Worldwide Strategies (Worldwide Strategies) EBIT : $-0.43 Mil (TTM As of Apr. 2023)

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What is Worldwide Strategies EBIT?

Worldwide Strategies's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2023 was $-0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2023 was $-0.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Worldwide Strategies's annualized ROC % for the quarter that ended in Apr. 2023 was -17.51%. Worldwide Strategies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was -49.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Worldwide Strategies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was -71.71%.

Worldwide Strategies EBIT Historical Data

The historical data trend for Worldwide Strategies'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.

Worldwide Strategies EBIT Chart

Worldwide Strategies Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul20

Jul21

Jul22

EBIT

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-0.16

-0.04

-1.33

-0.03

Worldwide Strategies Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
EBIT	Get a 7-Day Free Trial															-0.01	-0.01	-0.28	-0.08	-0.07

Competitive Comparison of Worldwide Strategies's EBIT

For the Shell Companies subindustry, Worldwide Strategies'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.

Worldwide Strategies's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Worldwide Strategies's EV-to-EBIT distribution charts can be found below:

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

Worldwide Strategies 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.43 Mil.

Worldwide Strategies (OTCPK:WWSG) EBIT Explanation

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

Worldwide Strategies's annualized ROC % for the quarter that ended in Apr. 2023 is calculated as:

	ROC % (Q: Apr. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2023 )	+	Invested Capital (Q: Apr. 2023 ))	/ count )
=	-0.292 * ( 1 - 0% )	/	( (1.7	+	1.635)	/ 2 )
=	-0.292	/	1.6675
=	-17.51 %

where

	Invested Capital		(Q: Jan. 2023 )
=	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	))
=	0.62	-	0.494	-	( 0	-	max(0, 1.574	-	0	+	0	))
=	1.7

	Invested Capital		(Q: Apr. 2023 )
=	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	))
=	0.563	-	0.512	-	( 0	-	max(0, 1.584	-	0	+	0	))
=	1.635

Note: The Operating Income data used here is four times the quarterly (Apr. 2023) data.

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

Worldwide Strategies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2023		Q: Apr. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.292	/	( ( (0.62 + max(-0.494, 0))	+	(0.563 + max(-0.512, 0)) )	/	2 )
=	-0.292	/	( ( 0.62	+	0.563 )	/	2 )
=	-0.292	/	0.5915
=	-49.37 %

where Working Capital is:

	Working Capital		(Q: Jan. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.494	+	0	+	0)
=	-0.494

	Working Capital		(Q: Apr. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.512	+	0	+	0)
=	-0.512

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2023) EBIT data.

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

Worldwide Strategies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Apr. 2023 )
	=	-0.431	/	0.601
	=	-71.71 %

Worldwide Strategies EBIT Related Terms

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Worldwide Strategies (Worldwide Strategies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Worldwide Strategies Inc (OTCPK:WWSG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208

Website

http://www.worldwide-strategies.com

Worldwide Strategies Inc is a shell company.

Executives

Thomas Edward Mccabe	officer: Chief Financial Officer	10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney	director	2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia	10 percent owner	8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen	director
James P Samuels	director, 10 percent owner, officer: CEO	3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg	director	18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo	director	1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville	director, officer: CFO	3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane	director	3620 MAIN STREET, MUNHALL PA 15120

Worldwide Strategies (Worldwide Strategies) Headlines

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