Wavefront Technology Solutions (TSXV:WEE.H) EBIT: C$-1.74 Mil (TTM As of May. 2022)


What is Wavefront Technology Solutions EBIT?

Wavefront Technology Solutions TSXV:WEE.H EBIT is C$-1.74 Mil as of May. 2022.

Wavefront Technology Solutions's earnings before interest and taxes (EBIT) for the three months ended in May. 2022 was C$-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2022 was C$-1.74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wavefront Technology Solutions's annualized ROC % for the quarter that ended in May. 2022 was -201.32%. Wavefront Technology Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2022 was -250.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wavefront Technology Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2022 was -104.83%.

Wavefront Technology Solutions  (TSXV:WEE.H) EBIT Explanation

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

Wavefront Technology Solutions's annualized ROC % for the quarter that ended in May. 2022 is calculated as:

ROC % (Q: May. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2022 ) + Invested Capital (Q: May. 2022 ))/ count )
=-1.976 * ( 1 - 0% )/( (0.981 + 0.982)/ 2 )
=-1.976/0.9815
=-201.32 %

where

Invested Capital(Q: Feb. 2022 )
=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))
=2.652 - 0.941 - ( 1.12 - max(0, 1.1 - 1.83+1.12))
=0.981

Invested Capital(Q: May. 2022 )
=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))
=2.173 - 0.905 - ( 0.586 - max(0, 1.098 - 1.384+0.586))
=0.982

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

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

Wavefront Technology Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2022  Q: May. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.98/( ( (0.808 + max(-0.29, 0)) + (0.775 + max(-0.197, 0)) )/ 2 )
=-1.98/( ( 0.808 + 0.775 )/ 2 )
=-1.98/0.7915
=-250.16 %

where Working Capital is:

Working Capital(Q: Feb. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.443 + 0.134 + 0.133) - (0.941 + 0.058 + 0.0010000000000001)
=-0.29

Working Capital(Q: May. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.53 + 0.169 + 0.099) - (0.905 + 0.09 + 0)
=-0.197

When net working capital is negative, 0 is used.

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

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

Wavefront Technology Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2022 )
=-1.737/1.657
=-104.83 %

* 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.

Wavefront Technology Solutions EBIT Related Terms

Wavefront Technology Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions EBIT Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.69 -1.78 -0.43 -0.65 -1.36

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.35 -0.25 -0.57 -0.43 -0.50

TSXV:WEE.H vs VYEY, ENSV, GWTI: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.

Wavefront Technology Solutions EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's EV-to-EBIT falls into.


Wavefront Technology Solutions 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 May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.74 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of C$-1.74 Mil mean?
Wavefront Technology Solutions (TSXV:WEE.H) has a EBIT of C$-1.74 Mil as of May. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wavefront Technology Solutions.
Is Wavefront Technology Solutions' EBIT too high?
Wavefront Technology Solutions' current EBIT is C$-1.74 Mil.
How does Wavefront Technology Solutions' EBIT compare to VYEY and ENSV?
Wavefront Technology Solutions' EBIT of C$-1.74 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wavefront Technology Solutions. Wavefront Technology Solutions's current EBIT is C$-1.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (TSXV:WEE.H) has a current EBIT of C$-1.74 Mil. The current EBIT is C$-1.74 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Wavefront Technology Solutions (TSXV:WEE.H), the current EBIT is C$-1.74 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.