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CIA Energetica Do Rio Grande Norte - COSERN (BSP:CSRN5) EBIT : R$934 Mil (TTM As of Jun. 2024)


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What is CIA Energetica Do Rio Grande Norte - COSERN EBIT?

CIA Energetica Do Rio Grande Norte - COSERN's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was R$231 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was R$934 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CIA Energetica Do Rio Grande Norte - COSERN's annualized ROC % for the quarter that ended in Jun. 2024 was 14.36%. CIA Energetica Do Rio Grande Norte - COSERN's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 458.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CIA Energetica Do Rio Grande Norte - COSERN's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 20.04%.


CIA Energetica Do Rio Grande Norte - COSERN EBIT Historical Data

The historical data trend for CIA Energetica Do Rio Grande Norte - COSERN'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.

CIA Energetica Do Rio Grande Norte - COSERN EBIT Chart

CIA Energetica Do Rio Grande Norte - COSERN 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 428.00 521.00 817.00 944.00 898.00

CIA Energetica Do Rio Grande Norte - COSERN Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 203.00 198.00 221.00 284.00 231.00

Competitive Comparison of CIA Energetica Do Rio Grande Norte - COSERN's EBIT

For the Utilities - Regulated Electric subindustry, CIA Energetica Do Rio Grande Norte - COSERN'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.


CIA Energetica Do Rio Grande Norte - COSERN's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Energetica Do Rio Grande Norte - COSERN's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CIA Energetica Do Rio Grande Norte - COSERN's EV-to-EBIT falls into.



CIA Energetica Do Rio Grande Norte - COSERN 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$934 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.


CIA Energetica Do Rio Grande Norte - COSERN  (BSP:CSRN5) EBIT Explanation

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

CIA Energetica Do Rio Grande Norte - COSERN's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=872 * ( 1 - 18.24% )/( (5093 + 4837)/ 2 )
=712.9472/4965
=14.36 %

where

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

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

CIA Energetica Do Rio Grande Norte - COSERN's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=924/( ( (14 + max(145, 0)) + (13 + max(231, 0)) )/ 2 )
=924/( ( 159 + 244 )/ 2 )
=924/201.5
=458.56 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(627 + 0 + 255) - (560 + 0 + 177)
=145

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(628 + 0 + 286) - (544 + 0 + 139)
=231

When net working capital is negative, 0 is used.

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

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

CIA Energetica Do Rio Grande Norte - COSERN's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=934/4661.387
=20.04 %

* 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.


CIA Energetica Do Rio Grande Norte - COSERN EBIT Related Terms

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CIA Energetica Do Rio Grande Norte - COSERN Business Description

Traded in Other Exchanges
N/A
Address
Rua Mermoz 150, Natal, RN, BRA, 59025250
CIA Energetica Do Rio Grande Norte - COSERN is a holding company in Brazil. The Company, through its subsidiaries, is mainly engaged in distribution, transmission, generation and marketing of electricity. The company operates as a public service concessionary of electrical power, aimed to study, project, construct and explore systems of production, transmission, transformation, distribution and commercialization of electrical energy and other alternative energy sources, renewable and nonrenewable.

CIA Energetica Do Rio Grande Norte - COSERN Headlines

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