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Kaival Brands Innovations Group (Kaival Brands Innovations Group) EBIT : $-9.37 Mil (TTM As of Jan. 2024)


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What is Kaival Brands Innovations Group EBIT?

Kaival Brands Innovations Group's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-1.72 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-9.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kaival Brands Innovations Group's annualized ROC % for the quarter that ended in Jan. 2024 was -47.68%. Kaival Brands Innovations Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -268.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kaival Brands Innovations Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -82.41%.


Kaival Brands Innovations Group EBIT Historical Data

The historical data trend for Kaival Brands Innovations Group'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.

Kaival Brands Innovations Group EBIT Chart

Kaival Brands Innovations Group Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Get a 7-Day Free Trial -0.07 5.36 -10.47 -14.39 -10.66

Kaival Brands Innovations Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -3.01 -3.96 -1.65 -2.04 -1.72

Competitive Comparison of Kaival Brands Innovations Group's EBIT

For the Tobacco subindustry, Kaival Brands Innovations Group'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.


Kaival Brands Innovations Group's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Kaival Brands Innovations Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kaival Brands Innovations Group's EV-to-EBIT falls into.



Kaival Brands Innovations Group 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.37 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.


Kaival Brands Innovations Group  (NAS:KAVL) EBIT Explanation

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

Kaival Brands Innovations Group's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-6.86 * ( 1 - -0.05% )/( (15.266 + 13.524)/ 2 )
=-6.86343/14.395
=-47.68 %

where

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

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

Kaival Brands Innovations Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.86/( ( (1.011 + max(2.393, 0)) + (0.962 + max(0.751, 0)) )/ 2 )
=-6.86/( ( 3.404 + 1.713 )/ 2 )
=-6.86/2.5585
=-268.13 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.869 + 4.072 + 0.43) - (3.585 + 0.392 + 0.00099999999999945)
=2.393

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.744 + 2.058 + 0.642) - (2.414 + 0 + 0.279)
=0.751

When net working capital is negative, 0 is used.

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

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

Kaival Brands Innovations Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-9.372/11.373
=-82.41 %

* 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.


Kaival Brands Innovations Group EBIT Related Terms

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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description

Traded in Other Exchanges
N/A
Address
4460 Old Dixie Highway, Grant, FL, USA, 32949
Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.
Executives
Stephen Alan Sheriff officer: COO & IRO 4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler officer: CFO, Treasurer and Secretary KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy director 14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes officer: Interim CFO 7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel director, 10 percent owner, officer: CEO, CFO, President, Treasurer 4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser director, 10 percent owner, officer: COO, Secretary 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc 10 percent owner 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc 10 percent owner 780 RESERVOIR AVENUE, #123, CRANSTON RI 02910