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Cavendish Hydrogen ASA (OSL:CAVEN) EBIT : kr-244.0 Mil (TTM As of Dec. 2024)


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What is Cavendish Hydrogen ASA EBIT?

Cavendish Hydrogen ASA's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was kr-39.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was kr-244.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cavendish Hydrogen ASA's annualized ROC % for the quarter that ended in Dec. 2024 was -34.12%. Cavendish Hydrogen ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -62.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cavendish Hydrogen ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 85.92%.


Cavendish Hydrogen ASA EBIT Historical Data

The historical data trend for Cavendish Hydrogen ASA'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.

Cavendish Hydrogen ASA EBIT Chart

Cavendish Hydrogen ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
- -246.33 -773.13 -274.95 -249.08

Cavendish Hydrogen ASA Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.96 -67.58 -82.27 -54.23 -39.95

Competitive Comparison of Cavendish Hydrogen ASA's EBIT

For the Utilities - Regulated Gas subindustry, Cavendish Hydrogen ASA'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.


Cavendish Hydrogen ASA's EV-to-EBIT Distribution in the Utilities - Regulated Industry

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

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


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Cavendish Hydrogen ASA 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-244.0 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.


Cavendish Hydrogen ASA  (OSL:CAVEN) EBIT Explanation

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

Cavendish Hydrogen ASA's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-216.184 * ( 1 - 4.44% )/( (613.07 + 598.029)/ 2 )
=-206.5854304/605.5495
=-34.12 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=1187.232 - 28.295 - ( 545.867 - max(0, 244.049 - 916.067+545.867))
=613.07

Invested Capital(Q: Dec. 2024 )
=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))
=1119.69 - 30.548 - ( 491.113 - max(0, 210.309 - 834.187+491.113))
=598.029

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Cavendish Hydrogen ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-159.788/( ( (134.404 + max(121.435, 0)) + (133.94 + max(121.017, 0)) )/ 2 )
=-159.788/( ( 255.839 + 254.957 )/ 2 )
=-159.788/255.398
=-62.56 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.918 + 238.154 + 51.875) - (28.295 + 0 + 212.217)
=121.435

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56.396 + 220.883 + 49.347) - (30.548 + 0 + 175.061)
=121.017

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-244.035/-284.029
=85.92 %

* 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.


Cavendish Hydrogen ASA EBIT Related Terms

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Cavendish Hydrogen ASA Business Description

Traded in Other Exchanges
Address
Vejlevej 5, Herning, DNK, 7400
Cavendish Hydrogen ASA is engaged in developing hydrogen fueling solutions for road-going vehicles. It aims to deliver hydrogen fueling solutions that are safer, faster, and more reliable than any alternative - all while reducing emissions and setting a new standard for fueling heavy-duty vehicles - with reliable fueling solutions.

Cavendish Hydrogen ASA Headlines

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