Teco 2030 ASA (OSL:TECO) EBIT : kr-94.95 Mil (TTM As of Sep. 2023)

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What is Teco 2030 ASA EBIT?

Teco 2030 ASA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was kr-23.24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was kr-94.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Teco 2030 ASA's annualized ROC % for the quarter that ended in Sep. 2023 was -22.74%. Teco 2030 ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -95.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Teco 2030 ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -20.51%.

Teco 2030 ASA EBIT Historical Data

The historical data trend for Teco 2030 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.

Teco 2030 ASA EBIT Chart

Teco 2030 ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-27.05

-50.73

-84.08

Teco 2030 ASA Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial									-19.98	-29.46	-22.41	-19.85	-23.24

Competitive Comparison of Teco 2030 ASA's EBIT

For the Specialty Industrial Machinery subindustry, Teco 2030 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.

Teco 2030 ASA's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco 2030 ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Teco 2030 ASA's EV-to-EBIT falls into.

Teco 2030 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-94.95 Mil.

Teco 2030 ASA (OSL:TECO) EBIT Explanation

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

Teco 2030 ASA'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 )
=	-92.94 * ( 1 - 0% )	/	( (387.538	+	429.868)	/ 2 )
=	-92.94	/	408.703
=	-22.74 %

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	))
=	440.979	-	112.296	-	( 2.88	-	max(0, 149.321	-	90.466	+	2.88	))
=	387.538

	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	))
=	465.862	-	146.512	-	( 0.389	-	max(0, 191.542	-	81.024	+	0.389	))
=	429.868

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

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

Teco 2030 ASA'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 )
=	-92.94	/	( ( (97.992 + max(-54.041, 0))	+	(96.119 + max(-102.242, 0)) )	/	2 )
=	-92.94	/	( ( 97.992	+	96.119 )	/	2 )
=	-92.94	/	97.0555
=	-95.76 %

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)
=	(9.404	+	26.501	+	51.681)	-	(112.296	+	0	+	29.331)
=	-54.041

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44.647	+	35.988	+	1.4210854715202E-14)	-	(146.512	+	0	+	36.365)
=	-102.242

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:

Teco 2030 ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-94.951	/	462.901
	=	-20.51 %

Teco 2030 ASA EBIT Related Terms

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Teco 2030 ASA (OSL:TECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco 2030 ASA (OSL:TECO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

TECFF:USA TE9:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.teco2030.no

Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.

Teco 2030 ASA (OSL:TECO) Headlines

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