Saltbae Capital (Saltbae Capital) EBIT : $-11.91 Mil (TTM As of Mar. 2019)

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What is Saltbae Capital EBIT?

Saltbae Capital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2019 was $-2.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2019 was $-11.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saltbae Capital's annualized ROC % for the quarter that ended in Mar. 2019 was -67.83%. Saltbae Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was -148.97%.

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

Saltbae Capital EBIT Historical Data

The historical data trend for Saltbae Capital'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.

Saltbae Capital EBIT Chart

Saltbae Capital Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

EBIT

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-0.34

-3.92

-0.25

-0.36

-0.91

Saltbae Capital Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
EBIT	Get a 7-Day Free Trial															-0.44	-5.46	-2.06	-1.72	-2.67

Competitive Comparison of Saltbae Capital's EBIT

For the Electrical Equipment & Parts subindustry, Saltbae Capital'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.

Saltbae Capital's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saltbae Capital's EV-to-EBIT distribution charts can be found below:

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

Saltbae Capital 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.91 Mil.

Saltbae Capital (OTCPK:CECBF) EBIT Explanation

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

Saltbae Capital's annualized ROC % for the quarter that ended in Mar. 2019 is calculated as:

	ROC % (Q: Mar. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2018 )	+	Invested Capital (Q: Mar. 2019 ))	/ count )
=	-10.672 * ( 1 - 0% )	/	( (15.633	+	15.832)	/ 2 )
=	-10.672	/	15.7325
=	-67.83 %

where

	Invested Capital		(Q: Dec. 2018 )
=	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	))
=	20.934	-	3.13	-	( 2.171	-	max(0, 3.157	-	10.464	+	2.171	))
=	15.633

	Invested Capital		(Q: Mar. 2019 )
=	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	))
=	20.306	-	2.591	-	( 1.883	-	max(0, 2.977	-	10.276	+	1.883	))
=	15.832

Note: The Operating Income data used here is four times the quarterly (Mar. 2019) data.

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

Saltbae Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2018		Q: Mar. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-10.672	/	( ( (2.085 + max(5.157, 0))	+	(1.649 + max(5.437, 0)) )	/	2 )
=	-10.672	/	( ( 7.242	+	7.086 )	/	2 )
=	-10.672	/	7.164
=	-148.97 %

where Working Capital is:

	Working Capital		(Q: Dec. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.867	+	7.082	+	0.344)	-	(3.13	+	0	+	0.0060000000000002)
=	5.157

	Working Capital		(Q: Mar. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.446	+	7.591	+	0.356)	-	(2.591	+	0.348	+	0.017)
=	5.437

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2019 )
	=	-11.907	/	0.000
	=	%

Saltbae Capital EBIT Related Terms

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Saltbae Capital (Saltbae Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saltbae Capital Corp (OTCPK:CECBF) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 5700, First Canadian Place, Toronto, ON, CAN, M5X 1C7

Website

https://www.cellcubeenergystorage.com

Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.