GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vodka Brands Corp (OTCPK:VDKB) » Definitions » EBIT

Vodka Brands (Vodka Brands) EBIT : $-0.02 Mil (TTM As of Dec. 2018)


View and export this data going back to 2016. Start your Free Trial

What is Vodka Brands EBIT?

Vodka Brands's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $-0.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vodka Brands's annualized ROC % for the quarter that ended in Dec. 2018 was -300.00%. Vodka Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vodka Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -0.12%.


Vodka Brands EBIT Historical Data

The historical data trend for Vodka 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.

* Premium members only.

Vodka Brands EBIT Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
-0.07 -0.24 -0.27 -0.15 -0.10

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 -0.08 -0.03 -0.02 -0.05 -0.02

Competitive Comparison of Vodka Brands's EBIT

For the Beverages - Wineries & Distilleries subindustry, Vodka 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.


Vodka Brands's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vodka Brands's EV-to-EBIT distribution charts can be found below:

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



Vodka 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.


Vodka Brands  (OTCPK:VDKB) EBIT Explanation

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

Vodka Brands's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=-0.084 * ( 1 - 0% )/( (0.03 + 0.026)/ 2 )
=-0.084/0.028
=-300.00 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

Vodka Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.084/( ( (0 + max(-0.04, 0)) + (0 + max(-0.133, 0)) )/ 2 )
=-0.084/( ( 0 + 0 )/ 2 )
=-0.084/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.027 + 0.139 + 0.003) - (0.209 + 0 + 0)
=-0.04

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.035 + 0.136 + -2.7755575615629E-17) - (0.304 + 0 + 0)
=-0.133

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=-0.021/17.623
=-0.12 %

* 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.


Vodka Brands EBIT Related Terms

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


Vodka Brands (Vodka Brands) Business Description

Traded in Other Exchanges
N/A
Address
510 Roslyn Place, Pittsburgh, PA, USA, 15232
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.