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Cascadia Blockchain Group (XCNQ:CK) EBIT : C$-0.82 Mil (TTM As of Jul. 2024)


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What is Cascadia Blockchain Group EBIT?

Cascadia Blockchain Group's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was C$-0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was C$-0.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cascadia Blockchain Group's annualized ROC % for the quarter that ended in Jul. 2024 was -760.00%. Cascadia Blockchain Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cascadia Blockchain Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -19.38%.


Cascadia Blockchain Group EBIT Historical Data

The historical data trend for Cascadia Blockchain Group'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.

Cascadia Blockchain Group EBIT Chart

Cascadia Blockchain Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.92 -0.06 -0.94 -0.38

Cascadia Blockchain Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 Premium Member Only Premium Member Only -0.11 -0.08 -0.11 -0.53 -0.10

Competitive Comparison of Cascadia Blockchain Group's EBIT

For the Software - Application subindustry, Cascadia Blockchain Group'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.


Cascadia Blockchain Group's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Cascadia Blockchain Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cascadia Blockchain Group's EV-to-EBIT falls into.



Cascadia Blockchain Group 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.82 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.


Cascadia Blockchain Group  (XCNQ:CK) EBIT Explanation

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

Cascadia Blockchain Group's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-0.38 * ( 1 - 0% )/( (0.05 + 0.05)/ 2 )
=-0.38/0.05
=-760.00 %

where

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

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

Cascadia Blockchain Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.38/( ( (0 + max(-1.02, 0)) + (0 + max(-1.057, 0)) )/ 2 )
=-0.38/( ( 0 + 0 )/ 2 )
=-0.38/0
= %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.02 + 0 + 0)
=-1.02

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -1.3877787807814E-17) - (1.057 + 0 + 0)
=-1.057

When net working capital is negative, 0 is used.

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

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

Cascadia Blockchain Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=-0.819/4.227
=-19.38 %

* 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.


Cascadia Blockchain Group EBIT Related Terms

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Cascadia Blockchain Group Business Description

Traded in Other Exchanges
N/A
Address
Richmond Centre 6060 Minoru Boulevard, PO Box 43166, Richmond, BC, CAN, V6Y 3Y3
Cascadia Blockchain Group Corp is in an early stage of development for the application of blockchain technology under one segment in the development of blockchain technology platforms in the digital asset and cryptocurrency sectors.

Cascadia Blockchain Group Headlines

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