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Pangea Natural Foods (Pangea Natural Foods) EBIT : $-1.10 Mil (TTM As of Jan. 2024)


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What is Pangea Natural Foods EBIT?

Pangea Natural Foods's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-1.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pangea Natural Foods's annualized ROC % for the quarter that ended in Jan. 2024 was -5,672.73%. Pangea Natural Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -5,942.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pangea Natural Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -167.48%.


Pangea Natural Foods EBIT Historical Data

The historical data trend for Pangea Natural Foods'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.

Pangea Natural Foods EBIT Chart

Pangea Natural Foods Annual Data
Trend Oct21 Oct22 Oct23
EBIT
- -0.66 -1.20

Pangea Natural Foods Quarterly Data
Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only -0.27 -0.44 -0.19 -0.32 -0.16

Competitive Comparison of Pangea Natural Foods's EBIT

For the Packaged Foods subindustry, Pangea Natural Foods'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.


Pangea Natural Foods's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pangea Natural Foods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pangea Natural Foods's EV-to-EBIT falls into.



Pangea Natural Foods 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 $-1.10 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.


Pangea Natural Foods  (OTCPK:PNGAF) EBIT Explanation

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

Pangea Natural Foods'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 )
=-0.624 * ( 1 - 0% )/( (0.012 + 0.01)/ 2 )
=-0.624/0.011
=-5,672.73 %

where

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

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

Pangea Natural Foods'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 )
=-0.624/( ( (0.011 + max(-0.157, 0)) + (0.01 + max(-0.146, 0)) )/ 2 )
=-0.624/( ( 0.011 + 0.01 )/ 2 )
=-0.624/0.0105
=-5,942.86 %

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)
=(0.029 + 0.044 + 0.011) - (0.241 + 0 + 0)
=-0.157

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 0.045 + 0.008) - (0.229 + 0 + 0)
=-0.146

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:

Pangea Natural Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-1.102/0.658
=-167.48 %

* 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.


Pangea Natural Foods EBIT Related Terms

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Pangea Natural Foods (Pangea Natural Foods) Business Description

Traded in Other Exchanges
Address
8035 - 130th Street, Surrey, BC, CAN, V3W 0H7
Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The Company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.