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Vitreous Glass (TSXV:VCI) EBIT : C$2.96 Mil (TTM As of Dec. 2024)


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What is Vitreous Glass EBIT?

Vitreous Glass's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$0.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$2.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vitreous Glass's annualized ROC % for the quarter that ended in Dec. 2024 was 68.86%. Vitreous Glass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 95.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vitreous Glass's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.71%.


Vitreous Glass EBIT Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass EBIT Chart

Vitreous Glass Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 4.36 2.85 3.30 3.13

Vitreous Glass Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.74 0.83 0.86 0.70 0.56

Competitive Comparison of Vitreous Glass's EBIT

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's EV-to-EBIT distribution charts can be found below:

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


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Vitreous Glass 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.96 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.


Vitreous Glass  (TSXV:VCI) EBIT Explanation

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

Vitreous Glass's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=2.256 * ( 1 - 28.01% )/( (2.548 + 2.169)/ 2 )
=1.6240944/2.3585
=68.86 %

where

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

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

Vitreous Glass's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.256/( ( (2.032 + max(0.516, 0)) + (2.014 + max(0.156, 0)) )/ 2 )
=2.256/( ( 2.548 + 2.17 )/ 2 )
=2.256/2.359
=95.63 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.493 + 0.669 + 0.045) - (0.691 + 0 + 0)
=0.516

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.367 + 0.708 + 0.109) - (1.028 + 0 + 0)
=0.156

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=2.955/30.422
=9.71 %

* 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.


Vitreous Glass EBIT Related Terms

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Vitreous Glass Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
Executives
Darcy Forbes Senior Officer
Timothy Howard Rendell Senior Officer
John Patrick Cashion 10% Security Holder, Director, Senior Officer
Meredith Ann Cashion Director

Vitreous Glass Headlines

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