EAM Solar ASA (OSL:EAM) EBIT : kr-4.08 Mil (TTM As of Mar. 2024)

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What is EAM Solar ASA EBIT?

EAM Solar ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr3.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-4.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EAM Solar ASA's annualized ROC % for the quarter that ended in Mar. 2024 was -8.59%. EAM Solar ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EAM Solar ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.93%.

EAM Solar ASA EBIT Historical Data

The historical data trend for EAM Solar ASA'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.

EAM Solar ASA EBIT Chart

EAM Solar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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11.29

1.37

-36.32

-19.81

-7.87

EAM Solar ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															6.46	-3.64	-1.18	-3.22	3.96

Competitive Comparison of EAM Solar ASA's EBIT

For the Utilities - Renewable subindustry, EAM Solar ASA'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.

EAM Solar ASA's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EAM Solar ASA's EV-to-EBIT falls into.

EAM Solar ASA 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-4.08 Mil.

EAM Solar ASA (OSL:EAM) EBIT Explanation

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

EAM Solar ASA's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-6.644 * ( 1 - 4.71% )	/	( (75.053	+	72.359)	/ 2 )
=	-6.3310676	/	73.706
=	-8.59 %

where

	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	))
=	97.245	-	21.214	-	( 0.978	-	max(0, 28.646	-	31.924	+	0.978	))
=	75.053

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	93.906	-	21.259	-	( 0.288	-	max(0, 29.206	-	30.175	+	0.288	))
=	72.359

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

EAM Solar ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	15.824	/	( ( (62.468 + max(-12.414, 0))	+	(61.008 + max(-13.437, 0)) )	/	2 )
=	15.824	/	( ( 62.468	+	61.008 )	/	2 )
=	15.824	/	61.738
=	25.63 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	11.009)	-	(21.214	+	0	+	2.209)
=	-12.414

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	10.255)	-	(21.259	+	0	+	2.433)
=	-13.437

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

EAM Solar ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-4.082	/	103.883
	=	-3.93 %

EAM Solar ASA EBIT Related Terms

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EAM Solar ASA (OSL:EAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » EAM Solar ASA (OSL:EAM) » Definitions » EBIT

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EA2:Germany

Address

Bryggetorget 7, Oslo, NOR, 0250

Website

https://www.eamsolar.no

EAM Solar ASA is an Investment company that acquires and operates solar power plants for long-term ownership. The company is mainly active in Italy and operates four solar power plants which generate electricity. The solar power plants operated by the company are Lorusso, Brundesini, Scardino, and ENFO 25.

EAM Solar ASA (OSL:EAM) Headlines

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