YOURF (YourWay Cannabis Brands) EBIT: $6.40 Mil (TTM As of Sep. 2021)


What is YourWay Cannabis Brands EBIT?

YourWay Cannabis Brands YOURF -90.00% EBIT is $6.40 Mil as of Sep. 2021.

YourWay Cannabis Brands's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was $1.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was $6.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YourWay Cannabis Brands's annualized ROC % for the quarter that ended in Sep. 2021 was 18.25%. YourWay Cannabis Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was 63.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

YourWay Cannabis Brands  (OTCPK:YOURF) EBIT Explanation

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

YourWay Cannabis Brands's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

ROC % (Q: Sep. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2021 ))/ count )
=5.492 * ( 1 - 56.12% )/( (12.575 + 13.831)/ 2 )
=2.4098896/13.203
=18.25 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=24.379 - 4.82 - ( 6.984 - max(0, 5.744 - 15.893+6.984))
=12.575

Invested Capital(Q: Sep. 2021 )
=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))
=27.908 - 6.414 - ( 7.663 - max(0, 6.958 - 18.559+7.663))
=13.831

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

YourWay Cannabis Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.872/( ( (2.798 + max(4.089, 0)) + (3.913 + max(4.482, 0)) )/ 2 )
=4.872/( ( 6.887 + 8.395 )/ 2 )
=4.872/7.641
=63.76 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.227 + 4.242 + 0.44) - (4.82 + 0 + -8.8817841970013E-16)
=4.089

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.98 + 5.367 + 0.549) - (6.414 + 0 + 0)
=4.482

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

YourWay Cannabis Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2021 )
=6.402/0.000
= %

* 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.

YourWay Cannabis Brands EBIT Related Terms

YourWay Cannabis Brands EBIT Historical Data

* Premium members only.

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands EBIT Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
EBIT
-1.42 -2.38

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
EBIT Get a 7-Day Free Trial Premium Member Only -0.49 -0.31 2.56 2.93 1.22

YOURF vs ZTS, CTLT, VTRS: EBIT Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis Brands'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.

YourWay Cannabis Brands EV-to-EBIT vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, YourWay Cannabis Brands's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where YourWay Cannabis Brands's EV-to-EBIT falls into.


YourWay Cannabis Brands 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.40 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 $6.40 Mil mean?
YourWay Cannabis Brands (YOURF) has a EBIT of $6.40 Mil as of Sep. 2021. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on YourWay Cannabis Brands.
Is YourWay Cannabis Brands' EBIT too high?
YourWay Cannabis Brands' current EBIT is $6.40 Mil.
How does YourWay Cannabis Brands' EBIT compare to ZTS and CTLT?
YourWay Cannabis Brands' EBIT of $6.40 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good EBIT depends on the Drug Manufacturers 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 YourWay Cannabis Brands. YourWay Cannabis Brands's current EBIT is $6.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current EBIT of $6.40 Mil. The current EBIT is $6.40 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 YourWay Cannabis Brands (YOURF), the current EBIT is $6.40 Mil as of Sep. 2021. 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.

YourWay Cannabis Brands Business Description

Address 885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.