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i(x) Net Zero (i(x) Net Zero) EBIT : $75.57 Mil (TTM As of Jun. 2023)


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What is i(x) Net Zero EBIT?

i(x) Net Zero's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $82.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $75.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. i(x) Net Zero's annualized ROC % for the quarter that ended in Jun. 2023 was -7.22%. i(x) Net Zero's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 121,232.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. i(x) Net Zero's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 430.00%.


i(x) Net Zero EBIT Historical Data

The historical data trend for i(x) Net Zero'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.

i(x) Net Zero EBIT Chart

i(x) Net Zero Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
-5.55 0.93 4.69 36.02 -6.83

i(x) Net Zero Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only 37.17 -1.14 -0.27 -6.56 82.14

Competitive Comparison of i(x) Net Zero's EBIT

For the Asset Management subindustry, i(x) Net Zero'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.


i(x) Net Zero's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, i(x) Net Zero's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where i(x) Net Zero's EV-to-EBIT falls into.



i(x) Net Zero 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $75.57 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.


i(x) Net Zero  (OTCPK:IXNZF) EBIT Explanation

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

i(x) Net Zero's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-10.332 * ( 1 - 25.14% )/( (64.64 + 149.716)/ 2 )
=-7.7345352/107.178
=-7.22 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

i(x) Net Zero's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=328.54/( ( (0.351 + max(-0.436, 0)) + (0.191 + max(-0.208, 0)) )/ 2 )
=328.54/( ( 0.351 + 0.191 )/ 2 )
=328.54/0.271
=121,232.47 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.067 + 0 + 0.135) - (0.637 + 0 + 0.0010000000000001)
=-0.436

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.027 + 0 + 0.107) - (0.342 + 0 + 0)
=-0.208

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

i(x) Net Zero's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=75.573/17.575
=430.00 %

* 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.


i(x) Net Zero EBIT Related Terms

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i(x) Net Zero (i(x) Net Zero) Business Description

Traded in Other Exchanges
Address
44 Esplanade Street, 3rd Floor, St Helier, JEY, JE4 9WG
i(x) Net Zero PLC is an investment company that focuses on Energy Transition and Sustainability in the Built Environment. It provides its shareholders with the opportunity to create long-term capital growth with a positive, scalable, measurable, and sustainable impact on the environment and on the communities it serves.

i(x) Net Zero (i(x) Net Zero) Headlines

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