Stack Capital Group (TSX:STCK) EBIT : C$-2.08 Mil (TTM As of Mar. 2024)

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What is Stack Capital Group EBIT?

Stack Capital Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stack Capital Group's annualized ROC % for the quarter that ended in Mar. 2024 was -2.07%. Stack Capital Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Stack Capital Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.66%.

Stack Capital Group EBIT Historical Data

The historical data trend for Stack Capital 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.

Stack Capital Group EBIT Chart

Stack Capital Group Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-4.42

-2.58

Stack Capital Group Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial								-0.92	0.26	0.06	-1.99	-0.41

Competitive Comparison of Stack Capital Group's EBIT

For the Asset Management subindustry, Stack Capital 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.

Stack Capital Group's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Stack Capital Group's EV-to-EBIT distribution charts can be found below:

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

Stack Capital 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.08 Mil.

Stack Capital Group (TSX:STCK) EBIT Explanation

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

Stack Capital Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-1.644 * ( 1 - 0% )	/	( (71.853	+	87.098)	/ 2 )
=	-1.644	/	79.4755
=	-2.07 %

where

	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	))
=	97.101	-	0.351	-	( 25.074	-	max(0, 0.351	-	25.248	+	25.074	))
=	71.853

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	101.309	-	0.495	-	( 14.064	-	max(0, 0.495	-	14.211	+	14.064	))
=	87.098

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

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

Stack Capital Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.644	/	( ( (0 + max(-0.177, 0))	+	(0 + max(-0.348, 0)) )	/	2 )
=	-1.644	/	( ( 0	+	0 )	/	2 )
=	-1.644	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.174)	-	(0.351	+	0	+	0)
=	-0.177

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.147)	-	(0.495	+	0	+	0)
=	-0.348

When net working capital is negative, 0 is used.

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

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

Stack Capital Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-2.08	/	78.157
	=	-2.66 %

Stack Capital Group EBIT Related Terms

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Stack Capital Group (TSX:STCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stack Capital Group Inc (TSX:STCK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

STCGF:USA

Address

155 Wellington Street West, Suite 3140, Toronto, ON, CAN, M5V 3H1

Website

https://www.stackcapitalgroup.com

Stack Capital Group Inc is a newly formed investment holding company. It is focused on investing in growth to late-stage private issuers with operating businesses, with long-term growth potential, located in, or with customers, suppliers or business primarily conducted in or dependent on, Canada or the United States. Its business objective is to maximize its long-term capital appreciation by seeking to achieve superior risk-adjusted investment performance.

Executives

Jeffrey Parks	Director, Senior Officer
Jason Meiers	Senior Officer

Stack Capital Group (TSX:STCK) Headlines

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