GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ideal Power Inc (NAS:IPWR) » Definitions » EBIT

Ideal Power (Ideal Power) EBIT : $-10.35 Mil (TTM As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Ideal Power EBIT?

Ideal Power's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-2.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ideal Power's annualized ROC % for the quarter that ended in Dec. 2023 was -302.13%. Ideal Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,820.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ideal Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -21.58%.


Ideal Power EBIT Historical Data

The historical data trend for Ideal Power'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.

Ideal Power EBIT Chart

Ideal Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.12 -7.79 -4.85 -7.34 -10.35

Ideal Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.99 -2.64 -2.39 -2.84 -2.49

Competitive Comparison of Ideal Power's EBIT

For the Electrical Equipment & Parts subindustry, Ideal Power'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.


Ideal Power's EV-to-EBIT Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ideal Power's EV-to-EBIT falls into.



Ideal Power 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 $-10.35 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.


Ideal Power  (NAS:IPWR) EBIT Explanation

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

Ideal Power'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 )
=-9.94 * ( 1 - 0% )/( (3.185 + 3.395)/ 2 )
=-9.94/3.29
=-302.13 %

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:

Ideal Power'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 )
=-9.94/( ( (0.546 + max(-0.273, 0)) + (0.546 + max(-0.226, 0)) )/ 2 )
=-9.94/( ( 0.546 + 0.546 )/ 2 )
=-9.94/0.546
=-1,820.51 %

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)
=(0.1 + 0 + 0.382) - (0.755 + 0 + -1.1102230246252E-16)
=-0.273

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.07 + 0.081 + 0.483) - (0.675 + 0 + 0.185)
=-0.226

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:

Ideal Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-10.352/47.974
=-21.58 %

* 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.


Ideal Power EBIT Related Terms

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


Ideal Power (Ideal Power) Business Description

Traded in Other Exchanges
Address
5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735
Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.
Executives
Gregory C Knight director C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Drue Freeman director C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Laban E Lesster director 4120 FREIDRICH LN STE 100, AUSTIN TX 78744
David B Eisenhaure director 478 JERUSALEM ROAD, COHASSET MA 02025
Michael C Turmelle director 27 COUNTRY FARM WAY, STRATHAM NH 03885
Lon E Bell director, officer: President and CEO C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
Daniel Brdar director, officer: BTRAN Chief Commercial Officer FUELCELL ENERGY INC, 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Timothy Burns officer: Chief Financial Officer 900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Bill Alexander director, officer: Chief Technology Officer 5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669
Mark L Baum director C/O IMPRIMIS PHARMACEUTICALS, INC, 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130
Peter A Appel 10 percent owner C/O ARCH CAPITAL HOLDINGS LTD, 20 HORSENECK LANE, GREENWICH CT 06830
Ryan O'keefe officer: Senior VP, Bus. Development 4120 FREIDRICH LANE, SUITE 100, AUSTIN TX 78744
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Tarr Charles De 10 percent owner, officer: VP Finance 5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669