VGFCQ (The Very Good Food Co) EBIT: $-20.77 Mil (TTM As of Sep. 2022)


VGFCQ The Very Good Food Co Inc VGFCQ
12 GF Score
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What is The Very Good Food Co EBIT?

The Very Good Food Co VGFCQ -99.98% 12 EBIT is $-20.77 Mil as of Sep. 2022. GuruFocus rates VGFCQ with a GF Score™ of 12/100.

The Very Good Food Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-20.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Very Good Food Co's annualized ROC % for the quarter that ended in Sep. 2022 was -51.38%. The Very Good Food Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -7.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


The Very Good Food Co  (OTCPK:VGFCQ) EBIT Explanation

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

The Very Good Food Co's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-20.644 * ( 1 - 0% )/( (44.644 + 35.711)/ 2 )
=-20.644/40.1775
=-51.38 %

where

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

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

The Very Good Food Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.868/( ( (24.836 + max(-2.836, 0)) + (22.283 + max(2.48, 0)) )/ 2 )
=-1.868/( ( 24.836 + 24.763 )/ 2 )
=-1.868/24.7995
=-7.53 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.531 + 8.206 + 3.978) - (4.299 + 0.009 + 11.243)
=-2.836

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.776 + 6.805 + 2.458) - (2.496 + 0.009 + 5.054)
=2.48

When net working capital is negative, 0 is used.

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

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

The Very Good Food Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-20.773/0.000
= %

* 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.


The Very Good Food Co EBIT Related Terms


The Very Good Food Co EBIT Historical Data

* Premium members only.

The historical data trend for The Very Good Food Co'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.

The Very Good Food Co EBIT Chart

The Very Good Food Co Annual Data
Trend Dec19 Dec20 Dec21
EBIT
-1.65 -10.43 -40.26

The Very Good Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -9.95 -9.51 -6.54 -4.26 -0.47

VGFCQ vs KHC, GIS, HRL: EBIT Comparison

For the Packaged Foods subindustry, The Very Good Food Co'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 Very Good Food Co EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Very Good Food Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Very Good Food Co's EV-to-EBIT falls into.


VGFCQ
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The Very Good Food Co Inc VGFCQ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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The Very Good Food Co 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.77 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 $-20.77 Mil mean?
The Very Good Food Co (VGFCQ) has a EBIT of $-20.77 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Very Good Food Co.
Is The Very Good Food Co's EBIT too high?
The Very Good Food Co's current EBIT is $-20.77 Mil. Overall, The Very Good Food Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Very Good Food Co's EBIT compare to KHC and GIS?
The Very Good Food Co's EBIT of $-20.77 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 The Very Good Food Co. The Very Good Food Co's current EBIT is $-20.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Very Good Food Co stock overvalued right now?
The Very Good Food Co (VGFCQ) has a current EBIT of $-20.77 Mil. The current EBIT is $-20.77 Mil. The Very Good Food Co's overall GF Score™ is 12/100. 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 The Very Good Food Co (VGFCQ), the current EBIT is $-20.77 Mil as of Sep. 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.

The Very Good Food Co Business Description

Address 2748 Rupert Street, Vancouver, BC, CAN, M4W 3P4
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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