General Enterprise Ventures (General Enterprise Ventures) EBIT : $-13.26 Mil (TTM As of Mar. 2024)

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What is General Enterprise Ventures EBIT?

General Enterprise Ventures's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-3.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-13.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. General Enterprise Ventures's annualized ROC % for the quarter that ended in Mar. 2024 was -250.46%. General Enterprise Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11,083.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. General Enterprise Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -61.63%.

General Enterprise Ventures EBIT Historical Data

The historical data trend for General Enterprise Ventures'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.

General Enterprise Ventures EBIT Chart

General Enterprise Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.11

-0.04

-2.92

-10.10

General Enterprise Ventures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-0.35	-0.36	-9.02	-0.37	-3.52

Competitive Comparison of General Enterprise Ventures's EBIT

For the Specialty Chemicals subindustry, General Enterprise Ventures'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.

General Enterprise Ventures's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, General Enterprise Ventures's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where General Enterprise Ventures's EV-to-EBIT falls into.

General Enterprise Ventures 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.26 Mil.

General Enterprise Ventures (OTCPK:GEVI) EBIT Explanation

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

General Enterprise Ventures's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-10.548 * ( 1 - 0% )	/	( (4.339	+	4.084)	/ 2 )
=	-10.548	/	4.2115
=	-250.46 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	5.303	-	1.364	-	( 0.55	-	max(0, 1.618	-	1.218	+	0.55	))
=	4.339

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	5.254	-	1.379	-	( 0.371	-	max(0, 1.461	-	1.252	+	0.371	))
=	4.084

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

General Enterprise Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-14.076	/	( ( (0.137 + max(-0.696, 0))	+	(0.117 + max(-0.498, 0)) )	/	2 )
=	-14.076	/	( ( 0.137	+	0.117 )	/	2 )
=	-14.076	/	0.127
=	-11,083.46 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.427	+	0.23	+	0.011)	-	(1.364	+	0	+	0)
=	-0.696

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.681	+	0.189	+	0.011)	-	(1.379	+	0	+	0)
=	-0.498

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

General Enterprise Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-13.263	/	21.522
	=	-61.63 %

General Enterprise Ventures EBIT Related Terms

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General Enterprise Ventures (General Enterprise Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » General Enterprise Ventures Inc (OTCPK:GEVI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1740H Del Range Bloulevard, Suite 166, Cheyenne, WY, USA, 82009

Website

https://www.generalenterpriseventures.com

General Enterprise Ventures Inc is a fully integrated technology company structured to provide mergers and acquisitions of new and available technology. Through Its services, it incubates first-to-market products and helps existing companies accelerate their product development within all regulatory requirements. The company focuses on its wholly-owned subsidiary Mighty Fire Breaker LLC. Its revenues currently consist of products used for lumber products for fire prevention.

Executives

Robert L Priddy	10 percent owner	9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael Falk	10 percent owner	830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Comvest Capital, Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Group Holdings, Llc	10 percent owner	ONE NORTH CLEMANTIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Capital Management Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Cvc California Llc	10 percent owner	ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
James P Stapleton	director
Brett Maxwell Clark	officer: Chief Financial Officer	3191 TEMPLE AVE., POMONA CA 91768
John A Brunkow	director	3191 TEMPLE STE 250, POMONA, CA 91768
Cobbs Cabell F Ii	officer: Chief Financial Officer	3191 TEMPLE AVE., SUITE 250, POMONA CA 91768
Timothy J Koziol	officer: CEO	3191 TEMPLE AVE, SUITE 250, POMONA CA 91768
Rhodes Clyde E Jr	officer: Secretary	3191 TEMPLE AVE, SUITE 250, POMONA CA 91768