Volta (VLTA) EBIT : $-244.22 Mil (TTM As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Volta EBIT?

Volta's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-41.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-244.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Volta's annualized ROC % for the quarter that ended in Sep. 2022 was -47.41%. Volta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -59.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Volta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -95.80%.

Volta EBIT Historical Data

The historical data trend for Volta'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.

Volta EBIT Chart

Volta Annual Data

Trend

Dec20

Dec21

EBIT

-52.27

-270.15

Volta Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial				-68.11	-119.70	-46.84	-36.23	-41.45

Competitive Comparison of Volta's EBIT

For the Specialty Retail subindustry, Volta'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.

Volta's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Volta's EV-to-EBIT distribution charts can be found below:

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

Volta 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-244.22 Mil.

Volta (NYSE:VLTA) EBIT Explanation

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

Volta's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-162.288 * ( 1 - -0% )	/	( (317.574	+	367.001)	/ 2 )
=	-162.288	/	342.2875
=	-47.41 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	413.809	-	52.29	-	( 105.268	-	max(0, 104.366	-	148.311	+	105.268	))
=	317.574

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	369.673	-	47.764	-	( 15.646	-	max(0, 101.932	-	56.84	+	15.646	))
=	367.001

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Volta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-165.78	/	( ( (259.925 + max(-34.869, 0))	+	(297.663 + max(-33.849, 0)) )	/	2 )
=	-165.78	/	( ( 259.925	+	297.663 )	/	2 )
=	-165.78	/	278.794
=	-59.46 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(18.93	+	2.345	+	21.768)	-	(52.29	+	12.571	+	13.051)
=	-34.869

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(18.515	+	2.132	+	20.547)	-	(47.764	+	13.352	+	13.927)
=	-33.849

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-244.217	/	254.927
	=	-95.80 %

Volta EBIT Related Terms

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

Volta (VLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Volta Inc (NYSE:VLTA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 De Haro Street, San Francisco, CA, USA, 94103

Website

https://www.voltacharging.com

Volta Inc is engaged in the industry of commerce-centric electric vehicle (EV) charging networks. It builds EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers are active. As part of Volta's EV charging offering, its stations allow it to enhance its site hosts' and strategic partners' core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility.

Executives

Bonita C. Stewart	director	250 COROMAR DRIVE, GOLETA CA 93117
Stephen J. Pilatzke	officer: Chief Accounting Officer	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Katherine J Savitt	director	C/O VOLTA INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Michelle Kley	officer: Chief Legal Officer	C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Vincent T. Cubbage	director, officer: Interim CEO	725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
John J. Tough	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Martin Lauber	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Brandt Hastings	officer: Chief Commercial Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Eli Aheto	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Volta Inc.	officer: Chief Accounting Officer	155 DE HARO STREET, SAN FRANCISCO CA 94103
Yifan Tang	officer: Chief Technology Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Scott Mercer	director, officer: Chief Executive Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Virgo Hermes, Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Jesse C Watson	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Virgo Agency Services Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010