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Simply Better Brands (TSXV:SBBC) EBIT : C$-29.5 Mil (TTM As of Dec. 2023)


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What is Simply Better Brands EBIT?

Simply Better Brands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-18.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-29.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Simply Better Brands's annualized ROC % for the quarter that ended in Dec. 2023 was -51.24%. Simply Better Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,837.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Simply Better Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -60.13%.


Simply Better Brands EBIT Historical Data

The historical data trend for Simply Better 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.

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Simply Better Brands EBIT Chart

Simply Better Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
7.61 -2.40 -13.48 -16.28 -29.52

Simply Better Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -8.11 -3.00 -7.84 -0.07 -18.59

Competitive Comparison of Simply Better Brands's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, Simply Better 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.


Simply Better Brands's EV-to-EBIT Distribution in the Drug Manufacturers Industry

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

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



Simply Better 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-29.5 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.


Simply Better Brands  (TSXV:SBBC) EBIT Explanation

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

Simply Better Brands's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-19.092 * ( 1 - 0% )/( (40.609 + 33.91)/ 2 )
=-19.092/37.2595
=-51.24 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Simply Better Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-74.368/( ( (0.005 + max(-1.924, 0)) + (0.001 + max(5.235, 0)) )/ 2 )
=-74.368/( ( 0.005 + 5.236 )/ 2 )
=-74.368/2.6205
=-2,837.93 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.105 + 4.174 + 5.91) - (13.979 + 0.031 + 0.10300000000001)
=-1.924

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.176 + 8.272 + 4.17) - (9.109 + 0.794 + 0.48)
=5.235

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-29.499/49.059
=-60.13 %

* 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.


Simply Better Brands EBIT Related Terms

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Simply Better Brands (TSXV:SBBC) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
Simply Better Brands Corp is promoting healthy and active lifestyles. In addition to expanding its majority-owned CBD subsidiary brand, PureKana, the company has announced strategic acquisitions in industry health, wellness, beauty, pet and lifestyle brands and companies. The Company operates in one reportable segment being the sale of consumer health and wellness products with sales principally generated from the United States.

Simply Better Brands (TSXV:SBBC) Headlines

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