Paranovus Entertainment Technology (FRA:2UO) EBIT : €-3.29 Mil (TTM As of Mar. 2024)

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What is Paranovus Entertainment Technology EBIT?

Paranovus Entertainment Technology's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was €-12.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-3.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Paranovus Entertainment Technology's annualized ROC % for the quarter that ended in Mar. 2024 was 185.48%. Paranovus Entertainment Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2,951.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Paranovus Entertainment Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.37%.

Paranovus Entertainment Technology EBIT Historical Data

The historical data trend for Paranovus Entertainment Technology'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.

Paranovus Entertainment Technology EBIT Chart

Paranovus Entertainment Technology Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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14.15

1.48

-9.26

-4.23

-3.45

Paranovus Entertainment Technology Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial										0.14	-2.11	-2.28	9.13	-12.42

Competitive Comparison of Paranovus Entertainment Technology's EBIT

For the Packaged Foods subindustry, Paranovus Entertainment Technology'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.

Paranovus Entertainment Technology's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Paranovus Entertainment Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Paranovus Entertainment Technology's EV-to-EBIT falls into.

Paranovus Entertainment Technology 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-3.29 Mil.

Paranovus Entertainment Technology (FRA:2UO) EBIT Explanation

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

Paranovus Entertainment Technology's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	14.554 * ( 1 - 0% )	/	( (9.032	+	6.661)	/ 2 )
=	14.554	/	7.8465
=	185.48 %

where

	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	))
=	10.466	-	0.462	-	( 0.972	-	max(0, 0.462	-	1.848	+	0.972	))
=	9.032

	Invested Capital		(Q: Mar. 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	))
=	7.111	-	0.181	-	( 0.868	-	max(0, 2.355	-	2.624	+	0.868	))
=	6.661

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

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

Paranovus Entertainment Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-24.838	/	( ( (0.003 + max(0.414, 0))	+	(0.012 + max(1.254, 0)) )	/	2 )
=	-24.838	/	( ( 0.417	+	1.266 )	/	2 )
=	-24.838	/	0.8415
=	-2,951.63 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.016	+	0.014	+	0.846)	-	(0.462	+	0	+	0)
=	0.414

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.01	+	0	+	1.493)	-	(0.181	+	0.068	+	0)
=	1.254

When net working capital is negative, 0 is used.

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

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

Paranovus Entertainment Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-3.285	/	61.125
	=	-5.37 %

Paranovus Entertainment Technology EBIT Related Terms

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Paranovus Entertainment Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Paranovus Entertainment Technology Ltd (FRA:2UO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PAVS:USA 2UO:Germany

Address

250 Park Avenue, 7th Floor, New York, NY, USA, 10177

Website

https://www.pavs.ai

Paranovus Entertainment Technology Ltd through its subsidiary, is engaged in the AI-powered entertainment industry, aiming to provide users with AI-driven games and applications to deliver immersive and engaging entertainment experiences. It is planning to launch SimTwin application which will allow users to interact with digital versions of people and capture life moments. The company also has a software development agreement with Blueline Studios Inc which is developing 10,000 Lives, a mobile game where players pursue various careers and life goals using a board game mechanic.

Paranovus Entertainment Technology Headlines

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