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Sharing Services Global (Sharing Services Global) EBIT : $-4.45 Mil (TTM As of Dec. 2023)


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What is Sharing Services Global EBIT?

Sharing Services Global's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sharing Services Global's annualized ROC % for the quarter that ended in Dec. 2023 was -60.66%. Sharing Services Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -390.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sharing Services Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -300.95%.


Sharing Services Global EBIT Historical Data

The historical data trend for Sharing Services Global'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.

Sharing Services Global EBIT Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only 23.15 3.70 -1.78 -7.94 -24.47

Sharing Services Global Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.60 -2.68 -1.51 0.50 -0.75

Competitive Comparison of Sharing Services Global's EBIT

For the Packaged Foods subindustry, Sharing Services Global'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.


Sharing Services Global's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sharing Services Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sharing Services Global's EV-to-EBIT falls into.



Sharing Services Global 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.45 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.


Sharing Services Global  (OTCPK:SHRG) EBIT Explanation

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

Sharing Services Global's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-2.948 * ( 1 - -0.45% )/( (4.894 + 4.869)/ 2 )
=-2.961266/4.8815
=-60.66 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Sharing Services Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.016/( ( (0.804 + max(-3.906, 0)) + (0.74 + max(-4.048, 0)) )/ 2 )
=-3.016/( ( 0.804 + 0.74 )/ 2 )
=-3.016/0.772
=-390.67 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.434 + 2.201 + 0.223) - (5.577 + 0.262 + 0.925)
=-3.906

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.494 + 2.191 + 0.258) - (5.696 + 0.37 + 0.925)
=-4.048

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Sharing Services Global's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-4.445/1.477
=-300.95 %

* 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.


Sharing Services Global EBIT Related Terms

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Sharing Services Global (Sharing Services Global) Business Description

Traded in Other Exchanges
N/A
Address
5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in a variety of companies that sell products and services to the consumer directly through independent representatives that range from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Chan Heng Fai Ambrose director, other: Exec. Chairman of the Board 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Document Security Systems Inc 10 percent owner 275 WIREGRASS PKWY, WEST HENRIETTA NY 14586
Anthony S. Chan officer: Chief Financial Officer 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010
Steven Mark Nicholls officer: Chief Financial Officer 1700 COIT ROAD, SUITE 100, PLANO TX 75075
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Sassuan (samson) Lee director 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14623
Frank D Heuszel director 275 WIREGRASS PKWY, WEST HENRIETTA, NEW YORK NY 14586
Frank Walters director, officer: SECRETARY, TREASURER, CFO C/O SHARING SERVICES, INC., 1701 COIT ROAD, SUITE 100, PLANO TX 75075
Keith R Halls director 75 W CENTER ST, PROVO UT 84601
Kip Hughes Allison director 7200 DALLAS PKWY, #2322, PLANO TX 75024
John Thatch director, officer: PRESIDENT, CEO C/O SHARING SERVICES, INC., 1701 COIT ROAD, SUITE 100, PLANO TX 75075
Bear Bull Market Dividends, Inc. 10 percent owner 600 ANTON BLVD. 11TH FLOOR, COSTA MESA CA 92626
Alchemist Holdings Llc 10 percent owner 1415 LEGACY DRIVE, SUITE 310, FRISCO TX 75034