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Westport Fuel Systems (Westport Fuel Systems) EBIT

: $-45.7 Mil (TTM As of Dec. 2023)
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Westport Fuel Systems's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-13.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-45.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Westport Fuel Systems's annualized ROC % for the quarter that ended in Dec. 2023 was -28.43%. Westport Fuel Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -35.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Westport Fuel Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -36.23%.


Westport Fuel Systems EBIT Historical Data

The historical data trend for Westport Fuel Systems'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.

Westport Fuel Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.41 2.06 10.46 -27.93 -45.74

Westport Fuel Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -15.75 -8.84 -12.34 -11.45 -13.11

Competitive Comparison

For the Auto Parts subindustry, Westport Fuel Systems'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.


Westport Fuel Systems EV-to-EBIT Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Westport Fuel Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Westport Fuel Systems's EV-to-EBIT falls into.



Westport Fuel Systems 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 $-45.7 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.


Westport Fuel Systems  (NAS:WPRT) EBIT Explanation

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

Westport Fuel Systems'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 )
=-60.068 * ( 1 - 0.62% )/( (211.99 + 208)/ 2 )
=-59.6955784/209.995
=-28.43 %

where

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

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

Westport Fuel Systems'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 )
=-52.44/( ( (88.294 + max(58.579, 0)) + (92.366 + max(54.865, 0)) )/ 2 )
=-52.44/( ( 146.873 + 147.231 )/ 2 )
=-52.44/147.052
=-35.66 %

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)
=(85.791 + 76.876 + 6.089) - (99.56 + 1.945 + 8.672)
=58.579

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.175 + 67.53 + 6.426) - (92.998 + 2.376 + 6.892)
=54.865

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:

Westport Fuel Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-45.735/126.242
=-36.23 %

* 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.


Westport Fuel Systems EBIT Related Terms

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Westport Fuel Systems (Westport Fuel Systems) Business Description

Traded in Other Exchanges
Address
1750 West 75th Avenue, Suite 101, Vancouver, BC, CAN, V6P 6G2
Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.
Executives
Eileen Wheatman director 125 EAST SIR FRANCIS DRAKE BLVD., STE 400, LARKSPUR CA 94939
Kevin Douglas 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Douglas Family Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Douglas James E Iii 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Peter Yu director C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Kgd 2010 Annuity Trust V 10 percent owner, other: 13(d)(3) group 125 E. SIR FRANCIS DRAKE BLVD, STE 400, LARKSPUR CA 93939
Mmd 2010 Annuity Trust V 10 percent owner, other: 13(d)(3) group 125 E. SIR FRANCIS DRAKE BLVD, STE 400, LARKSPUR CA 93939