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Code Green Apparel (Code Green Apparel) EBIT : $-1.05 Mil (TTM As of Sep. 2017)


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What is Code Green Apparel EBIT?

Code Green Apparel's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2017 was $-0.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2017 was $-1.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Code Green Apparel's annualized ROC % for the quarter that ended in Sep. 2017 was -19.78%. Code Green Apparel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was -17,180.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Code Green Apparel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was -81.90%.


Code Green Apparel EBIT Historical Data

The historical data trend for Code Green Apparel'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.

Code Green Apparel EBIT Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
EBIT
Get a 7-Day Free Trial -0.60 -6.15 -0.56 -1.51 -2.55

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 1.25 -1.71 0.16 0.94 -0.45

Competitive Comparison of Code Green Apparel's EBIT

For the Apparel Manufacturing subindustry, Code Green Apparel'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.


Code Green Apparel's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Code Green Apparel's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's EV-to-EBIT falls into.



Code Green Apparel 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.05 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.


Code Green Apparel  (OTCPK:CGAC) EBIT Explanation

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

Code Green Apparel's annualized ROC % for the quarter that ended in Sep. 2017 is calculated as:

ROC % (Q: Sep. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2017 ) + Invested Capital (Q: Sep. 2017 ))/ count )
=-0.408 * ( 1 - 0% )/( (1.63 + 2.495)/ 2 )
=-0.408/2.0625
=-19.78 %

where

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

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

Code Green Apparel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2017  Q: Sep. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.804/( ( (0.011 + max(-1.675, 0)) + (0.01 + max(-2.339, 0)) )/ 2 )
=-1.804/( ( 0.011 + 0.01 )/ 2 )
=-1.804/0.0105
=-17,180.95 %

where Working Capital is:

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.016) - (0.497 + 0 + 1.194)
=-1.675

Working Capital(Q: Sep. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.44 + 0 + 1.899)
=-2.339

When net working capital is negative, 0 is used.

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

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

Code Green Apparel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2017 )
=-1.054/1.287
=-81.90 %

* 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.


Code Green Apparel EBIT Related Terms

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Code Green Apparel (Code Green Apparel) Business Description

Traded in Other Exchanges
N/A
Address
9713 Stratus Drive, Dripping Springs, TX, USA, 78620
Code Green Apparel Corp is a bitcoin mining company. The company's objective is to mine bitcoin and sell it for cash and declare and distribute dividends with respect to available cash to its holders of the capital stock.