + 2.992 + 0.184) - (3.49 + 0 + 0)
=3.332

When net working capital is negative, 0 is used.

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

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

TAAT Global Alternatives's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-1.155/3.895
=-29.65 %

* 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.


TAAT Global Alternatives EBIT Related Terms


TAAT Global Alternatives EBIT Historical Data

* Premium members only.

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives EBIT Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 -8.52 -26.72 -17.83 -7.48

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -4.06 -1.53 -0.95 1.23 0.10

TOBAF vs VPRB, XXII, CBDW: EBIT Comparison

For the Tobacco subindustry, TAAT Global Alternatives'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.


TAAT Global Alternatives EV-to-EBIT vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's EV-to-EBIT falls into.


TOBAF
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TAAT Global Alternatives Inc TOBAF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.16 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 $-1.16 Mil mean?
TAAT Global Alternatives (TOBAF) has a EBIT of $-1.16 Mil as of Jul. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TAAT Global Alternatives.
Is TAAT Global Alternatives' EBIT too high?
TAAT Global Alternatives' current EBIT is $-1.16 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' EBIT compare to VPRB and XXII?
TAAT Global Alternatives' EBIT of $-1.16 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good EBIT depends on the Tobacco Products 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 TAAT Global Alternatives. TAAT Global Alternatives's current EBIT is $-1.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current EBIT of $-1.16 Mil. The current EBIT is $-1.16 Mil. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current EBIT is $-1.16 Mil as of Jul. 2024. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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