Aker Offshore Wind AS (FRA:3SA0) EBIT : €-38.71 Mil (TTM As of Mar. 2022)

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What is Aker Offshore Wind AS EBIT?

Aker Offshore Wind AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was €-9.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was €-38.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aker Offshore Wind AS's annualized ROC % for the quarter that ended in Mar. 2022 was -94.88%. Aker Offshore Wind AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -650.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aker Offshore Wind AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -31.33%.

Aker Offshore Wind AS EBIT Historical Data

The historical data trend for Aker Offshore Wind AS'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.

Aker Offshore Wind AS EBIT Chart

Aker Offshore Wind AS Annual Data

Trend

Dec20

Dec21

EBIT

-33.84

Aker Offshore Wind AS Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
EBIT	Get a 7-Day Free Trial			-4.13	-11.27	-8.58	-9.83	-9.03

Competitive Comparison of Aker Offshore Wind AS's EBIT

For the Utilities - Renewable subindustry, Aker Offshore Wind AS'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.

Aker Offshore Wind AS's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aker Offshore Wind AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aker Offshore Wind AS's EV-to-EBIT falls into.

Aker Offshore Wind AS 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-38.71 Mil.

Aker Offshore Wind AS (FRA:3SA0) EBIT Explanation

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

Aker Offshore Wind AS's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

	ROC % (Q: Mar. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2021 )	+	Invested Capital (Q: Mar. 2022 ))	/ count )
=	-36.124 * ( 1 - 0% )	/	( (39.162	+	36.986)	/ 2 )
=	-36.124	/	38.074
=	-94.88 %

where

	Invested Capital		(Q: Dec. 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	))
=	59.923	-	3.167	-	( 17.594	-	max(0, 8.007	-	28.773	+	17.594	))
=	39.162

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	50.483	-	6.663	-	( 6.834	-	max(0, 7.25	-	19.447	+	6.834	))
=	36.986

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Aker Offshore Wind AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2021		Q: Mar. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-36.124	/	( ( (0.753 + max(3.735, 0))	+	(0.672 + max(5.951, 0)) )	/	2 )
=	-36.124	/	( ( 4.488	+	6.623 )	/	2 )
=	-36.124	/	5.5555
=	-650.24 %

where Working Capital is:

	Working Capital		(Q: Dec. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.322	+	0	+	10.857)	-	(3.167	+	0	+	4.277)
=	3.735

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.629	+	0	+	9.984)	-	(6.663	+	0	+	-0.0010000000000003)
=	5.951

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

Aker Offshore Wind AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2022 )
	=	-38.709	/	123.534
	=	-31.33 %

Aker Offshore Wind AS EBIT Related Terms

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Aker Offshore Wind AS (FRA:3SA0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Aker Offshore Wind AS (FRA:3SA0) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oksenoyveien 8, Lysaker, NOR, 1366

Website

https://www.akeroffshorewind.com

Aker Offshore Wind AS is an offshore wind developer in Norway with focus on assets in deep waters. Geographically, it operates through both Norwegian and International market. Its portfolio consists of development projects and prospects located in Asia, North America, and Europe. Aker Offshore Wind aims to deploy cost-effective solutions based on decades of offshore experience, in close cooperation with global partners.

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