ELMSQ (Electric Last Mile Solutions) EBIT: $ Mil (TTM As of Sep. 2021)


What is Electric Last Mile Solutions EBIT?

Electric Last Mile Solutions ELMSQ -20.00% EBIT is $ Mil as of Sep. 2021.

Electric Last Mile Solutions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was $-17.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Electric Last Mile Solutions's annualized ROC % for the quarter that ended in Sep. 2021 was -34.46%. Electric Last Mile Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -30.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Electric Last Mile Solutions  (OTCPK:ELMSQ) EBIT Explanation

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

Electric Last Mile Solutions's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

ROC % (Q: Sep. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2021 ))/ count )
=-89.356 * ( 1 - 0% )/( (265.426 + 253.146)/ 2 )
=-89.356/259.286
=-34.46 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=420.832 - 9.817 - ( 171.529 - max(0, 76.475 - 222.064+171.529))
=265.426

Invested Capital(Q: Sep. 2021 )
=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))
=385.982 - 18.143 - ( 143.154 - max(0, 72.429 - 187.122+143.154))
=253.146

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

Electric Last Mile Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-68.492/( ( (191.966 + max(40.718, 0)) + (192.736 + max(25.825, 0)) )/ 2 )
=-68.492/( ( 232.684 + 218.561 )/ 2 )
=-68.492/225.6225
=-30.36 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.824 + 49.711) - (9.817 + 0 + 0)
=40.718

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.136 + 7.579 + 36.253) - (18.143 + 0 + 0)
=25.825

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

Electric Last Mile Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2021 )
=/14.263
= %

* 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.

Electric Last Mile Solutions EBIT Related Terms

Electric Last Mile Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Electric Last Mile Solutions'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.

Electric Last Mile Solutions EBIT Chart

Electric Last Mile Solutions Annual Data
Trend
EBIT

Electric Last Mile Solutions Quarterly Data
Jun21 Sep21
EBIT -6.52 -17.12

ELMSQ vs EVTV, AYRO, VLCN: EBIT Comparison

For the Auto Manufacturers subindustry, Electric Last Mile Solutions'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.

Electric Last Mile Solutions EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Electric Last Mile Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Electric Last Mile Solutions's EV-to-EBIT falls into.


Electric Last Mile Solutions 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $ 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $ Mil mean?
Electric Last Mile Solutions (ELMSQ) has a EBIT of $ Mil as of Sep. 2021. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Electric Last Mile Solutions.
Is Electric Last Mile Solutions' EBIT too high?
Electric Last Mile Solutions' current EBIT is $ Mil.
How does Electric Last Mile Solutions' EBIT compare to EVTV and AYRO?
Electric Last Mile Solutions' EBIT of $ Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Electric Last Mile Solutions. Electric Last Mile Solutions's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Last Mile Solutions stock overvalued right now?
Electric Last Mile Solutions (ELMSQ) has a current EBIT of $ Mil. The current EBIT is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Electric Last Mile Solutions (ELMSQ), the current EBIT is $ Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electric Last Mile Solutions Business Description

Address 1055 West Square Lake Road, Troy, MI, USA, 48098
Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.