Solidion Technology (Solidion Technology) EBIT : $ Mil (TTM As of Dec. 2023)

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What is Solidion Technology EBIT?

Solidion Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-3.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Solidion Technology's annualized ROC % for the quarter that ended in Dec. 2023 was -3.20%. Solidion Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -266.92%.

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

Solidion Technology EBIT Historical Data

The historical data trend for Solidion Technology'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.

Solidion Technology EBIT Chart

Solidion Technology Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-3.49

-0.90

-3.51

Solidion Technology Semi-Annual Data
	Dec21	Dec22	Dec23
EBIT	-3.49	-0.90	-3.51

Competitive Comparison of Solidion Technology's EBIT

For the Electrical Equipment & Parts subindustry, Solidion Technology'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.

Solidion Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solidion Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Solidion Technology's EV-to-EBIT falls into.

Solidion Technology 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $ Mil.

Solidion Technology (NAS:STI) EBIT Explanation

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

Solidion Technology'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: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-3.51 * ( 1 - -8.68% )	/	( (127.944	+	110.279)	/ 2 )
=	-3.814668	/	119.1115
=	-3.20 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	128.58	-	0.784	-	( 0.546	-	max(0, 0.909	-	0.761	+	0.546	))
=	127.944

	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	))
=	71.345	-	3.928	-	( 0.02	-	max(0, 71.213	-	28.351	+	0.02	))
=	110.279

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

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

Solidion Technology'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: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.51	/	( ( (2.63 + max(-1.639, 0))	+	(0 + max(-40.679, 0)) )	/	2 )
=	-3.51	/	( ( 2.63	+	0 )	/	2 )
=	-3.51	/	1.315
=	-266.92 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0.023	+	-0.879)	-	(0.784	+	0	+	0)
=	-1.639

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	28.331)	-	(3.928	+	0.52	+	64.562)
=	-40.679

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Solidion Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	195.970
	=	%

Solidion Technology EBIT Related Terms

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Solidion Technology (Solidion Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solidion Technology Inc (NAS:STI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1240 McCook Avenue, Dayton, OH, USA, 45404

Website

Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.

Solidion Technology (Solidion Technology) Headlines

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