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My City Builders (My City Builders) EBIT : $-2.93 Mil (TTM As of Jan. 2024)


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What is My City Builders EBIT?

My City Builders's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-1.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-2.93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. My City Builders's annualized ROC % for the quarter that ended in Jan. 2024 was -14.83%. My City Builders's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -360.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. My City Builders's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -71.68%.


My City Builders EBIT Historical Data

The historical data trend for My City Builders'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.

My City Builders EBIT Chart

My City Builders Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.16 -0.04 -0.02 -1.89

My City Builders 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 -0.01 -0.01 -1.84 -0.07 -1.01

Competitive Comparison of My City Builders's EBIT

For the Real Estate - Development subindustry, My City Builders'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.


My City Builders's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, My City Builders's EV-to-EBIT distribution charts can be found below:

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



My City Builders 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 $-2.93 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.


My City Builders  (OTCPK:MYCB) EBIT Explanation

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

My City Builders'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 )
=-0.24 * ( 1 - 0% )/( (1.921 + 1.315)/ 2 )
=-0.24/1.618
=-14.83 %

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:

My City Builders'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 )
=-4.032/( ( (0.973 + max(-3.949, 0)) + (1.265 + max(-0.72, 0)) )/ 2 )
=-4.032/( ( 0.973 + 1.265 )/ 2 )
=-4.032/1.119
=-360.32 %

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)
=(0 + 0 + 0.03) - (3.979 + 0 + 0)
=-3.949

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.026) - (0.745 + 0 + 0.001)
=-0.72

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:

My City Builders's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-2.931/4.089
=-71.68 %

* 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.


My City Builders EBIT Related Terms

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My City Builders (My City Builders) Business Description

Traded in Other Exchanges
N/A
Address
100 Biscayne Boulevard, Suite 1611, Miami, FL, USA, 33132
My City Builders Inc with its subsidiary focuses on real estate transactions, in which it buys and develops real estate for sale or rent of low-income housing. It also plans to invest in three sectors of the market by buying, refurbishing, and selling traditional foreclosures, buying, developing, and renting Land Banks that have an average pool of homes or lots, and buying, refurbishing, or developing and selling homes made available by the government through HECM pools.
Executives
Francis Pittilloni director 488 NE 18TH STREET, APARTMENT 2307, MIAMI FL 33132
Yolanda Goodell director 1115 EAST 500 NORTH, LEHI UT 84043
Gonzalez Romero Jose Maria Eduardo director PH TORRE LA CRESTA, BELLAVISTA R1 0801
Iconic Private Equity Partners 10 percent owner 8/F, ASIA STANDARD TOWER, NO. 59-65 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Daniel Tsai director, officer: CEO, CFO, President 7579 NORTHRUP DR., SAN DIEGO CA 92126
Jennifer Irons officer: Chief Financial Officer 203 - 1634 HARVEY AVENUE, KELOWNA A1 V1V 6G2
Chad Ulansky director, officer: CEO&Pres, Treasurer, Secretary 203 - 1634 HARVEY AVE., KELOWNA A1 V1Y 6G2