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PlasCred Circular Innovations (XCNQ:PLAS) EBIT : C$-5.99 Mil (TTM As of Sep. 2024)


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What is PlasCred Circular Innovations EBIT?

PlasCred Circular Innovations's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-5.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PlasCred Circular Innovations's annualized ROC % for the quarter that ended in Sep. 2024 was -264.08%. PlasCred Circular Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -262.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PlasCred Circular Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -143.26%.

PlasCred Circular Innovations EBIT Historical Data

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations EBIT Chart

PlasCred Circular Innovations Annual Data
Trend Dec22 Dec23
EBIT
- -10.09

PlasCred Circular Innovations Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial -5.31 -4.14 -0.66 -0.68 -0.51

Competitive Comparison of PlasCred Circular Innovations's EBIT

For the Waste Management subindustry, PlasCred Circular Innovations'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.

PlasCred Circular Innovations's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PlasCred Circular Innovations's EV-to-EBIT falls into.


PlasCred Circular Innovations 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.99 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.

PlasCred Circular Innovations  (XCNQ:PLAS) EBIT Explanation

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

PlasCred Circular Innovations's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-2.04 * ( 1 - 0% )/( (0.78 + 0.765)/ 2 )
=-2.04/0.7725
=-264.08 %

where

Invested Capital(Q: Jun. 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))
=1.541 - 1.55 - ( 0.067 - max(0, 1.551 - 0.762+0.067))
=0.78

Invested Capital(Q: Sep. 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))
=0.912 - 1.015 - ( 0.046 - max(0, 1.015 - 0.147+0.046))
=0.765

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

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

PlasCred Circular Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.024/( ( (0.779 + max(-1.037, 0)) + (0.765 + max(-1.004, 0)) )/ 2 )
=-2.024/( ( 0.779 + 0.765 )/ 2 )
=-2.024/0.772
=-262.18 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.513) - (1.55 + 0 + 0)
=-1.037

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.011) - (1.015 + 0 + 0)
=-1.004

When net working capital is negative, 0 is used.

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

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

PlasCred Circular Innovations's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-5.991/4.182
=-143.26 %

* 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.

PlasCred Circular Innovations EBIT Related Terms

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PlasCred Circular Innovations Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (XCNQ:PLAS) » Definitions » EBIT
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Traded in Other Exchanges
MGPRF:USA XV2:Germany
Address
715 - 5th Avenue SW, Suite 815, Vancouver, BC, CAN, T2P 2X6
Website
https://www.plascred.com
PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

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