The Western Investment Co of Canada (TSXV:WI) EBIT : C$0.10 Mil (TTM As of Sep. 2024)

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What is The Western Investment Co of Canada EBIT?

The Western Investment Co of Canada's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$0.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Western Investment Co of Canada's annualized ROC % for the quarter that ended in Sep. 2024 was -9.25%. The Western Investment Co of Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Western Investment Co of Canada's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.11%.

The Western Investment Co of Canada EBIT Historical Data

The historical data trend for The Western Investment Co of Canada'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.

The Western Investment Co of Canada EBIT Chart

The Western Investment Co of Canada Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1.63

-3.25

-0.10

0.45

0.90

The Western Investment Co of Canada Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															0.69	-0.75	-0.24	0.33	0.75

Competitive Comparison of The Western Investment Co of Canada's EBIT

For the Asset Management subindustry, The Western Investment Co of Canada'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.

The Western Investment Co of Canada's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Western Investment Co of Canada's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Western Investment Co of Canada's EV-to-EBIT falls into.

The Western Investment Co of Canada 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.10 Mil.

The Western Investment Co of Canada (TSXV:WI) EBIT Explanation

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

The Western Investment Co of Canada's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-1.86 * ( 1 - 0% )	/	( (19.695	+	20.535)	/ 2 )
=	-1.86	/	20.115
=	-9.25 %

where

	Invested Capital		(Q: Jun. 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	))
=	19.999	-	0.298	-	( 0.006	-	max(0, 0.298	-	0.663	+	0.006	))
=	19.695

	Invested Capital		(Q: Sep. 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	))
=	21.128	-	0.587	-	( 0.006	-	max(0, 0.587	-	0.739	+	0.006	))
=	20.535

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

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

The Western Investment Co of Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	3.016	/	( ( (0 + max(-0.0059999999999999, 0))	+	(0 + max(-0.197, 0)) )	/	2 )
=	3.016	/	( ( 0	+	0 )	/	2 )
=	3.016	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.008	+	0	+	0.284)	-	(0.298	+	0	+	0)
=	-0.0059999999999999

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.009	+	0	+	0.381)	-	(0.587	+	0	+	0)
=	-0.197

When net working capital is negative, 0 is used.

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

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

The Western Investment Co of Canada's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	0.098	/	89.363
	=	0.11 %

The Western Investment Co of Canada EBIT Related Terms

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The Western Investment Co of Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Western Investment Co of Canada Ltd (TSXV:WI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

1KC:Germany

Address

6 West Coach Place SW, Calgary, AB, CAN, T1V 2A7

Website

https://www.winv.ca

The Western Investment Co of Canada Ltd is a Canada-based investment company. Its purpose is to create long-term wealth for shareholders by building and maintaining a portfolio of stable and profitable Western-based companies and helping them to grow and prosper. The company's plan of action is to acquire a diversified portfolio of established Western Canadian private businesses and create value through the identification, acquisition, and long-term ownership of private businesses with sustained cash flows and potential for organic growth.

Executives

Scott Tannas	Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Stacey Cross	Senior Officer
Shafeen Ashraf Mawani	Senior Officer
Jennie Polyxeni Moushos	Director
James Francis Dinning	Director

The Western Investment Co of Canada Headlines

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