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European Green Transition (LSE:EGT) EBIT : £-1.32 Mil (TTM As of Jun. 2024)


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What is European Green Transition EBIT?

European Green Transition's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-0.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-1.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. European Green Transition's annualized ROC % for the quarter that ended in Jun. 2024 was -69.85%. European Green Transition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -120,533.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. European Green Transition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -18.94%.


European Green Transition EBIT Historical Data

The historical data trend for European Green Transition'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.

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European Green Transition EBIT Chart

European Green Transition Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -0.10 -0.67

European Green Transition Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
EBIT -0.02 -0.08 -0.25 -0.42 -0.90

Competitive Comparison of European Green Transition's EBIT

For the Asset Management subindustry, European Green Transition'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.


European Green Transition's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, European Green Transition's EV-to-EBIT distribution charts can be found below:

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



European Green Transition 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.32 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.


European Green Transition  (LSE:EGT) EBIT Explanation

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

European Green Transition's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-1.808 * ( 1 - 0% )/( (3.516 + 1.661)/ 2 )
=-1.808/2.5885
=-69.85 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

European Green Transition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.808/( ( (0.001 + max(-0.305, 0)) + (0.002 + max(-0.293, 0)) )/ 2 )
=-1.808/( ( 0.001 + 0.002 )/ 2 )
=-1.808/0.0015
=-120,533.33 %

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)
=(0.001 + 0 + 0.032) - (0.182 + 0 + 0.156)
=-0.305

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.065 + 0 + 0.062) - (0.42 + 0 + 0)
=-0.293

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

European Green Transition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-1.322/6.980
=-18.94 %

* 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.


European Green Transition EBIT Related Terms

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European Green Transition Business Description

Traded in Other Exchanges
N/A
Address
The Walbrook Building, 25 Walbrook, London, GBR, EC4N 8AF
European Green Transition PLC is focussed on building a pipeline of high-quality green economy assets in Europe. It aims to acquire high quality projects which are distressed, under-valued and capital restricted. EGT is to build a portfolio of green economy assets within a sustainable, profitable business, focused on generating returns and creating shareholder value.

European Green Transition Headlines