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Grosvenor CPC I (TSXV:GRVA.P) EBIT : C$-0.06 Mil (TTM As of Jan. 2024)


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What is Grosvenor CPC I EBIT?

Grosvenor CPC I's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was C$-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grosvenor CPC I's annualized ROC % for the quarter that ended in Jan. 2024 was -4,600.00%. Grosvenor CPC I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grosvenor CPC I's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 42.11%.


Grosvenor CPC I EBIT Historical Data

The historical data trend for Grosvenor CPC I'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.

Grosvenor CPC I EBIT Chart

Grosvenor CPC I Annual Data
Trend Apr22 Apr23
EBIT
- -0.06

Grosvenor CPC I Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 - -0.01 -0.02

Competitive Comparison of Grosvenor CPC I's EBIT

For the Shell Companies subindustry, Grosvenor CPC I'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.


Grosvenor CPC I's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Grosvenor CPC I's EV-to-EBIT distribution charts can be found below:

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



Grosvenor CPC I 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 C$-0.06 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.


Grosvenor CPC I  (TSXV:GRVA.P) EBIT Explanation

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

Grosvenor CPC I'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 )
=-0.092 * ( 1 - 0% )/( (0.004 + 0)/ 2 )
=-0.092/0.002
=-4,600.00 %

where

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

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

Grosvenor CPC I'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 )
=-0.092/( ( (0 + max(-0.016, 0)) + (0 + max(-0.03, 0)) )/ 2 )
=-0.092/( ( 0 + 0 )/ 2 )
=-0.092/0
= %

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 + 0 + 0) - (0.016 + 0 + 0)
=-0.016

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.0010000000000001) - (0.031 + 0 + 0)
=-0.03

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:

Grosvenor CPC I's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-0.056/-0.133
=42.11 %

* 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.


Grosvenor CPC I EBIT Related Terms

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Grosvenor CPC I (TSXV:GRVA.P) Business Description

Traded in Other Exchanges
N/A
Address
1 Place Ville Marie, Suite 1670, Montreal, QC, CAN, H3B 2B6
Website
Grosvenor CPC I Inc is a capital pool company.

Grosvenor CPC I (TSXV:GRVA.P) Headlines

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