Medies (Medies) EBIT : $-0.06 Mil (TTM As of Nov. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Medies EBIT?

Medies's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2023 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Medies's annualized ROC % for the quarter that ended in Nov. 2023 was -22.64%. Medies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -92.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Medies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -0.67%.

Medies EBIT Historical Data

The historical data trend for Medies'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.

Medies EBIT Chart

Medies Annual Data

Trend

Feb22

Feb23

EBIT

-0.06

Medies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
EBIT	Get a 7-Day Free Trial			-0.01	-0.03	-0.01	-0.01	-0.01

Competitive Comparison of Medies's EBIT

For the Entertainment subindustry, Medies'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.

Medies's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Medies's EV-to-EBIT distribution charts can be found below:

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

Medies 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Medies (OTCPK:MEDE) EBIT Explanation

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

Medies's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

	ROC % (Q: Nov. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2023 )	+	Invested Capital (Q: Nov. 2023 ))	/ count )
=	-0.024 * ( 1 - 0% )	/	( (0.108	+	0.104)	/ 2 )
=	-0.024	/	0.106
=	-22.64 %

where

	Invested Capital		(Q: Aug. 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	))
=	0.049	-	0.005	-	( 0	-	max(0, 0.064	-	0	+	0	))
=	0.108

	Invested Capital		(Q: Nov. 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	))
=	0.044	-	0.004	-	( 0	-	max(0, 0.064	-	0	+	0	))
=	0.104

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

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

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

	ROC (Joel Greenblatt) %		(Q: Nov. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2023		Q: Nov. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.024	/	( ( (0.027 + max(-0.005, 0))	+	(0.025 + max(-0.004, 0)) )	/	2 )
=	-0.024	/	( ( 0.027	+	0.025 )	/	2 )
=	-0.024	/	0.026
=	-92.31 %

where Working Capital is:

	Working Capital		(Q: Aug. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.005	+	0	+	0)
=	-0.005

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.004	+	0	+	0)
=	-0.004

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2023 )
	=	-0.056	/	8.405
	=	-0.67 %

Medies EBIT Related Terms

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

Medies (Medies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Medies (OTCPK:MEDE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Fall Park Court, Leeds, West Yorkshire, GBR, LS13 2LP

Website

Medies provide a novel type of service within the scope of the online streaming industry and the metaverse network. Via motion and still, pictures digital database, meta movement, aims to connect creative artists and dancers, through the development of visual experience—specifically through metaverse technology.

Medies (Medies) Headlines

No Headlines