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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) EBIT : $-0.46 Mil (TTM As of Aug. 2023)


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What is Life Electric Vehicles Holdings EBIT?

Life Electric Vehicles Holdings's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2023 was $-0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2023 was $-0.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Life Electric Vehicles Holdings's annualized ROC % for the quarter that ended in Aug. 2023 was -56.75%. Life Electric Vehicles Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -71.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Life Electric Vehicles Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -7.86%.


Life Electric Vehicles Holdings EBIT Historical Data

The historical data trend for Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings EBIT Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.67 0.46 1.02 -1.20 -0.83

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
EBIT Get a 7-Day Free Trial 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 -0.30 -0.19 -0.32 -0.09 -0.46

Competitive Comparison of Life Electric Vehicles Holdings's EBIT

For the Recreational Vehicles subindustry, Life Electric Vehicles Holdings'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.


Life Electric Vehicles Holdings's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Life Electric Vehicles Holdings's EV-to-EBIT falls into.



Life Electric Vehicles Holdings 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.46 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.


Life Electric Vehicles Holdings  (OTCPK:LFEV) EBIT Explanation

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

Life Electric Vehicles Holdings's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2022 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-1.832 * ( 1 - 0% )/( (0 + 3.228)/ 1 )
=-1.832/3.228
=-56.75 %

where

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

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

Life Electric Vehicles Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.832/( ( (0 + max(0, 0)) + (0 + max(2.558, 0)) )/ 1 )
=-1.832/( ( 0 + 2.558 )/ 1 )
=-1.832/2.558
=-71.62 %

where Working Capital is:

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.217) - (0.574 + 0 + 0.085)
=2.558

When net working capital is negative, 0 is used.

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

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

Life Electric Vehicles Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=-0.458/5.827
=-7.86 %

* 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.


Life Electric Vehicles Holdings EBIT Related Terms

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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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