ICEsoft Technologies Canada (XCNQ:ISFT) EBIT : C$-0.83 Mil (TTM As of Dec. 2023)

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What is ICEsoft Technologies Canada EBIT?

ICEsoft Technologies Canada's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ICEsoft Technologies Canada's annualized ROC % for the quarter that ended in Dec. 2023 was 1.16%. ICEsoft Technologies Canada's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12,190.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ICEsoft Technologies Canada's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -52.61%.

ICEsoft Technologies Canada EBIT Historical Data

The historical data trend for ICEsoft Technologies Canada'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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ICEsoft Technologies Canada EBIT Chart

ICEsoft Technologies Canada Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.54

-1.42

-1.07

-1.16

-0.53

ICEsoft Technologies Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-0.28	-0.18	-0.37	0.04	-0.32

Competitive Comparison of ICEsoft Technologies Canada's EBIT

For the Software - Application subindustry, ICEsoft Technologies Canada'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.

ICEsoft Technologies Canada's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, ICEsoft Technologies Canada's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ICEsoft Technologies Canada's EV-to-EBIT falls into.

ICEsoft Technologies Canada 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 C$-0.83 Mil.

ICEsoft Technologies Canada (XCNQ:ISFT) EBIT Explanation

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

ICEsoft Technologies Canada'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 )
=	0.012 * ( 1 - 0% )	/	( (1.161	+	0.903)	/ 2 )
=	0.012	/	1.032
=	1.16 %

where

	Invested Capital		(Q: Sep. 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	))
=	0.284	-	0.646	-	( 0.114	-	max(0, 1.796	-	0.273	+	0.114	))
=	1.161

	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	))
=	0.215	-	1.013	-	( 0.071	-	max(0, 1.905	-	0.204	+	0.071	))
=	0.903

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

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

ICEsoft Technologies Canada'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 )
=	-1.28	/	( ( (0.011 + max(-1.478, 0))	+	(0.01 + max(-1.772, 0)) )	/	2 )
=	-1.28	/	( ( 0.011	+	0.01 )	/	2 )
=	-1.28	/	0.0105
=	-12,190.48 %

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)
=	(0.145	+	0	+	0.014)	-	(0.646	+	0.991	+	0)
=	-1.478

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.107	+	0	+	0.026)	-	(1.013	+	0.893	+	-0.00099999999999989)
=	-1.772

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:

ICEsoft Technologies Canada's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.826	/	1.570
	=	-52.61 %

ICEsoft Technologies Canada EBIT Related Terms

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ICEsoft Technologies Canada (XCNQ:ISFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICEsoft Technologies Canada Corp (XCNQ:ISFT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3553 31st St. NW, Suite 261, Calgary, AB, CAN, T2L 2K7

Website

https://www.icesoft.com

ICEsoft Technologies Canada Corp and its subsidiaries are commercial Java open-source technology companies and providers of mobile-rich Internet applications development solutions for desktop and mobile enterprises. The solutions offered by the company include Voyent Alert, ICEfaces, and ICEpdf.

Executives

Steven Mark Francis	Director
Brian Clifford Mckinney	10% Security Holder, Director, Senior Officer

ICEsoft Technologies Canada (XCNQ:ISFT) Headlines

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