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Freshii (TSX:FRII) EBIT : C$-9.94 Mil (TTM As of Sep. 2022)


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What is Freshii EBIT?

Freshii's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was C$-3.99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was C$-9.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Freshii's annualized ROC % for the quarter that ended in Sep. 2022 was -25.59%. Freshii's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -199.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Freshii's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -18.87%.


Freshii EBIT Historical Data

The historical data trend for Freshii'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.

Freshii EBIT Chart

Freshii Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only -2.45 1.34 1.25 -7.22 -4.62

Freshii Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.79 -1.86 -2.36 -1.73 -3.99

Competitive Comparison of Freshii's EBIT

For the Restaurants subindustry, Freshii'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.


Freshii's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Freshii's EV-to-EBIT distribution charts can be found below:

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



Freshii 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.94 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.


Freshii  (TSX:FRII) EBIT Explanation

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

Freshii's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-4.9 * ( 1 - -6.76% )/( (22.576 + 18.316)/ 2 )
=-5.23124/20.446
=-25.59 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Freshii's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.96/( ( (8.02 + max(-6.524, 0)) + (7.985 + max(-5.069, 0)) )/ 2 )
=-15.96/( ( 8.02 + 7.985 )/ 2 )
=-15.96/8.0025
=-199.44 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.156 + 1.92 + 0.929) - (7.681 + 1.773 + 1.075)
=-6.524

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.553 + 1.917 + 0.839) - (7.395 + 1.733 + 0.25)
=-5.069

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-9.936/52.648
=-18.87 %

* 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.


Freshii EBIT Related Terms

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Freshii (TSX:FRII) Business Description

Traded in Other Exchanges
N/A
Address
1027 Yonge Street, 3rd Floor, Toronto, ON, CAN, M4W 2K9
Freshii Inc is a company that engages in the development, franchising, and operation of quick-serve restaurants throughout the world with the majority of its locations in Canada and the United States of America. Its products include a menu of salads, burritos, wraps, rice bowls, yoghurts, breakfast and soups made with fresh ingredients. It operates through the Franchise Store and Company-Owned Store segments.

Freshii (TSX:FRII) Headlines

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