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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) EBIT

: $1,878 Mil (TTM As of Sep. 2023)
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Centrais Eletricas Brasileiras's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $491 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $1,878 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Centrais Eletricas Brasileiras's annualized ROC % for the quarter that ended in Sep. 2023 was 6.31%. Centrais Eletricas Brasileiras's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 26.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Centrais Eletricas Brasileiras's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 7.66%.


Centrais Eletricas Brasileiras EBIT Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,203.96 2,632.81 1,845.60 2,451.74 1,535.11

Centrais Eletricas Brasileiras Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT 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 Premium Member Only Premium Member Only Premium Member Only 275.17 20.91 669.95 696.58 490.83

Competitive Comparison

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras EV-to-EBIT Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas Brasileiras's EV-to-EBIT falls into.



Centrais Eletricas Brasileiras 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,878 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.


Centrais Eletricas Brasileiras  (NYSE:EBR) EBIT Explanation

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

Centrais Eletricas Brasileiras's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=1649.4 * ( 1 - -91.46% )/( (50622.901 + 49511.841)/ 2 )
=3157.94124/50067.371
=6.31 %

where

Invested Capital(Q: Jun. 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))
=54281.072 - 792.539 - ( 3837.457 - max(0, 6147.95 - 9013.582+3837.457))
=50622.901

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))
=56048.557 - 1044.826 - ( 6332.912 - max(0, 6259.194 - 11751.084+6332.912))
=49511.841

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

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

Centrais Eletricas Brasileiras's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1963.316/( ( (7191.488 + max(-431.923, 0)) + (7852.615 + max(-360.2, 0)) )/ 2 )
=1963.316/( ( 7191.488 + 7852.615 )/ 2 )
=1963.316/7522.0515
=26.10 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(932.44 + 96.001 + 1299.137) - (792.539 + 33.54 + 1933.422)
=-431.923

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1064.533 + 91.696 + 834.531) - (1044.826 + 32.262 + 1273.872)
=-360.2

When net working capital is negative, 0 is used.

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

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

Centrais Eletricas Brasileiras's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=1878.265/24536.033
=7.66 %

* 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.


Centrais Eletricas Brasileiras EBIT Related Terms

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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines