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SureNano Sciences (XCNQ:SURE) EBIT : C$-0.26 Mil (TTM As of Dec. 2024)


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What is SureNano Sciences EBIT?

SureNano Sciences's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-0.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SureNano Sciences's annualized ROC % for the quarter that ended in Dec. 2024 was -5,155.56%. SureNano Sciences's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -5,800.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SureNano Sciences's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -15.49%.


SureNano Sciences EBIT Historical Data

The historical data trend for SureNano Sciences'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.

SureNano Sciences EBIT Chart

SureNano Sciences Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
- -1.12 -0.39 -0.28

SureNano Sciences Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.06 -0.07 -0.08 -0.06 -0.06

Competitive Comparison of SureNano Sciences's EBIT

For the Specialty Chemicals subindustry, SureNano Sciences'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.


SureNano Sciences's EV-to-EBIT Distribution in the Chemicals Industry

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

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


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SureNano Sciences 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.26 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.


SureNano Sciences  (XCNQ:SURE) EBIT Explanation

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

SureNano Sciences's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-0.232 * ( 1 - 0% )/( (0.005 + 0.004)/ 2 )
=-0.232/0.0045
=-5,155.56 %

where

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

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

SureNano Sciences's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.232/( ( (0.004 + max(-0.205, 0)) + (0.004 + max(-0.235, 0)) )/ 2 )
=-0.232/( ( 0.004 + 0.004 )/ 2 )
=-0.232/0.004
=-5,800.00 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.021) - (0.227 + 0 + 0)
=-0.205

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 0.017) - (0.254 + 0 + 0)
=-0.235

When net working capital is negative, 0 is used.

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

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

SureNano Sciences's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-0.264/1.704
=-15.49 %

* 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.


SureNano Sciences EBIT Related Terms

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SureNano Sciences Business Description

Traded in Other Exchanges
N/A
Address
1650 West 2nd Avenue, Suite 350, Vancouver, BC, CAN, V6J 1H4
SureNano Sciences Ltd y is a nanotechnology supply company with the license to sell and otherwise commercialize the SureNanoTM surfactant (the SureNano Surfactant) in Canada and Colorado. The SureNano Surfactant is a ready-to-mix food-grade compound that provides the base for high-performance nanoemulsions to create homogeneous and stable products while maximizing bioavailability, clarity, and taste.
Executives
Charles Henry Malette Director

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