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Jersey Electricity (LSE:JEL) EBIT : £16.4 Mil (TTM As of Sep. 2023)


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What is Jersey Electricity EBIT?

Jersey Electricity's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £5.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £16.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jersey Electricity's annualized ROC % for the quarter that ended in Sep. 2023 was 2.68%. Jersey Electricity's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jersey Electricity's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 13.09%.


Jersey Electricity EBIT Historical Data

The historical data trend for Jersey Electricity'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.

Jersey Electricity EBIT Chart

Jersey Electricity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.19 16.35 20.63 12.12 16.39

Jersey Electricity Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 9.35 7.73 4.39 11.07 5.32

Competitive Comparison of Jersey Electricity's EBIT

For the Utilities - Regulated Electric subindustry, Jersey Electricity'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.


Jersey Electricity's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jersey Electricity's EV-to-EBIT distribution charts can be found below:

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



Jersey Electricity 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £16.4 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.


Jersey Electricity  (LSE:JEL) EBIT Explanation

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

Jersey Electricity's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=10.742 * ( 1 - 26.84% )/( (290.933 + 294.681)/ 2 )
=7.8588472/292.807
=2.68 %

where

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

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

Jersey Electricity's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.642/( ( (218.588 + max(11.4, 0)) + (219.33 + max(6.991, 0)) )/ 2 )
=10.642/( ( 229.988 + 226.321 )/ 2 )
=10.642/228.1545
=4.66 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.035 + 9.454 + 0.148) - (26.127 + 0 + 0.11)
=11.4

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.036 + 9.187 + 0.063999999999993) - (14.135 + 0 + 9.161)
=6.991

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=16.393/125.257
=13.09 %

* 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.


Jersey Electricity EBIT Related Terms

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Jersey Electricity (LSE:JEL) Business Description

Traded in Other Exchanges
N/A
Address
Queen's Road, P.O. Box 45, The Powerhouse, Saint Helier, JEY, JE4 8NY
Jersey Electricity PLC functions in the United Kingdom utility industry through the importation, transmission, distribution, generation, and supply of electricity. The company's business segments are divided into Energy, Building Services, retail, property, and others. The majority of the revenue is generated from the Energy segment. The property management business consists of the management of retail parks, stores, and medical centers.

Jersey Electricity (LSE:JEL) Headlines

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