GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indigenous Bloom Hemp Corp (XCNQ:IBH) » Definitions » EBIT

Indigenous Bloom Hemp (XCNQ:IBH) EBIT : C$-1.63 Mil (TTM As of Feb. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Indigenous Bloom Hemp EBIT?

Indigenous Bloom Hemp's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2023 was C$-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2023 was C$-1.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indigenous Bloom Hemp's annualized ROC % for the quarter that ended in Feb. 2023 was -18.42%. Indigenous Bloom Hemp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2023 was -50.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indigenous Bloom Hemp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2023 was -114.44%.


Indigenous Bloom Hemp EBIT Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp EBIT Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
EBIT
Get a 7-Day Free Trial Premium Member Only -13.09 -3.24 -1.78 -0.59 -2.28

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 -6.77 -0.08 -1.47 -0.11 -0.05

Competitive Comparison of Indigenous Bloom Hemp's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indigenous Bloom Hemp's EV-to-EBIT falls into.



Indigenous Bloom Hemp 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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.63 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.


Indigenous Bloom Hemp  (XCNQ:IBH) EBIT Explanation

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

Indigenous Bloom Hemp's annualized ROC % for the quarter that ended in Feb. 2023 is calculated as:

ROC % (Q: Feb. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2022 ) + Invested Capital (Q: Feb. 2023 ))/ count )
=-0.204 * ( 1 - 0% )/( (1.123 + 1.092)/ 2 )
=-0.204/1.1075
=-18.42 %

where

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

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

Indigenous Bloom Hemp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Feb. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.204/( ( (0.428 + max(-2.298, 0)) + (0.384 + max(-2.438, 0)) )/ 2 )
=-0.204/( ( 0.428 + 0.384 )/ 2 )
=-0.204/0.406
=-50.25 %

where Working Capital is:

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.174 + 0.003) - (2.475 + 0 + 0)
=-2.298

Working Capital(Q: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.174 + 0.003) - (2.615 + 0 + -4.4408920985006E-16)
=-2.438

When net working capital is negative, 0 is used.

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

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

Indigenous Bloom Hemp's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2023 )
=-1.625/1.420
=-114.44 %

* 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.


Indigenous Bloom Hemp EBIT Related Terms

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


Indigenous Bloom Hemp (XCNQ:IBH) Business Description

Traded in Other Exchanges
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.

Indigenous Bloom Hemp (XCNQ:IBH) Headlines

No Headlines