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Argo Living Soils (XCNQ:ARGO) EBIT : C$-1.03 Mil (TTM As of Aug. 2024)


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What is Argo Living Soils EBIT?

Argo Living Soils's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was C$-0.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was C$-1.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argo Living Soils's annualized ROC % for the quarter that ended in Aug. 2024 was -4,948.15%. Argo Living Soils's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -4,948.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Argo Living Soils's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -48.63%.


Argo Living Soils EBIT Historical Data

The historical data trend for Argo Living Soils'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.

Argo Living Soils EBIT Chart

Argo Living Soils Annual Data
Trend Nov20 Nov21 Nov22 Nov23
EBIT
-0.09 -0.44 -0.29 -0.54

Argo Living Soils Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.05 -0.41 -0.13 -0.33 -0.17

Competitive Comparison of Argo Living Soils's EBIT

For the Agricultural Inputs subindustry, Argo Living Soils'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.


Argo Living Soils's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Argo Living Soils's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Argo Living Soils's EV-to-EBIT falls into.



Argo Living Soils 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.03 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.


Argo Living Soils  (XCNQ:ARGO) EBIT Explanation

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

Argo Living Soils's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-0.668 * ( 1 - 0% )/( (0.027 + 6.9388939039072E-18)/ 2 )
=-0.668/0.0135
=-4,948.15 %

where

Invested Capital(Q: Aug. 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))
=0.067 - 0.076 - ( 0.055 - max(0, 0.076 - 0.067+0.055))
=6.9388939039072E-18

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

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

Argo Living Soils's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.668/( ( (0.027 + max(-0.042, 0)) + (0 + max(-0.069, 0)) )/ 2 )
=-0.668/( ( 0.027 + 0 )/ 2 )
=-0.668/0.0135
=-4,948.15 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.01) - (0.052 + 0 + 0)
=-0.042

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.007) - (0.076 + 0 + 0)
=-0.069

When net working capital is negative, 0 is used.

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

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

Argo Living Soils's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=-1.031/2.120
=-48.63 %

* 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.


Argo Living Soils EBIT Related Terms

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Argo Living Soils Business Description

Traded in Other Exchanges
Address
1130 Pender Street West, Suite 820, Vancouver, BC, CAN, V6E 4A4
Argo Living Soils Corp is an agribusiness company specializing in producing and developing organic products including soil amendments, living soils, bio-fertilizers, vermicompost, and compost tea kits formulated specifically for high-value crops.
Executives
Robert Carlo Intile Director

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