BLKCF (Global Gaming Technologies) EBIT : $-4.31 Mil (TTM As of Jul. 2019)

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What is Global Gaming Technologies EBIT?

Global Gaming Technologies's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2019 was $-0.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2019 was $-4.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Gaming Technologies's annualized ROC % for the quarter that ended in Jul. 2019 was -532.19%. Global Gaming Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2019 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Global Gaming Technologies EBIT Historical Data

The historical data trend for Global Gaming Technologies'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.

Global Gaming Technologies EBIT Chart

Global Gaming Technologies Annual Data

Trend

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

EBIT

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-0.17

-0.31

-0.56

-62.57

-4.70

Global Gaming Technologies Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19
EBIT	Get a 7-Day Free Trial															-1.24	-1.60	-0.67	-1.26	-0.78

Competitive Comparison of Global Gaming Technologies's EBIT

For the Electronic Gaming & Multimedia subindustry, Global Gaming Technologies'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.

Global Gaming Technologies's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Global Gaming Technologies's EV-to-EBIT distribution charts can be found below:

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

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Global Gaming Technologies 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 Jul. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.31 Mil.

Global Gaming Technologies (OTCPK:BLKCF) EBIT Explanation

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

Global Gaming Technologies's annualized ROC % for the quarter that ended in Jul. 2019 is calculated as:

	ROC % (Q: Jul. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Apr. 2019 )	+	Invested Capital (Q: Jul. 2019 ))	/ count )
=	-3.108 * ( 1 - 0% )	/	( (1.03	+	0.138)	/ 2 )
=	-3.108	/	0.584
=	-532.19 %

where

	Invested Capital		(Q: Apr. 2019 )
=	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	))
=	14.519	-	4.09	-	( 13.605	-	max(0, 5.12	-	14.519	+	13.605	))
=	1.03

	Invested Capital		(Q: Jul. 2019 )
=	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	))
=	14.396	-	4.248	-	( 13.699	-	max(0, 4.386	-	14.396	+	13.699	))
=	0.138

Note: The Operating Income data used here is four times the quarterly (Jul. 2019) data.

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

Global Gaming Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jul. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Apr. 2019		Q: Jul. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.108	/	( ( (0 + max(-3.224, 0))	+	(0 + max(-3.607, 0)) )	/	2 )
=	-3.108	/	( ( 0	+	0 )	/	2 )
=	-3.108	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Apr. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.914)	-	(4.09	+	0	+	0.048)
=	-3.224

	Working Capital		(Q: Jul. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.697)	-	(4.248	+	0	+	0.056)
=	-3.607

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jul. 2019 )
	=	-4.307	/	0.000
	=	%

Global Gaming Technologies EBIT Related Terms

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Global Gaming Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Global Gaming Technologies Corp (OTCPK:BLKCF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.globalblockchain.io

Global Gaming Technologies Corp is a Canada-based gaming industry investment holding company. It provides investment exposure to digital interactive entertainment in emerging technologies, such as augmented reality, virtual reality, artificial intelligence, eSports and traditional games platforms, such as mobile and console.

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