Candles Scandinavia B (OSTO:CANDLE B) EBIT : kr0.1 Mil (TTM As of Jan. 2024)

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What is Candles Scandinavia B EBIT?

Candles Scandinavia B's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was kr-2.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was kr0.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Candles Scandinavia B's annualized ROC % for the quarter that ended in Jan. 2024 was -5.85%. Candles Scandinavia B's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -9.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Candles Scandinavia B's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 0.03%.

Candles Scandinavia B EBIT Historical Data

The historical data trend for Candles Scandinavia B'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.

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Candles Scandinavia B EBIT Chart

Candles Scandinavia B Annual Data

Trend

Apr20

Apr21

Apr22

EBIT

4.65

12.12

-14.89

Candles Scandinavia B Quarterly Data
	Apr20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial										0.25	-1.55	-2.74	6.33	-1.98

Competitive Comparison of Candles Scandinavia B's EBIT

For the Household & Personal Products subindustry, Candles Scandinavia B'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.

Candles Scandinavia B's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candles Scandinavia B's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Candles Scandinavia B's EV-to-EBIT falls into.

Candles Scandinavia B 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.1 Mil.

Candles Scandinavia B (OSTO:CANDLE B) EBIT Explanation

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

Candles Scandinavia B's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-7.908 * ( 1 - 20.61% )	/	( (117.983	+	96.798)	/ 2 )
=	-6.2781612	/	107.3905
=	-5.85 %

where

	Invested Capital		(Q: Oct. 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	))
=	127.491	-	0	-	( 9.508	-	max(0, 15.909	-	100.765	+	9.508	))
=	117.983

	Invested Capital		(Q: Jan. 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	))
=	119.572	-	0	-	( 22.774	-	max(0, 11.165	-	92.069	+	22.774	))
=	96.798

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

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

Candles Scandinavia B's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-7.908	/	( ( (21.789 + max(70.786, 0))	+	(22.077 + max(52.468, 0)) )	/	2 )
=	-7.908	/	( ( 92.575	+	74.545 )	/	2 )
=	-7.908	/	83.56
=	-9.46 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(29.507	+	57.187	+	0.0010000000000048)	-	(0	+	0	+	15.909)
=	70.786

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.784	+	50.849	+	0)	-	(0	+	0	+	11.165)
=	52.468

When net working capital is negative, 0 is used.

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

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

Candles Scandinavia B's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	0.066	/	260.034
	=	0.03 %

Candles Scandinavia B EBIT Related Terms

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Candles Scandinavia B (OSTO:CANDLE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candles Scandinavia B (OSTO:CANDLE B) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cv-Gatan 38 B, Orebro, SWE, 703 82

Website

https://www.candles.se

Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B (OSTO:CANDLE B) Headlines

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