/term/owner-earnings/LGBI LGBI (Cannabiz Mobile) Owner Earnings per Share (TTM)
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Cannabiz Mobile (Cannabiz Mobile) Owner Earnings per Share (TTM) : (As of . 20)


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What is Cannabiz Mobile Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Cannabiz Mobile does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Cannabiz Mobile's Owner Earnings per Share (TTM) or its related term are showing as below:



LGBI's Price-to-Owner-Earnings is not ranked *
in the Diversified Financial Services industry.
Industry Median: 7.655
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Cannabiz Mobile's Earnings per Share (Diluted) for the three months ended in . 20 was $0.00. Cannabiz Mobile does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in . 20.

Cannabiz Mobile's EPS without NRI for the three months ended in . 20 was $0.00. Cannabiz Mobile does not have enough years/quarters to calculate its EPS without NRI for the trailing twelve months (TTM) ended in . 20.


Cannabiz Mobile Owner Earnings per Share (TTM) Historical Data

The historical data trend for Cannabiz Mobile's Owner Earnings per Share (TTM) 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.

Cannabiz Mobile Owner Earnings per Share (TTM) Chart

Cannabiz Mobile Annual Data
Trend
Owner Earnings per Share (TTM)

Cannabiz Mobile Quarterly Data
Owner Earnings per Share (TTM)

Competitive Comparison of Cannabiz Mobile's Owner Earnings per Share (TTM)

For the Shell Companies subindustry, Cannabiz Mobile's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Cannabiz Mobile's Price-to-Owner-Earnings Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cannabiz Mobile's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Cannabiz Mobile's Price-to-Owner-Earnings falls into.



Cannabiz Mobile Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Cannabiz Mobile does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Cannabiz Mobile Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Cannabiz Mobile's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Cannabiz Mobile (Cannabiz Mobile) Business Description

Traded in Other Exchanges
N/A
Address
3445 Lawrence Avenue, Oceanside, NY, USA, 11572
Cannabiz Mobile Inc is a mobile media and marketing company. It is engaged in servicing businesses in the medical marijuana industry. The company markets a subscription-based, in the cloud, mobile media solution to care givers, dispensaries, hydroponic, and others.

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