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Great Tang Bid Technology (Great Tang Bid Technology) EBITDA per Share : $-0.09 (TTM As of Mar. 2022)


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What is Great Tang Bid Technology EBITDA per Share?

Great Tang Bid Technology's EBITDA per Share for the three months ended in Mar. 2022 was $-0.08. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.09.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Great Tang Bid Technology's EBITDA per Share or its related term are showing as below:

GTBT's 3-Year EBITDA Growth Rate is not ranked *
in the Chemicals industry.
Industry Median: 5.4
* Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.

Great Tang Bid Technology's EBITDA for the three months ended in Mar. 2022 was $-0.02 Mil.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.


Great Tang Bid Technology EBITDA per Share Historical Data

The historical data trend for Great Tang Bid Technology's EBITDA per Share 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.

Great Tang Bid Technology EBITDA per Share Chart

Great Tang Bid Technology Annual Data
Trend May07 May08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec20 Dec21
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.46 -19.67 -3.95 - -0.01

Great Tang Bid Technology Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
EBITDA per Share 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.01 - -0.08

Great Tang Bid Technology EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Great Tang Bid Technology's EBITDA per Share for the fiscal year that ended in Dec. 2021 is calculated as

EBITDA per Share(A: Dec. 2021 )
=EBITDA/Shares Outstanding (Diluted Average)
=-0.002/0.238
=-0.01

Great Tang Bid Technology's EBITDA per Share for the quarter that ended in Mar. 2022 is calculated as

EBITDA per Share(Q: Mar. 2022 )
=EBITDA/Shares Outstanding (Diluted Average)
=-0.02/0.238
=-0.08

EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09

* 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.


Great Tang Bid Technology  (OTCPK:GTBT) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Great Tang Bid Technology EBITDA per Share Related Terms

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Great Tang Bid Technology (Great Tang Bid Technology) Business Description

Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Great Tang Bid Technology Inc formerly ESP Resources Inc through its subsidiaries manufacture, blends, distributes and markets specialty chemicals and analytical services to the oil and gas industry. The company provides services for the upstream and downstream sectors of the energy industry, including new construction, onshore and offshore production, gathering, refining facilities and pipelines. Its products include analysis and formulation products, production chemicals and completion chemicals. The firm operates in the United States of America.
Executives
Robert H Geiges officer: Chief Financial Officer 9224 N LONGFEATHER, FOUNTAIN HILLS AZ 85268
David Dugas director, officer: Chief Executive Officer 1255 LIONS CLUB ROAD, SCOTT LA 70583
William M Cox director 111 LIONS CLUB STREET, SCOTT LA 70583
Tony Primeaux director, officer: Vice-President 111 LIONS CLUB STREET, SCOTT LA 70583
Christopher Sean Metcalf director, officer: President and CEO 815-A BRAZOS ST., #322, AUSTIN TX 78701
Celine Totman director, officer: Secretary Treasurer 3316 WEST 1ST AVENUE, VANCOUVER A1 V6R 1G4
Peter Hughes director, officer: President and CEO 3316 WEST 1ST AVENUE, VANCOUVER A1 V6R 1G4

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