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Ennogie Solar Group AS (LTS:0FXT) EBIT : kr-8.39 Mil (TTM As of Mar. 2024)


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What is Ennogie Solar Group AS EBIT?

Ennogie Solar Group AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr-6.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-8.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ennogie Solar Group AS's annualized ROC % for the quarter that ended in Mar. 2024 was -47.53%. Ennogie Solar Group AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -234.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ennogie Solar Group AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.60%.


Ennogie Solar Group AS EBIT Historical Data

The historical data trend for Ennogie Solar Group AS'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.

Ennogie Solar Group AS EBIT Chart

Ennogie Solar Group AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 -0.33 -48.84 -11.23 -6.89

Ennogie Solar Group AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 -4.65 -2.43 0.03 0.15 -6.14

Competitive Comparison of Ennogie Solar Group AS's EBIT

For the Solar subindustry, Ennogie Solar Group AS'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.


Ennogie Solar Group AS's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ennogie Solar Group AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ennogie Solar Group AS's EV-to-EBIT falls into.



Ennogie Solar Group AS 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 kr-8.39 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.


Ennogie Solar Group AS  (LTS:0FXT) EBIT Explanation

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

Ennogie Solar Group AS'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 )
=-24.548 * ( 1 - 0% )/( (46.852 + 56.442)/ 2 )
=-24.548/51.647
=-47.53 %

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:

Ennogie Solar Group AS'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 )
=-24.548/( ( (2.626 + max(4.387, 0)) + (2.365 + max(11.54, 0)) )/ 2 )
=-24.548/( ( 7.013 + 13.905 )/ 2 )
=-24.548/10.459
=-234.71 %

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)
=(4.52 + 19.306 + 0.672) - (12.498 + 0 + 7.613)
=4.387

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.745 + 21.585 + 0.746) - (4.222 + 0 + 13.314)
=11.54

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:

Ennogie Solar Group AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-8.387/322.044
=-2.60 %

* 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.


Ennogie Solar Group AS EBIT Related Terms

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Ennogie Solar Group AS (LTS:0FXT) Business Description

Traded in Other Exchanges
Address
Christian IX's Street 2, 2, Copenhagen, DNK, 1111
Ennogie Solar Group AS is a developer and manufacturer of building-integrated solar roofs. The design of the Ennogie solar roof matches well both for new constructions and older buildings.

Ennogie Solar Group AS (LTS:0FXT) Headlines

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