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Citrine Global (Citrine Global) EBIT : $-2.30 Mil (TTM As of Sep. 2023)


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What is Citrine Global EBIT?

Citrine Global's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Citrine Global's annualized ROC % for the quarter that ended in Sep. 2023 was -69.70%. Citrine Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -977.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Citrine Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -19.39%.


Citrine Global EBIT Historical Data

The historical data trend for Citrine Global'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.

Citrine Global EBIT Chart

Citrine Global Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.13 -1.84 -8.37 -3.39 -2.01

Citrine Global Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT 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 -0.59 -0.67 -0.52 -0.58 -0.52

Competitive Comparison of Citrine Global's EBIT

For the Packaged Foods subindustry, Citrine Global'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.


Citrine Global's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Citrine Global's EV-to-EBIT distribution charts can be found below:

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



Citrine Global 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.30 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.


Citrine Global  (OTCPK:CTGL) EBIT Explanation

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

Citrine Global's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-2.096 * ( 1 - 0% )/( (2.703 + 3.311)/ 2 )
=-2.096/3.007
=-69.70 %

where

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

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

Citrine Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.096/( ( (0.218 + max(-1.644, 0)) + (0.211 + max(-1.894, 0)) )/ 2 )
=-2.096/( ( 0.218 + 0.211 )/ 2 )
=-2.096/0.2145
=-977.16 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.418) - (0.452 + 0 + 1.61)
=-1.644

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.342) - (0.487 + 0 + 1.749)
=-1.894

When net working capital is negative, 0 is used.

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

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

Citrine Global's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-2.296/11.842
=-19.39 %

* 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.


Citrine Global EBIT Related Terms

Thank you for viewing the detailed overview of Citrine Global's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Citrine Global (Citrine Global) Business Description

Traded in Other Exchanges
N/A
Address
5 Golden Beach, Caesarea, ISR, 3088900
Citrine Global Corp is a plant-based wellness and pharma solutions company. Its product line includes GreenFeels; SmokLy; Medicinal Mushrooms; Booster; Personal Protection and Balance and Calm products.
Executives
David Kretzmer director 350 FIFTH AVENUE, NEW YORK NY 10118
Ilan Ben-ishay director C/O CITRINE S A L, INVESTMENT & HOLDINGS LTD 3 HAMELACHA ST, TEL AVIV L3 6721503
Yaron Pitaru 10 percent owner C/O WEALTHSTONE HOLDINGS LTD,, 3 HAMELACHA, TEL AVIV L3 10036
Soffer Ora Meir director, 10 percent owner C/O CITRINE S A L, INVESTMENT & HOLDINGS LTD, 3 HAMELAC ST, TEL AVIV L3 6721503
Golden Holdings Neto Ltd 10 percent owner 18 BAALEI MELACHA, HAIFA L3 3223016
Citrine S A L Investment & Holdings Ltd 10 percent owner 3 HAMELACHA ST, TEL AVIV L3 6721503
Wealthstone Private Equity Ltd 10 percent owner 3 HAMELACHA ST, TEL AVIV L3 6721503
Wealthstone Holdings Ltd 10 percent owner 3 HAMELACHA, TEL AVIV L3 6721503
Beezz Home Technologies Ltd 10 percent owner KEREM MAHARAL, MOSHAV L3 3084000
Ilanit Halperin director C/O CITRINE S A L, INVESTMENT & HOLDINGS LTD, 3 HAMELACHA, TEL AVIV L3 6721503
Yossef De-levy director 1140 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Oren Traistman director 1140 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tali Dinar officer: Chief Financial Officer C/O MICRONET ENERTEC TECHNOLOGIES, INC., 70 KINDERKAMACK ROAD, EMERSON NJ 07630
Marius Nacht 10 percent owner 18 YEHEZKEL ST, TEL AVIV-YAFO L3 6259524
Zvi Yemini director, officer: Chief Executive Officer 1140 AVENUE OF THE AMERICAS, NEW YORK NY 10036

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