One World Products (One World Products) EBIT : $-3.65 Mil (TTM As of Dec. 2023)

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What is One World Products EBIT?

One World Products's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. One World Products's annualized ROC % for the quarter that ended in Dec. 2023 was -81.82%. One World Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -780.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. One World Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -52.82%.

One World Products EBIT Historical Data

The historical data trend for One World Products'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.

One World Products EBIT Chart

One World Products Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-5.83

-7.92

-3.27

-2.47

-3.65

One World Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-1.06	-0.46	-0.50	-0.38	-2.31

Competitive Comparison of One World Products's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, One World Products'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.

One World Products's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, One World Products's EV-to-EBIT distribution charts can be found below:

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

One World Products 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.65 Mil.

One World Products (OTCPK:OWPC) EBIT Explanation

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

One World Products's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-2.96 * ( 1 - 0% )	/	( (4.943	+	2.292)	/ 2 )
=	-2.96	/	3.6175
=	-81.82 %

where

	Invested Capital		(Q: Sep. 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	))
=	3.027	-	2.236	-	( 0.01	-	max(0, 4.513	-	0.361	+	0.01	))
=	4.943

	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	))
=	0.099	-	1.665	-	( 0.001	-	max(0, 3.872	-	0.014	+	0.001	))
=	2.292

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

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

One World Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-9.232	/	( ( (2.367 + max(-1.896, 0))	+	(0 + max(-1.652, 0)) )	/	2 )
=	-9.232	/	( ( 2.367	+	0 )	/	2 )
=	-9.232	/	1.1835
=	-780.06 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.012	+	0.313	+	0.026)	-	(2.236	+	0.012	+	-0.0010000000000003)
=	-1.896

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.013)	-	(1.665	+	0	+	0)
=	-1.652

When net working capital is negative, 0 is used.

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

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

One World Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.645	/	6.901
	=	-52.82 %

One World Products EBIT Related Terms

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One World Products (One World Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » One World Products Inc (OTCPK:OWPC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

6605 Grand Montecito Parkway, Suite 100, Las Vegas, NV, USA, 89118

Website

https://oneworldproducts.com

One World Products Inc along with its subsidiaries is engaged in the cultivation, production, and distribution of raw cannabis and hemp plant ingredients for both medical and industrial uses. It focuses on cultivating, processing, and supplying cannabis oil, distillate, and isolate to customer's specifications.

Executives

Sommer Joerg Herman Walter	officer: President	RHEINSTR. 50, BONN 2M 53179
Terry Lynn Buffalo	director	3063 BRIGHTON BLVD, #918, DENVER CO 80216
Timothy Woods	officer: Chief Financial Officer	8191 QUINN TERRACE, VIENNA VA 22180
Vahe Gabriel	officer: CFO and COO	808 BRICKELL KEY DRIVE, APT. # 1106, MIAMI FL 33131
Isiah Iii Thomas	director, officer: CEO and Vice Chairman	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Bruce I Raben	director	430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Craig Ellins	director, officer: CEO and CFO	3035 EAST PATRICK LANE, SUITE 9, LAS VEGAS NV 89120
Lei Wang	director, 10 percent owner, officer: CEO & CFO	2609 MONTE CRESTA DRIVE, BELMONT CA 94002