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ASRE (Astra Energy) EBIT : $-1.76 Mil (TTM As of Nov. 2024)


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What is Astra Energy EBIT?

Astra Energy's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2024 was $-0.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was $-1.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Astra Energy's annualized ROC % for the quarter that ended in Nov. 2024 was -14.41%. Astra Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -39.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Astra Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -13.15%.


Astra Energy EBIT Historical Data

The historical data trend for Astra Energy'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.

Astra Energy EBIT Chart

Astra Energy Annual Data
Trend Sep05 Aug06 Aug07 Aug08 Aug09 Aug21 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial Premium Member Only 0.96 -1.06 -12.33 -10.35 -1.61

Astra Energy Quarterly Data
May09 Aug09 Nov09 Feb10 May10 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.31 -0.39 0.12 -1.03 -0.46

Competitive Comparison of Astra Energy's EBIT

For the Utilities - Renewable subindustry, Astra Energy'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.


Astra Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

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

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



Astra Energy 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.76 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.


Astra Energy  (OTCPK:ASRE) EBIT Explanation

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

Astra Energy's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

ROC % (Q: Nov. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2024 ) + Invested Capital (Q: Nov. 2024 ))/ count )
=-1.856 * ( 1 - 0% )/( (12.788 + 12.963)/ 2 )
=-1.856/12.8755
=-14.41 %

where

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

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

Astra Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.856/( ( (4.711 + max(-1.295, 0)) + (4.71 + max(-1.66, 0)) )/ 2 )
=-1.856/( ( 4.711 + 4.71 )/ 2 )
=-1.856/4.7105
=-39.40 %

where Working Capital is:

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.475 + 0 + 2.501) - (3.356 + 0 + 0.915)
=-1.295

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.47 + 0 + 2.513) - (3.728 + 0 + 0.915)
=-1.66

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2024 )
=-1.758/13.370
=-13.15 %

* 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.


Astra Energy EBIT Related Terms

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Astra Energy Business Description

Traded in Other Exchanges
N/A
Address
1100 Benjamin Franklin Drive, Unit 802, Sarasota, FL, USA, 34236
Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.
Executives
Lisa Thompson officer: Corporate Secretary 27-9045 WALNUT GROVE DRIVE, LANGLEY Z4 V1M2E1
Rachel Boulds Cpa, Pllc officer: CFO 6371 S. GLENOAKS STREET, MURRAY UT 84107
Christopher Harold Wall director 6301 COLLINS AVENUE, #2403, MIAMI BEACH FL 33141
Javier H Idrovo director THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY X1 17033
Vcaf Gp, Llc 10 percent owner C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Vision Capital Advantage Fund, L.p. 10 percent owner C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Vision Opportunity Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAY) LTD., 88 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Vision Capital Advisors, Llc 10 percent owner 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Adam Benowitz 10 percent owner C/O VISION CAPITAL ADVISORS, LLC, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Ian Andrew Fraser director 3056 WEST 2ND AVENUE, VANCOUVER A1 V6K 1K4
Tri Point Capital Advisors Llc 10 percent owner 15245 SHADY GROVE RD, STE 400, ROCKVILLE MD 20850
Robert Rooks director 1912 PINE STREET, HUNTINGTON BEACH CA 92648
Michael Robert Boswell director, officer: Acting Chief Financial Officer 400 PROFESSIONAL DRIVE, SUITE 310, GAITHERSBURG MD 20879
Darryl Horton director 35368 EAGLE MOUNTAIN DRIVE, ABBOTSFORD A1 V3G2X7
Robert Saunders 10 percent owner, officer: Chief Executive Officer 5552 WEST ISLAND HWY, QUALICUM BEACH A1 V9K2C8

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