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Charge Enterprises's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-4.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-35.2 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Charge Enterprises's annualized ROC % for the quarter that ended in Sep. 2023 was -26.25%. Charge Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -420.95%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Charge Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 617.31%.
The historical data trend for Charge Enterprises'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.
Charge Enterprises Annual Data | |||||||
Trend | Dec20 | Dec21 | Dec22 | ||||
EBIT | -31.97 | -52.34 | -18.17 |
Charge Enterprises Quarterly Data | ||||||||||||
Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
EBIT | Get a 7-Day Free Trial | 17.19 | -15.77 | -7.56 | -7.12 | -4.72 |
For the Telecom Services subindustry, Charge Enterprises'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.
For the Telecommunication Services industry and Communication Services sector, Charge Enterprises's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Charge Enterprises's EV-to-EBIT falls into.
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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.2 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.
Charge Enterprises (OTCPK:CRGEQ) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Charge Enterprises's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:
ROC % (Q: Sep. 2023 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2023 ) | + | Invested Capital (Q: Sep. 2023 )) | / count ) |
= | -25.444 * ( 1 - -11.93% ) | / | ( (101.72 | + | 115.236) | / 2 ) |
= | -28.4794692 | / | 108.478 | |||
= | -26.25 % |
where
Invested Capital | (Q: Jun. 2023 ) | |||||||||||
= | 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 | )) |
= | 195.864 | - | 95.747 | - | ( 61.975 | - | max(0, 148.206 | - | 146.603 | + | 61.975 | )) |
= | 101.72 |
Invested Capital | (Q: Sep. 2023 ) | |||||||||||
= | 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 | )) |
= | 187.517 | - | 81.027 | - | ( 57.506 | - | max(0, 134.781 | - | 126.035 | + | 57.506 | )) |
= | 115.236 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.
2. Joel Greenblatt's definition of Return on Capital:
Charge Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2023 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2023 | Q: Sep. 2023 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | -18.884 | / | ( ( (4.476 + max(-43.233, 0)) | + | (4.496 + max(-45.829, 0)) ) | / | 2 ) |
= | -18.884 | / | ( ( 4.476 | + | 4.496 ) | / | 2 ) |
= | -18.884 | / | 4.486 | ||||
= | -420.95 % |
where Working Capital is:
Working Capital | (Q: Jun. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (74.036 | + | 0.118 | + | 3.184) | - | (95.747 | + | 24.765 | + | 0.058999999999997) |
= | -43.233 |
Working Capital | (Q: Sep. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (55.768 | + | 0.317 | + | 4.316) | - | (81.027 | + | 25.201 | + | 0.0020000000000095) |
= | -45.829 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Charge Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2023 ) |
= | -35.168 | / | -5.697 | |
= | 617.31 % |
* 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.
Thank you for viewing the detailed overview of Charge Enterprises's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Gary N Jacobs | director | MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109 |
James Biehl | officer: CLO, CCO, Secretary | 44 WALL STREET, 12TH FLOOR, NEW YORK NY 10005 |
Michael Wojtowicz | officer: CEO, Pres. B W Electrical Serv | 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017 |
Leah Schweller | officer: CFO | 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017 |
Philip Scala | director | 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017 |
Justin Deutsch | director | 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017 |
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Jacky Wu | director | 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071 |
Chantel E Lenard | director | 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626 |
Amy Hanson | director | C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202 |
Mark R Laneve | officer: President | 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103 |
Andrew Scott Fox | director, 10 percent owner, officer: CEO, Director & Chairman | 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017 |
Craig Harper-denson | director, officer: COO, CCO, Secretary & Director | 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017 |
Jeffrey Scott Kuhlman | officer: Chief Communications Officer | 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017 |
Paolo Fettuccia | officer: See Remarks | 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017 |
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