Clean Power Hydrogen (LSE:CPH2) EBIT : £-5.08 Mil (TTM As of Dec. 2023)

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What is Clean Power Hydrogen EBIT?

Clean Power Hydrogen's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £-2.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £-5.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clean Power Hydrogen's annualized ROC % for the quarter that ended in Dec. 2023 was -35.91%. Clean Power Hydrogen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -159.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clean Power Hydrogen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.72%.

Clean Power Hydrogen EBIT Historical Data

The historical data trend for Clean Power Hydrogen'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.

Clean Power Hydrogen EBIT Chart

Clean Power Hydrogen Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.66

-1.80

-3.43

-3.56

-5.08

Clean Power Hydrogen Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial					-1.34	-1.08	-2.49	-2.10	-2.98

Competitive Comparison of Clean Power Hydrogen's EBIT

For the Specialty Industrial Machinery subindustry, Clean Power Hydrogen'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.

Clean Power Hydrogen's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

Clean Power Hydrogen 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-5.08 Mil.

Clean Power Hydrogen (LSE:CPH2) EBIT Explanation

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

Clean Power Hydrogen's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-6.326 * ( 1 - 16.63% )	/	( (14.059	+	15.313)	/ 2 )
=	-5.2739862	/	14.686
=	-35.91 %

where

	Invested Capital		(Q: Jun. 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	))
=	27.683	-	0.717	-	( 12.907	-	max(0, 2.643	-	17.654	+	12.907	))
=	14.059

	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	))
=	24.507	-	0.726	-	( 8.468	-	max(0, 1.165	-	13.072	+	8.468	))
=	15.313

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Clean Power Hydrogen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.962	/	( ( (1.626 + max(0.517, 0))	+	(2.642 + max(2.7, 0)) )	/	2 )
=	-5.962	/	( ( 2.143	+	5.342 )	/	2 )
=	-5.962	/	3.7425
=	-159.31 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.081	+	2.443	+	0.512)	-	(0.717	+	0	+	1.802)
=	0.517

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.082	+	3.155	+	0.5)	-	(0.726	+	0	+	0.311)
=	2.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Clean Power Hydrogen's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-5.078	/	27.133
	=	-18.72 %

Clean Power Hydrogen EBIT Related Terms

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Clean Power Hydrogen (LSE:CPH2) Business Description

Industry

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G9Z:Germany

Address

Spinners Road, Unit D, Parkside Business Park, Doncaster, GBR, DN2 4BL

Website

https://www.cph2.com

Clean Power Hydrogen PLC is a technology and manufacturing company that is focused on the commercial production of green hydrogen in a simple, safe, and sustainable manner using its IP-protected Membrane-Free ElectrolyserTM technology. The group's main country of operation is the UK, with an existing customer base and operations established in the UK, Republic of Ireland and New Zealand.

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