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Jones Soda Co (Jones Soda Co) EBIT : $-4.61 Mil (TTM As of Mar. 2024)


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What is Jones Soda Co EBIT?

Jones Soda Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-1.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jones Soda Co's annualized ROC % for the quarter that ended in Mar. 2024 was -111.02%. Jones Soda Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -119.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jones Soda Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -13.91%.


Jones Soda Co EBIT Historical Data

The historical data trend for Jones Soda Co'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.

Jones Soda Co EBIT Chart

Jones Soda Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.31 -2.82 -1.56 -6.00 -4.82

Jones Soda Co 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 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 -1.35 -1.01 -0.93 -1.53 -1.15

Competitive Comparison of Jones Soda Co's EBIT

For the Beverages - Non-Alcoholic subindustry, Jones Soda Co'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.


Jones Soda Co's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Jones Soda Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jones Soda Co's EV-to-EBIT falls into.



Jones Soda Co 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 $-4.61 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.


Jones Soda Co  (OTCPK:JSDA) EBIT Explanation

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

Jones Soda Co'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 )
=-4.58 * ( 1 - -0.88% )/( (4.357 + 3.966)/ 2 )
=-4.620304/4.1615
=-111.02 %

where

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

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

Jones Soda Co'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 )
=-4.58/( ( (0.137 + max(3.729, 0)) + (0.121 + max(3.694, 0)) )/ 2 )
=-4.58/( ( 3.866 + 3.815 )/ 2 )
=-4.58/3.8405
=-119.26 %

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)
=(2.118 + 2.392 + 1.218) - (1.682 + 0 + 0.317)
=3.729

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.258 + 3.589 + 1.241) - (4.394 + 0 + 0)
=3.694

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:

Jones Soda Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.608/33.133
=-13.91 %

* 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.


Jones Soda Co EBIT Related Terms

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Jones Soda Co (Jones Soda Co) Business Description

Traded in Other Exchanges
N/A
Address
4786 1st Avenue South, Suite 103, Seattle, WA, USA, 98134
Jones Soda Co develops, produces, markets and distributes premium beverages which the company sells and distributes in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The company's products are sold in grocery stores, convenience and gas stores, restaurants, and sandwich shops among others. Geographically, the firm generates a majority of its revenue from the United States.
Executives
Gregg Reichman director 4786 1ST AVENUE SOUTH, SUITE 103, SEATTLE WA 98134
David A. Knight officer: CEO, President C/O REGO PAYMENT ARCHITECTURES, INC., 18327 GRIDLEY ROAD, SUITE K, CERRITOS CA 90703
Ronald L Dissinger director PO BOX 3599, BATTLE CREEK MI 49016-3599
Sol Global Investments Corp. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Alex Spiro director 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Chad Bronstein director C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Mark F. Murray director, officer: President and CEO C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Robert Wesley Blair officer: Chief Marketing Officer C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Mick Fleming director C/O JONES SODA CO., 234 9TH AVE N, SEATTLE WA 98109
Jeffrey D. Anderson director 66 S. HANFORD ST., SUITE 150, SEATTLE WA 98134
Joe Culp officer: Controller, PFO,PAO C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Paul T Norman director PO BOX 3599, BATTLE CREEK MI 49016-3599
Clive M Sirkin director ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Jamie Colbourne director, officer: Acting Prin. Financial Officer C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Heavenly Rx Ltd. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X1CR