Zero Gravity Solutions (Zero Gravity Solutions) EBIT : $-4.07 Mil (TTM As of Sep. 2019)

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What is Zero Gravity Solutions EBIT?

Zero Gravity Solutions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was $-1.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was $-4.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zero Gravity Solutions's annualized ROC % for the quarter that ended in Sep. 2019 was -652.01%. Zero Gravity Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -6,008.28%.

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

Zero Gravity Solutions EBIT Historical Data

The historical data trend for Zero Gravity Solutions'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.

Zero Gravity Solutions EBIT Chart

Zero Gravity Solutions Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

EBIT

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-2.86

-4.78

-6.79

-7.53

-4.70

Zero Gravity Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
EBIT	Get a 7-Day Free Trial															-1.01	-1.04	-0.90	-1.04	-1.09

Competitive Comparison of Zero Gravity Solutions's EBIT

For the Agricultural Inputs subindustry, Zero Gravity Solutions'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.

Zero Gravity Solutions's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zero Gravity Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zero Gravity Solutions's EV-to-EBIT falls into.

Zero Gravity Solutions 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.07 Mil.

Zero Gravity Solutions (OTCPK:ZGSI) EBIT Explanation

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

Zero Gravity Solutions's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

	ROC % (Q: Sep. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2019 )	+	Invested Capital (Q: Sep. 2019 ))	/ count )
=	-4.776 * ( 1 - 0% )	/	( (0.871	+	0.594)	/ 2 )
=	-4.776	/	0.7325
=	-652.01 %

where

	Invested Capital		(Q: Jun. 2019 )
=	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	))
=	2.375	-	0.672	-	( 1.783	-	max(0, 1.244	-	2.076	+	1.783	))
=	0.871

	Invested Capital		(Q: Sep. 2019 )
=	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	))
=	1.077	-	0.984	-	( 0.505	-	max(0, 1.241	-	0.74	+	0.505	))
=	0.594

Note: The Operating Income data used here is four times the quarterly (Sep. 2019) data.

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

Zero Gravity Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2019		Q: Sep. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.356	/	( ( (0.073 + max(-0.595, 0))	+	(0.072 + max(-0.86, 0)) )	/	2 )
=	-4.356	/	( ( 0.073	+	0.072 )	/	2 )
=	-4.356	/	0.0725
=	-6,008.28 %

where Working Capital is:

	Working Capital		(Q: Jun. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.002	+	0.026	+	0.265)	-	(0.672	+	0	+	0.216)
=	-0.595

	Working Capital		(Q: Sep. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0.047	+	0.187)	-	(0.984	+	0	+	0.111)
=	-0.86

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

Zero Gravity Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2019 )
	=	-4.07	/	0.000
	=	%

Zero Gravity Solutions EBIT Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zero Gravity Solutions Inc (OTCPK:ZGSI) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431

Website

http://www.zerogsi.com

Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.

Executives

Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle	director	6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams	director	2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye	director, officer: Chairman	190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

Zero Gravity Solutions (Zero Gravity Solutions) Headlines

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