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Tiger Reef (Tiger Reef) EBIT : $-1.02 Mil (TTM As of Jun. 2017)


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What is Tiger Reef EBIT?

Tiger Reef's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2017 was $-0.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2017 was $-1.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tiger Reef's annualized ROC % for the quarter that ended in Jun. 2017 was -178.01%. Tiger Reef's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Tiger Reef EBIT Historical Data

The historical data trend for Tiger Reef'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.

Tiger Reef EBIT Chart

Tiger Reef Annual Data
Trend Dec13 Dec14 Dec15 Dec16
EBIT
- -0.07 -0.21 -0.46

Tiger Reef Quarterly Data
Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -0.70 -0.20 -0.14 -0.30 -0.39

Competitive Comparison of Tiger Reef's EBIT

For the Beverages - Wineries & Distilleries subindustry, Tiger Reef'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.

Tiger Reef's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tiger Reef's EV-to-EBIT distribution charts can be found below:

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


Tiger Reef 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.02 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.

Tiger Reef  (OTCPK:TGRR) EBIT Explanation

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

Tiger Reef's annualized ROC % for the quarter that ended in Jun. 2017 is calculated as:

ROC % (Q: Jun. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2017 ) + Invested Capital (Q: Jun. 2017 ))/ count )
=-0.696 * ( 1 - 0% )/( (0.152 + 0.63)/ 2 )
=-0.696/0.391
=-178.01 %

where

Invested Capital(Q: Mar. 2017 )
=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))
=0.004 - 0.225 - ( 0.004 - max(0, 0.377 - 0.004+0.004))
=0.152

Invested Capital(Q: Jun. 2017 )
=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))
=0.025 - 0.199 - ( 0 - max(0, 0.804 - 0+0))
=0.63

Note: The Operating Income data used here is four times the quarterly (Jun. 2017) data.

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

Tiger Reef's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: Jun. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.552/( ( (0 + max(-0.303, 0)) + (0 + max(-0.682, 0)) )/ 2 )
=-1.552/( ( 0 + 0 )/ 2 )
=-1.552/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.225 + 0 + 0.078)
=-0.303

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.199 + 0 + 0.483)
=-0.682

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2017 )
=-1.024/0.000
= %

* 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.

Tiger Reef EBIT Related Terms

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Tiger Reef (Tiger Reef) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tiger Reef Inc (OTCPK:TGRR) » Definitions » EBIT
Comparable Companies
TSXV:FGH BOM:531635 WAR:TLV XZIM:AFDS.ZW NSE:RKDL BOM:507498 NSE:AURDIS ASX:DW8 PACV XKLS:5188 XSAT:UMIDA B THST ASX:AWY SGX:BKV OTSE:LINDA ESDI OSTO:MACK B VDKB BOM:530305 LSE:GUS
Traded in Other Exchanges
N/A
Address
Wellsburg Street No. 7, Dutch West Indies, Cole Bay, SXM
Website
http://www.tigerreefinc.com
Tiger Reef Inc is a producer of ultra-premium rums under the Tiger Reef brand. It is also a developer of casual dining restaurant properties in the Caribbean under the Mermaid Reef Ocean Grill and Lounge brand.