TRCNF (Transnational Cannabis) EBIT: $-101.26 Mil (TTM As of Nov. 2019)

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What is Transnational Cannabis EBIT?

Transnational Cannabis TRCNF -97.50% EBIT is $-101.26 Mil as of Nov. 2019.

Transnational Cannabis's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2019 was $-18.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2019 was $-101.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Transnational Cannabis's annualized ROC % for the quarter that ended in Nov. 2019 was -8.85%. Transnational Cannabis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2019 was -2,205.55%.

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


Transnational Cannabis  (OTCPK:TRCNF) EBIT Explanation

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

Transnational Cannabis's annualized ROC % for the quarter that ended in Nov. 2019 is calculated as:

ROC % (Q: Nov. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2019 ) + Invested Capital (Q: Nov. 2019 ))/ count )
=-8.348 * ( 1 - 0% )/( (129.048 + 59.616)/ 2 )
=-8.348/94.332
=-8.85 %

where

Note: The Operating Income data used here is four times the quarterly (Nov. 2019) data.

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

Transnational Cannabis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2019  Q: Nov. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-74.36/( ( (4.795 + max(0.156, 0)) + (0.731 + max(1.061, 0)) )/ 2 )
=-74.36/( ( 4.951 + 1.792 )/ 2 )
=-74.36/3.3715
=-2,205.55 %

where Working Capital is:

Working Capital(Q: Aug. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.18 + 2.089) - (2.113 + 0 + 0)
=0.156

Working Capital(Q: Nov. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.181 + 1.544) - (0.664 + 0 + -1.1102230246252E-16)
=1.061

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2019) EBIT data.

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

Transnational Cannabis's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2019 )
=-101.259/0.000
= %

* 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.


Transnational Cannabis EBIT Related Terms


Transnational Cannabis EBIT Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis EBIT Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.22 -0.59 -0.78 -45.36

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 -7.74 -33.63 -37.91 -11.13 -18.59

TRCNF vs CLSH, KAYS, ACUR: EBIT Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Transnational Cannabis'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.


Transnational Cannabis EV-to-EBIT vs Drug Manufacturers Industry

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

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



Transnational Cannabis 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 Nov. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-101.26 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 $-101.26 Mil mean?
Transnational Cannabis (TRCNF) has a EBIT of $-101.26 Mil as of Nov. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Transnational Cannabis.
Is Transnational Cannabis' EBIT too high?
Transnational Cannabis' current EBIT is $-101.26 Mil.
How does Transnational Cannabis' EBIT compare to CLSH and KAYS?
Transnational Cannabis' EBIT of $-101.26 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good EBIT depends on the Drug Manufacturers 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 Transnational Cannabis. Transnational Cannabis's current EBIT is $-101.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current EBIT of $-101.26 Mil. The current EBIT is $-101.26 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 Transnational Cannabis (TRCNF), the current EBIT is $-101.26 Mil as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.