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TurnOnGreen (TurnOnGreen) EBIT : $-4.33 Mil (TTM As of Mar. 2024)


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What is TurnOnGreen EBIT?

TurnOnGreen's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TurnOnGreen's annualized ROC % for the quarter that ended in Mar. 2024 was -113.48%. TurnOnGreen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -188.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TurnOnGreen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -129.36%.


TurnOnGreen EBIT Historical Data

The historical data trend for TurnOnGreen'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.

TurnOnGreen EBIT Chart

TurnOnGreen Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.14 -0.04 -1.83 -4.22 -4.67

TurnOnGreen Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.01 -1.76 -1.17 -0.74 -0.67

Competitive Comparison of TurnOnGreen's EBIT

For the Electrical Equipment & Parts subindustry, TurnOnGreen'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.


TurnOnGreen's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TurnOnGreen's EV-to-EBIT distribution charts can be found below:

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



TurnOnGreen 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 $-4.33 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.


TurnOnGreen  (OTCPK:TOGI) EBIT Explanation

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

TurnOnGreen'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 )
=-2.664 * ( 1 - 0% )/( (2.431 + 2.264)/ 2 )
=-2.664/2.3475
=-113.48 %

where

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

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

TurnOnGreen'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 )
=-2.664/( ( (1.491 + max(-4.802, 0)) + (1.335 + max(-6.08, 0)) )/ 2 )
=-2.664/( ( 1.491 + 1.335 )/ 2 )
=-2.664/1.413
=-188.54 %

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)
=(0.966 + 1.339 + 0.63) - (7.737 + 0 + 0)
=-4.802

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.718 + 1.105 + 0.699) - (8.602 + 0 + -1.7763568394003E-15)
=-6.08

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.331/3.348
=-129.36 %

* 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.


TurnOnGreen EBIT Related Terms

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TurnOnGreen (TurnOnGreen) Business Description

Traded in Other Exchanges
N/A
Address
1421 McCarthy Boulevard, Las Vegas, NV, USA, 95035
TurnOnGreen Inc is a company that designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets it serves include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Amos Kohn director, officer: Chief Executive Officer 48430 LAKEVIEW BLVD., C/O DIGITAL POWER CORP, FREMONT CA 94538
Douglas Gintz director, officer: Chief Technology Officer C/O TURNONGREEN, INC., 1421 MCCARTHY BLVD., MILPITAS CA 95035
Marcus Charuvastra officer: President 2980 BEVERLY GLEN CIR.,, STE 100, LOS ANGELES CA 90077
Henry Carl Nisser director, officer: Chief Executive Officer 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
David J Katzoff officer: CFO, Secretary, Treasurer 201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Kristie Andreula officer: Chief R and D Officer 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Vincent Andruela director, officer: CEO, CFO, and President 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Michael Andreula officer: Chief Marketing Officer 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Karada Ltd 10 percent owner TRUST COMPANY COMPLEX, AJELTAKE ROAD, AJELTAKE, MAJURO 1T MAJURO
Lars Brannvall director, officer: President, CEO, CFO, Secretary SUITE 5.18, MLS BUSINESS CENTRE, 130 SHAFTESBURY AVENUE, LONDON X0 W1D 5EU
Colour Industry Inc. 10 percent owner PRASANMITR THANI TOWER, SUITE 2404, 41 SUKHUMVIT SOI 23, KLONGTOEY NUA, WATTANA, BANGKOK W1 10110
Coloured Industry Technology Partnership 2 Llp 10 percent owner 4 BEDFORD ROW, LONDON X0 WC1R 4DF
Mobile Warrior Technology Partnership Llp 10 percent owner 4 BEDFORD ROW, LONDON X0 WC1R 4DF