Ronin Ventures (TSXV:RVC.P) EBIT : C$-0.04 Mil (TTM As of Nov. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Ronin Ventures EBIT?

Ronin Ventures's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was C$-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was C$-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ronin Ventures's annualized ROC % for the quarter that ended in Nov. 2024 was %. Ronin Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ronin Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -52.38%.

Ronin Ventures EBIT Historical Data

The historical data trend for Ronin Ventures'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.

Ronin Ventures EBIT Chart

Ronin Ventures Annual Data

Trend

Feb22

Feb23

Feb24

EBIT

-0.12

-0.04

Ronin Ventures Quarterly Data
	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
EBIT	Get a 7-Day Free Trial						-0.01	-0.02	-0.01	-0.01	-0.01

Competitive Comparison of Ronin Ventures's EBIT

For the Shell Companies subindustry, Ronin Ventures'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.

Ronin Ventures's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Save Embed

;

Save Embed

;

Ronin Ventures 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Ronin Ventures (TSXV:RVC.P) EBIT Explanation

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

Ronin Ventures's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

	ROC % (Q: Nov. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2024 )	+	Invested Capital (Q: Nov. 2024 ))	/ count )
=	-0.024 * ( 1 - 0% )	/	( (0	+	0)	/ 2 )
=	-0.024	/	0
=	%

where

	Invested Capital		(Q: Aug. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.12	-	0.002	-	( 0.12	-	max(0, 0.002	-	0.12	+	0.12	))
=	0

	Invested Capital		(Q: Nov. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.119	-	0.007	-	( 0.119	-	max(0, 0.007	-	0.119	+	0.119	))
=	0

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

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

Ronin Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2024		Q: Nov. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.024	/	( ( (0 + max(-0.002, 0))	+	(0 + max(-0.007, 0)) )	/	2 )
=	-0.024	/	( ( 0	+	0 )	/	2 )
=	-0.024	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.002	+	0	+	0)
=	-0.002

	Working Capital		(Q: Nov. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.007	+	0	+	0)
=	-0.007

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2024 )
	=	-0.044	/	0.084
	=	-52.38 %

Ronin Ventures EBIT Related Terms

Thank you for viewing the detailed overview of Ronin Ventures's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Ronin Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ronin Ventures Corp (TSXV:RVC.P) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1

Website

Ronin Ventures Corp is a capital pool company.

Ronin Ventures Headlines

No Headlines