GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Three Sixty Solar Ltd (OTCPK:VSOLF) » Definitions » EBIT

Three Sixty Solar (Three Sixty Solar) EBIT : $-3.89 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Three Sixty Solar EBIT?

Three Sixty Solar's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Three Sixty Solar's annualized ROC % for the quarter that ended in Mar. 2024 was -518.31%. Three Sixty Solar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -851.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Three Sixty Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -113.70%.


Three Sixty Solar EBIT Historical Data

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar EBIT Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.13 -1.12 -1.99 -1.75 -6.87

Three Sixty Solar 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 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 -3.00 -1.59 -1.59 -0.29 -0.42

Competitive Comparison of Three Sixty Solar's EBIT

For the Solar subindustry, Three Sixty Solar'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.


Three Sixty Solar's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's EV-to-EBIT distribution charts can be found below:

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



Three Sixty Solar 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 $-3.89 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.


Three Sixty Solar  (OTCPK:VSOLF) EBIT Explanation

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

Three Sixty Solar'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 )
=-1.84 * ( 1 - 0% )/( (0.364 + 0.346)/ 2 )
=-1.84/0.355
=-518.31 %

where

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

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

Three Sixty Solar'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 )
=-1.668/( ( (0.207 + max(-0.764, 0)) + (0.185 + max(-1.077, 0)) )/ 2 )
=-1.668/( ( 0.207 + 0.185 )/ 2 )
=-1.668/0.196
=-851.02 %

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 + 0.215) - (0.956 + 0.024 + -0.00099999999999989)
=-0.764

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.068) - (1.131 + 0.014 + 0)
=-1.077

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-3.885/3.417
=-113.70 %

* 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.


Three Sixty Solar EBIT Related Terms

Thank you for viewing the detailed overview of Three Sixty Solar's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Three Sixty Solar (Three Sixty Solar) Business Description

Traded in Other Exchanges
Address
408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.

Three Sixty Solar (Three Sixty Solar) Headlines

From GuruFocus

Three Sixty Solar Connects with First Nations & M�tis Communities

By Value_Insider Value_Insider 11-22-2022

Three Sixty Solar Adds Key Advisor

By Value_Insider Value_Insider 10-25-2022

Three Sixty Solar Provides Look Ahead

By Stock market mentor Stock market mentor 01-19-2023

Three Sixty Solar Inks US Distribution Agreement

By sperokesalga sperokesalga 05-09-2023

Three Sixty Solar Certifies New Tower Design

By Value_Insider Value_Insider 10-21-2022

Three Sixty Solar Towers to be Used to Develop Broadband Network

By sperokesalga sperokesalga 03-23-2023

Three Sixty Solar Receives Positive Review of Technology Patentability

By Stock market mentor Stock market mentor 01-26-2023

Three Sixty Solar Reports on Tower Benefits and Durability

By sperokesalga sperokesalga 03-02-2023