Clean Teq Water (ASX:CNQ) EBIT : A$-5.04 Mil (TTM As of Dec. 2024)

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What is Clean Teq Water EBIT?

Clean Teq Water's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was A$-2.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was A$-5.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clean Teq Water's annualized ROC % for the quarter that ended in Dec. 2024 was -44.60%. Clean Teq Water's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -928.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clean Teq Water's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -23.80%.

Clean Teq Water EBIT Historical Data

The historical data trend for Clean Teq Water'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.

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Clean Teq Water EBIT Chart

Clean Teq Water Annual Data

Trend

Jun22

Jun23

Jun24

EBIT

-11.06

-5.47

-3.20

Clean Teq Water Semi-Annual Data
	Dec20	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial			-2.75	-2.72	-0.24	-2.96	-2.08

Competitive Comparison of Clean Teq Water's EBIT

For the Utilities - Regulated Water subindustry, Clean Teq Water'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.

Clean Teq Water's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's EV-to-EBIT distribution charts can be found below:

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

Clean Teq Water 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-5.04 Mil.

Clean Teq Water (ASX:CNQ) EBIT Explanation

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

Clean Teq Water's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	-4.344 * ( 1 - 0% )	/	( (9.8	+	9.681)	/ 2 )
=	-4.344	/	9.7405
=	-44.60 %

where

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	13.383	-	2.237	-	( 2.149	-	max(0, 4.784	-	6.13	+	2.149	))
=	9.8

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	13.762	-	2.688	-	( 1.393	-	max(0, 5.949	-	7.393	+	1.393	))
=	9.681

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

Clean Teq Water's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.16	/	( ( (0.57 + max(-1.42, 0))	+	(0 + max(0.326, 0)) )	/	2 )
=	-4.16	/	( ( 0.57	+	0.326 )	/	2 )
=	-4.16	/	0.448
=	-928.57 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.461	+	0	+	0.56)	-	(2.237	+	0	+	2.204)
=	-1.42

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.72	+	0	+	2.28)	-	(2.688	+	0	+	2.986)
=	0.326

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

Clean Teq Water's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-5.035	/	21.156
	=	-23.80 %

Clean Teq Water EBIT Related Terms

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Clean Teq Water Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Clean Teq Water Ltd (ASX:CNQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CNQQF:USA 9NK:Germany

Address

21 Howleys Road, Unit 12, Notting Hill, VIC, AUS, 3168

Website

https://www.cleanteqwater.com

Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.