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Black Swan Graphene (TSXV:SWAN) EBIT : C$-4.51 Mil (TTM As of Mar. 2024)


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What is Black Swan Graphene EBIT?

Black Swan Graphene's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$-0.69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-4.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Black Swan Graphene's annualized ROC % for the quarter that ended in Mar. 2024 was -32.56%. Black Swan Graphene's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -525.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Black Swan Graphene's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -13.70%.

Black Swan Graphene EBIT Historical Data

The historical data trend for Black Swan Graphene'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.

Black Swan Graphene EBIT Chart

Black Swan Graphene Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- -1.94 -3.95 -4.70

Black Swan Graphene Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.88 -1.52 -1.01 -1.29 -0.69

Competitive Comparison of Black Swan Graphene's EBIT

For the Chemicals subindustry, Black Swan Graphene'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.

Black Swan Graphene's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Black Swan Graphene's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Black Swan Graphene's EV-to-EBIT falls into.


Black Swan Graphene 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.51 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.

Black Swan Graphene  (TSXV:SWAN) EBIT Explanation

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

Black Swan Graphene's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-2.752 * ( 1 - 0% )/( (8.509 + 8.396)/ 2 )
=-2.752/8.4525
=-32.56 %

where

Invested Capital(Q: Dec. 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))
=13.947 - 0.114 - ( 5.324 - max(0, 0.114 - 5.9+5.324))
=8.509

Invested Capital(Q: Mar. 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))
=13.287 - 0.097 - ( 4.794 - max(0, 0.097 - 5.476+4.794))
=8.396

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

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

Black Swan Graphene's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.752/( ( (0 + max(0.462, 0)) + (0 + max(0.585, 0)) )/ 2 )
=-2.752/( ( 0.462 + 0.585 )/ 2 )
=-2.752/0.5235
=-525.69 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.575 + 0 + 0.0010000000000003) - (0.114 + 0 + 0)
=0.462

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.65 + 0 + 0.032) - (0.097 + 0 + 0)
=0.585

When net working capital is negative, 0 is used.

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

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

Black Swan Graphene's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.509/32.922
=-13.70 %

* 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.

Black Swan Graphene EBIT Related Terms

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Black Swan Graphene (TSXV:SWAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Black Swan Graphene Inc (TSXV:SWAN) » Definitions » EBIT
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XCNQ:FAT TSXV:HELI TSXV:CH XCNQ:OPC SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 CE XKLS:5183 XKRX:086520 TSE:4091 TPE:1326 SZSE:002460 XBRU:SOLB SHSE:603260 SHSE:600426
Traded in Other Exchanges
BSWGF:USA R96:Germany
Address
120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1
Website
https://www.blackswangraphene.com
Black Swan Graphene Inc is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymers, Li-ion batteries, and others, which are expected to require large volumes of graphene and, in turn, require large volumes of graphite.
Executives
Harry Macklyn Swan Director