SWMBRD Sports (XCNQ:SWIM) EBIT: C$-1.09 Mil (TTM As of Nov. 2023)

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What is SWMBRD Sports EBIT?

SWMBRD Sports XCNQ:SWIM EBIT is C$-1.09 Mil as of Nov. 2023.

SWMBRD Sports's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was C$-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was C$-1.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SWMBRD Sports's annualized ROC % for the quarter that ended in Nov. 2023 was -420.97%. SWMBRD Sports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -767.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SWMBRD Sports's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -241.69%.

SWMBRD Sports  (XCNQ:SWIM) EBIT Explanation

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

SWMBRD Sports's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=-1.044 * ( 1 - 0% )/( (0.259 + 0.237)/ 2 )
=-1.044/0.248
=-420.97 %

where

Invested Capital(Q: Aug. 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))
=0.414 - 0.663 - ( 0.002 - max(0, 0.663 - 0.155+0.002))
=0.259

Invested Capital(Q: Nov. 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))
=0.339 - 0.778 - ( 0.001 - max(0, 0.778 - 0.102+0.001))
=0.237

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

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

SWMBRD Sports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.044/( ( (0.14 + max(-0.52, 0)) + (0.132 + max(-0.678, 0)) )/ 2 )
=-1.044/( ( 0.14 + 0.132 )/ 2 )
=-1.044/0.136
=-767.65 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.097 + 0.046) - (0.663 + 0 + 0)
=-0.52

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.078 + 0.022) - (0.778 + 0 + 0)
=-0.678

When net working capital is negative, 0 is used.

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

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

SWMBRD Sports's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2023 )
=-1.09/0.451
=-241.69 %

* 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.

SWMBRD Sports EBIT Related Terms

SWMBRD Sports EBIT Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports EBIT Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
EBIT
-0.17 -1.09 -2.18

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.58 -0.31 -0.23 -0.29 -0.26

XCNQ:SWIM vs MAT, HAS, PLNT: EBIT Comparison

For the Leisure subindustry, SWMBRD Sports'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.

SWMBRD Sports EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SWMBRD Sports's EV-to-EBIT distribution charts can be found below:

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


SWMBRD Sports 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.09 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of C$-1.09 Mil mean?
SWMBRD Sports (XCNQ:SWIM) has a EBIT of C$-1.09 Mil as of Nov. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SWMBRD Sports.
Is SWMBRD Sports' EBIT too high?
SWMBRD Sports' current EBIT is C$-1.09 Mil.
How does SWMBRD Sports' EBIT compare to MAT and HAS?
SWMBRD Sports' EBIT of C$-1.09 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SWMBRD Sports. SWMBRD Sports's current EBIT is C$-1.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current EBIT of C$-1.09 Mil. The current EBIT is C$-1.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current EBIT is C$-1.09 Mil as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.