FendX Technologies (XCNQ:FNDX) EBIT : C$-3.76 Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is FendX Technologies EBIT?

FendX Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-1.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-3.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FendX Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was -2,346.67%. FendX Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,558.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FendX Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.98%.

FendX Technologies EBIT Historical Data

The historical data trend for FendX Technologies'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.

FendX Technologies EBIT Chart

FendX Technologies Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-1.12

-2.00

-3.76

FendX Technologies Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial				-0.58	-0.78	-0.89	-0.83	-1.28

Competitive Comparison of FendX Technologies's EBIT

For the Specialty Chemicals subindustry, FendX Technologies'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.

FendX Technologies's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FendX Technologies's EV-to-EBIT distribution charts can be found below:

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

FendX Technologies 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.76 Mil.

FendX Technologies (XCNQ:FNDX) EBIT Explanation

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

FendX Technologies's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-5.104 * ( 1 - 0% )	/	( (0.434	+	0.001)	/ 2 )
=	-5.104	/	0.2175
=	-2,346.67 %

where

	Invested Capital		(Q: Sep. 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	))
=	1.391	-	0.227	-	( 0.73	-	max(0, 0.227	-	1.39	+	0.73	))
=	0.434

	Invested Capital		(Q: Dec. 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	))
=	0.564	-	0.52	-	( 0.267	-	max(0, 0.52	-	0.563	+	0.267	))
=	0.001

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

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

FendX Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.104	/	( ( (0.001 + max(0.397, 0))	+	(0.001 + max(-0.248, 0)) )	/	2 )
=	-5.104	/	( ( 0.398	+	0.001 )	/	2 )
=	-5.104	/	0.1995
=	-2,558.40 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.624)	-	(0.227	+	0	+	0)
=	0.397

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.272)	-	(0.52	+	0	+	0)
=	-0.248

When net working capital is negative, 0 is used.

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

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

FendX Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.764	/	26.926
	=	-13.98 %

FendX Technologies EBIT Related Terms

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

FendX Technologies (XCNQ:FNDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FendX Technologies Inc (XCNQ:FNDX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

FDXTF:USA E8D:Germany

Address

2010 Winston Park Drive, 2nd Floor, Oakville, ON, CAN, L6H 5R7

Website

https://www.fendxtech.com

FendX Technologies Inc is a technology company focused on developing surface protection products that protect surfaces from pathogen contamination. It is focused on the research, development and commercialization of surface protection coatings using Licensed Technology. The company is currently developing its anticipated first product, REPELWRAP to protect high-contact surfaces from contamination to reduce the transmission of harmful pathogens. The Company has a growing intellectual property portfolio consisting of licensed nonprovisional national stage patent applications.