Playground Ventures (XCNQ:PLAY) EBIT : C$-0.10 Mil (TTM As of Mar. 2024)

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What is Playground Ventures EBIT?

Playground Ventures's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Playground Ventures's annualized ROC % for the quarter that ended in Mar. 2024 was -1,266.67%. Playground Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Playground Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.06%.

Playground Ventures EBIT Historical Data

The historical data trend for Playground Ventures'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.

Playground Ventures EBIT Chart

Playground Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-2.62

-0.32

-0.28

-1.90

-1.12

Playground Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial															-0.24	0.04	-0.04	-0.05	-0.02

Competitive Comparison of Playground Ventures's EBIT

For the Electronic Gaming & Multimedia subindustry, Playground Ventures'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.

Playground Ventures's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Playground Ventures's EV-to-EBIT distribution charts can be found below:

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

Playground Ventures 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.10 Mil.

Playground Ventures (XCNQ:PLAY) EBIT Explanation

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

Playground Ventures's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.076 * ( 1 - 0% )	/	( (0	+	0.012)	/ 2 )
=	-0.076	/	0.006
=	-1,266.67 %

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	))
=	0.053	-	0.384	-	( 0	-	max(0, 0.384	-	0.053	+	0	))
=	0

	Invested Capital		(Q: Mar. 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	))
=	0.034	-	0.436	-	( 0.002	-	max(0, 0.448	-	0.034	+	0.002	))
=	0.012

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

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

Playground Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.076	/	( ( (0 + max(-0.358, 0))	+	(0 + max(-0.431, 0)) )	/	2 )
=	-0.076	/	( ( 0	+	0 )	/	2 )
=	-0.076	/	0
=	%

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	+	0.026)	-	(0.384	+	0	+	0)
=	-0.358

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.004)	-	(0.436	+	0	+	-0.001)
=	-0.431

When net working capital is negative, 0 is used.

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

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

Playground Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.102	/	2.017
	=	-5.06 %

Playground Ventures EBIT Related Terms

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Playground Ventures (XCNQ:PLAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Playground Ventures Inc (XCNQ:PLAY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100-736 Granville Street, Vancouver, BC, CAN, V6Z 1G3

Website

http://www.playgroundventures.com

Playground Ventures Inc, formerly Blocplay Entertainment Inc is a Canada-based video game publisher that publishes video games that either develop internally or engage a video game developer to build. The company is mainly engaged in the business of software games development and related services. The company derives its revenue from development fees, which is contract-specific for the development of technology; and online game sales, and platform sales.

Executives

Damien Edward Reynolds

10% Security Holder