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Geosolar Technologies (Geosolar Technologies) EBIT : $-1.39 Mil (TTM As of Mar. 2024)


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What is Geosolar Technologies EBIT?

Geosolar Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Geosolar Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -39.98%. Geosolar Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -323.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Geosolar Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -19.34%.

Geosolar Technologies EBIT Historical Data

The historical data trend for Geosolar Technologies'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.

Geosolar Technologies EBIT Chart

Geosolar Technologies Annual Data
Trend Dec22 Dec23
EBIT
-3.38 -2.64

Geosolar Technologies Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial -1.64 -0.77 -0.54 -0.48 -0.38

Competitive Comparison of Geosolar Technologies's EBIT

For the Solar subindustry, Geosolar Technologies'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.

Geosolar Technologies's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Geosolar Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Geosolar Technologies's EV-to-EBIT falls into.


Geosolar Technologies 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 quarterly data reported by the company within the most recent 12 months, which was $-1.39 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.

Geosolar Technologies  (OTCPK:GSLR) EBIT Explanation

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

Geosolar Technologies'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-1.504 * ( 1 - 0% )/( (3.707 + 3.816)/ 2 )
=-1.504/3.7615
=-39.98 %

where

Invested Capital(Q: Dec. 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))
=0.977 - 1.235 - ( 0.005 - max(0, 3.982 - 0.017+0.005))
=3.707

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))
=0.991 - 1.285 - ( 0.023 - max(0, 4.141 - 0.031+0.023))
=3.816

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

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

Geosolar Technologies'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.504/( ( (0.465 + max(-1.98, 0)) + (0.465 + max(-2.147, 0)) )/ 2 )
=-1.504/( ( 0.465 + 0.465 )/ 2 )
=-1.504/0.465
=-323.44 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.012) - (1.235 + 0.495 + 0.262)
=-1.98

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.008) - (1.285 + 0.518 + 0.352)
=-2.147

When net working capital is negative, 0 is used.

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

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

Geosolar Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.394/7.208
=-19.34 %

* 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.

Geosolar Technologies EBIT Related Terms

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Geosolar Technologies (Geosolar Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Geosolar Technologies Inc (OTCPK:GSLR) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
1400 16th Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.geosolarplus.com
Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines

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