GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » West Island Brands Inc (XCNQ:WIB) » Definitions » EBIT

West Island Brands (XCNQ:WIB) EBIT : C$-4.31 Mil (TTM As of Sep. 2022)


View and export this data going back to 2012. Start your Free Trial

What is West Island Brands EBIT?

West Island Brands's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was C$-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was C$-4.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. West Island Brands's annualized ROC % for the quarter that ended in Sep. 2022 was -41.48%. West Island Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -48.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. West Island Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -147.47%.


West Island Brands EBIT Historical Data

The historical data trend for West Island Brands'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.

West Island Brands EBIT Chart

West Island Brands Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.03 -5.45 -1.38 -8.49 -5.07

West Island Brands Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -1.43 -3.01 -0.41 -0.39 -0.50

Competitive Comparison of West Island Brands's EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, West Island Brands'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.


West Island Brands's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, West Island Brands's EV-to-EBIT distribution charts can be found below:

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



West Island Brands 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.31 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.


West Island Brands  (XCNQ:WIB) EBIT Explanation

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

West Island Brands's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.984 * ( 1 - 0% )/( (4.878 + 4.689)/ 2 )
=-1.984/4.7835
=-41.48 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

West Island Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.004/( ( (3.892 + max(0.583, 0)) + (3.799 + max(-0.281, 0)) )/ 2 )
=-2.004/( ( 4.475 + 3.799 )/ 2 )
=-2.004/4.137
=-48.44 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.128 + 0.687 + 0.197) - (1.391 + 0 + 0.038)
=0.583

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.701 + 0.687 + 0.182) - (1.813 + 0 + 0.038)
=-0.281

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

West Island Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-4.306/2.920
=-147.47 %

* 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.


West Island Brands EBIT Related Terms

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


West Island Brands (XCNQ:WIB) Business Description

Traded in Other Exchanges
N/A
Address
44 Victoria Street, Suite 1102, Toronto, ON, CAN, M5C 1Y2
West Island Brands Inc is a Canadian holding company, operating in the vertically integrated cannabis space. The company sells and distributes recreational and medical cannabis through a subsidiary, West Island Culture. The firm operates out of its cultivation and processing facility in Dorval, Quebec. The company sells cannabis products under the OUEST and CITOYEN brands.

West Island Brands (XCNQ:WIB) Headlines

No Headlines