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GreenSpace Brands (TSXV:JTR.H) EBIT : C$-5.10 Mil (TTM As of Dec. 2022)


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What is GreenSpace Brands EBIT?

GreenSpace Brands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was C$-0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was C$-5.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GreenSpace Brands's annualized ROC % for the quarter that ended in Dec. 2022 was -9.84%. GreenSpace Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -32.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GreenSpace Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -22.22%.


GreenSpace Brands EBIT Historical Data

The historical data trend for GreenSpace Brands'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.

GreenSpace Brands EBIT Chart

GreenSpace Brands Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only -10.70 -10.53 -35.03 -16.96 -6.04

GreenSpace Brands Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.94 -3.39 -0.79 -0.54 -0.38

Competitive Comparison of GreenSpace Brands's EBIT

For the Packaged Foods subindustry, GreenSpace Brands'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.


GreenSpace Brands's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GreenSpace Brands's EV-to-EBIT distribution charts can be found below:

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



GreenSpace Brands 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.10 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.


GreenSpace Brands  (TSXV:JTR.H) EBIT Explanation

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

GreenSpace Brands's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-2.404 * ( 1 - 0% )/( (24.104 + 24.765)/ 2 )
=-2.404/24.4345
=-9.84 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.512/( ( (0.07 + max(4.745, 0)) + (0.074 + max(4.443, 0)) )/ 2 )
=-1.512/( ( 4.815 + 4.517 )/ 2 )
=-1.512/4.666
=-32.40 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.732 + 3.618 + 1.185) - (2.79 + 0 + 3.5527136788005E-15)
=4.745

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.003 + 3.84 + 0.842) - (3.242 + 0 + 0)
=4.443

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-5.103/22.965
=-22.22 %

* 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.


GreenSpace Brands EBIT Related Terms

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GreenSpace Brands (TSXV:JTR.H) Business Description

Traded in Other Exchanges
N/A
Address
2087 Dundas Street East, Suite 106, Mississauga, ON, CAN, L4X 2V7
GreenSpace Brands Inc is an organic and natural food company. It is engaged in the creation of natural food products and sale of brands in Canadian natural food industry. The company's brands include Life Choices, Rolling Meadow Dairy, Holistic Choice Pet Food, Nudge, Love Child organics, Central Roast, and Kiju organic. Life Choices Natural Foods offers meat products made with grass-fed and pasture-raised without the use of added hormones and antibiotics. Rolling Meadow Dairy provides products made with grass-fed milk. Holistic Choice Pet Food offers natural pet food. The Nudge brand is a line of family foods. Love Child Organics provides healthy, organic baby and children's food products.

GreenSpace Brands (TSXV:JTR.H) Headlines

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